China Oriented International Holdings (HKSE:01871) Debt-to-Equity : 0.26 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is China Oriented International Holdings Debt-to-Equity?

China Oriented International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$40.74 Mil. China Oriented International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$12.31 Mil. China Oriented International Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$207.59 Mil. China Oriented International Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for China Oriented International Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01871' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.29 Max: 3.08
Current: 0.26

During the past 9 years, the highest Debt-to-Equity Ratio of China Oriented International Holdings was 3.08. The lowest was 0.19. And the median was 0.29.

HKSE:01871's Debt-to-Equity is ranked better than
52.38% of 231 companies
in the Education industry
Industry Median: 0.3 vs HKSE:01871: 0.26

China Oriented International Holdings Debt-to-Equity Historical Data

The historical data trend for China Oriented International Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Oriented International Holdings Debt-to-Equity Chart

China Oriented International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

0.19

0.21

0.30

0.26

China Oriented International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial										0.30	0.30	0.30	0.26	0.26

Competitive Comparison of China Oriented International Holdings's Debt-to-Equity

For the Education & Training Services subindustry, China Oriented International Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Oriented International Holdings's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Oriented International Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Oriented International Holdings's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

China Oriented International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Oriented International Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(50.738	+	12.378)	/	207.347
	=	0.30

China Oriented International Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(40.739	+	12.307)	/	207.59
	=	0.26

China Oriented International Holdings (HKSE:01871) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

China Oriented International Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Oriented International Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Oriented International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Oriented International Holdings Ltd (HKSE:01871) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Baililiu Village, Zhutang Township, Suiping Count, Henan Province, Zhumadian, CHN

Website

http://www.china-oriented.com

China Oriented International Holdings Ltd is engaged in providing driving training services. It has two driving schools, namely, Shun Da School and Tong Tai School. Shun Da School offers driving training services for preparation for Driving Tests of small manual cars and Tong Tai School is a qualified level I driving school offering driving training services for preparation for driving tests of both Large Vehicles and Small Vehicles. The Group's operation is regarded as one reportable and operating segment which is provision of driving training services. All of the group's revenue is derived from the PRC.

Executives

Ample Star Global Limited	2101 Beneficial owner
Greater Sino Ventures Limited	2101 Beneficial owner
China Castson 81 Finance Company Limited	2101 Beneficial owner
Hui Ching Ping	2202 Interest of your spouse
Ling Wai Leung	2201 Interest of corporation controlled by you
Pu Xiong Tou Zi You Xian Gong Si	2101 Beneficial owner
Gao Dongju	2202 Interest of your spouse
Qi Xiangzhong	2201 Interest of corporation controlled by you
China Internet Investment Finance Holdings Limited	2201 Interest of corporation controlled by you
Shou Yue Kong Gu You Xian Gong Si	2101 Beneficial owner

China Oriented International Holdings Headlines

No Headlines