Fulu Holdings (HKSE:02101) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Fulu Holdings Debt-to-Equity?

Fulu Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$160.2 Mil. Fulu Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5.4 Mil. Fulu Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,391.3 Mil. Fulu Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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 Fulu Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:02101' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.13 Max: 1.02
Current: 0.12

During the past 7 years, the highest Debt-to-Equity Ratio of Fulu Holdings was 1.02. The lowest was 0.02. And the median was 0.13.

HKSE:02101's Debt-to-Equity is ranked better than
84.6% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs HKSE:02101: 0.12

Fulu Holdings Debt-to-Equity Historical Data

The historical data trend for Fulu 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.

Fulu Holdings Debt-to-Equity Chart

Fulu Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.13

0.02

0.05

0.12

Fulu Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.02	0.07	0.05	0.14	0.12

Competitive Comparison of Fulu Holdings's Debt-to-Equity

For the Internet Retail subindustry, Fulu 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.

Fulu Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fulu Holdings's Debt-to-Equity distribution charts can be found below:

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

Fulu Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fulu 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
	=	(160.224	+	5.444)	/	1391.329
	=	0.12

Fulu Holdings's Debt to Equity Ratio for the quarter 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
	=	(160.224	+	5.444)	/	1391.329
	=	0.12

Fulu Holdings (HKSE:02101) 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.

Fulu Holdings Debt-to-Equity Related Terms

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

Fulu Holdings (HKSE:02101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fulu Holdings Ltd (HKSE:02101) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 77, Guanggu Avenue, 2nd Floor, Building B2, Optics Valley Financial Port, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN

Website

https://www.fulu.com

Fulu Holdings Ltd is a third-party virtual goods and services platform operator in China. Its platform connects virtual goods vendors and virtual goods sales channels. It serves virtual goods vendors, covering leisure and entertainment, games, telecommunications, and lifestyle services, providing virtual goods vendors with access to a variety of sales channels, such as e-commerce and online payment platforms. It generates revenues from providing business-to-business services to virtual goods vendors and sales channels, including facilitating virtual goods transactions between virtual goods vendors and virtual goods sales channels and providing value-added services. It generates revenue from four business segments: leisure and entertainment; games; telecommunications; and lifestyle.

Executives

Xu Jian	2201 Interest of corporation controlled by you
Luzhi Holdings Limited	2101 Beneficial owner
Fu Xi	2307 Founder of a discretionary trust who can infl
Zhang Yuguo	2101 Beneficial owner
Fuxi Limited	2201 Interest of corporation controlled by you
Zhangyuguo Holdings Limited	2101 Beneficial owner

Fulu Holdings (HKSE:02101) Headlines

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