Zhixin Group Holding (HKSE:02187) Debt-to-Equity : 0.95 (As of Dec. 2024)

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What is Zhixin Group Holding Debt-to-Equity?

Zhixin Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$243.1 Mil. Zhixin Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$141.7 Mil. Zhixin Group Holding's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$403.5 Mil. Zhixin Group Holding's debt to equity for the quarter that ended in Dec. 2024 was 0.95.

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 Zhixin Group Holding's Debt-to-Equity or its related term are showing as below:

HKSE:02187' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 0.98 Max: 2
Current: 0.95

During the past 8 years, the highest Debt-to-Equity Ratio of Zhixin Group Holding was 2.00. The lowest was 0.76. And the median was 0.98.

HKSE:02187's Debt-to-Equity is ranked worse than
83.93% of 361 companies
in the Building Materials industry
Industry Median: 0.37 vs HKSE:02187: 0.95

Zhixin Group Holding Debt-to-Equity Historical Data

The historical data trend for Zhixin Group Holding'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.

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Zhixin Group Holding Debt-to-Equity Chart

Zhixin Group Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

1.47

0.76

1.00

0.96

0.95

Zhixin Group Holding Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial								1.00	1.00	0.96	0.92	0.95

Competitive Comparison of Zhixin Group Holding's Debt-to-Equity

For the Building Materials subindustry, Zhixin Group Holding'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.

Zhixin Group Holding's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Zhixin Group Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhixin Group Holding's Debt-to-Equity falls into.

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Zhixin Group Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhixin Group Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(243.107	+	141.67)	/	403.526
	=	0.95

Zhixin Group Holding's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(243.107	+	141.67)	/	403.526
	=	0.95

Zhixin Group Holding (HKSE:02187) 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.

Zhixin Group Holding Debt-to-Equity Related Terms

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

Zhixin Group Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Zhixin Group Holding Ltd (HKSE:02187) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1.No. 55, Guankou Avenue, Jimei District, Fujian Province, Xiamen, CHN

Website

http://www.xiamenzhixin.com

Zhixin Group Holding Ltd is a manufacturer and supplier of concrete-based building materials. The principal products of the company are ready-mixed concrete and precast concrete components. In addition, the Group is also engaged in solid waste processing and sales of eco-friendly construction materials. The company's operating segments are (i) Ready-mixed concrete, (ii) Precast concrete components, and (iii) Tailings recycling and bricks. The majority of revenue is from the Ready-mixed concrete segment.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Yeung Man	2101 Beneficial owner
Lai Yiyang	2101 Beneficial owner
Hong Wei	2202 Interest of your spouse
Ye Zhijie	2201 Interest of corporation controlled by you
Zhixin Investment Holding Limited	2101 Beneficial owner
Huang Wengui	2201 Interest of corporation controlled by you
Lin Lingling	2202 Interest of your spouse
Yaohe Holding Limited	2101 Beneficial owner

Zhixin Group Holding Headlines

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