China Boqi Environmental (Holding) Co (HKSE:02377) Debt-to-Equity : 0.10 (As of Jun. 2024)

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What is China Boqi Environmental (Holding) Co Debt-to-Equity?

China Boqi Environmental (Holding) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$149 Mil. China Boqi Environmental (Holding) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$202 Mil. China Boqi Environmental (Holding) Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$3,404 Mil. China Boqi Environmental (Holding) Co's debt to equity for the quarter that ended in Jun. 2024 was 0.10.

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 Boqi Environmental (Holding) Co's Debt-to-Equity or its related term are showing as below:

HKSE:02377' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 1.17
Current: 0.1

During the past 10 years, the highest Debt-to-Equity Ratio of China Boqi Environmental (Holding) Co was 1.17. The lowest was 0.03. And the median was 0.07.

HKSE:02377's Debt-to-Equity is ranked better than
73.77% of 2596 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:02377: 0.10

China Boqi Environmental (Holding) Co Debt-to-Equity Historical Data

The historical data trend for China Boqi Environmental (Holding) Co'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 Boqi Environmental (Holding) Co Debt-to-Equity Chart

China Boqi Environmental (Holding) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.09

0.08

China Boqi Environmental (Holding) Co Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial													0.07	0.08	0.05	0.08	0.10

Competitive Comparison of China Boqi Environmental (Holding) Co's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, China Boqi Environmental (Holding) Co'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 Boqi Environmental (Holding) Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Boqi Environmental (Holding) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Boqi Environmental (Holding) Co's Debt-to-Equity falls into.

China Boqi Environmental (Holding) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Boqi Environmental (Holding) Co'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
	=	(134.663	+	131.723)	/	3333.259
	=	0.08

China Boqi Environmental (Holding) Co'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
	=	(149.457	+	202.456)	/	3403.533
	=	0.10

China Boqi Environmental (Holding) Co (HKSE:02377) 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 Boqi Environmental (Holding) Co Debt-to-Equity Related Terms

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China Boqi Environmental (Holding) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Boqi Environmental (Holding) Co Ltd (HKSE:02377) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Laiguangying West Road, 9-10th Floor, CCT Center, Chaoyang District, Beijing, CHN, 100123

Website

http://www.chinaboqi.com

China Boqi Environmental (Holding) Co Ltd is an investment holding company providing independent flue gas treatment service and environmental protection solution services by various business models, including environmental protection facility engineering, operation, and maintenance, and concession operation. It operates in four segments: Flue gas treatment; Water treatment; Hazardous and solid waste treatment/disposal business; and Dual-carbon new energy+ business. The group operates in the PRC.

Executives

Cheng Liquan Richard	2401 A concert party to an agreement to buy shares
World Hero International Limited	2101 Beneficial owner
Zhou Xuan	2202 Interest of your spouse
Zhong Guo Shi You Hua Gong Ji Tuan You Xian Gong Si
Zhong Guo Shi Hua Hai Wai Tou Zi Kong Gu You Xian Gong Si
Ge Tong	2202 Interest of your spouse
Zhong Guo Shi You Hua Gong Gu Fen You Xian Gong Si
Best Dawn Limited	2101 Beneficial owner
Zeng Zhijun	2201 Interest of corporation controlled by you
New Asia Limited	2101 Beneficial owner
Zhu Weihang	2201 Interest of corporation controlled by you
Great Origin Ventures Limited	2201 Interest of corporation controlled by you
Cheng Liquan Richard
Cheng Liquan Richard	2401 A concert party to an agreement to buy shares
Bright Hope Global Investments Limited	2201 Interest of corporation controlled by you

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