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Guoquan Food (Shanghai) Co (HKSE:02517) Debt-to-Equity : 0.03 (As of Dec. 2024)


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What is Guoquan Food (Shanghai) Co Debt-to-Equity?

Guoquan Food (Shanghai) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$85 Mil. Guoquan Food (Shanghai) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$25 Mil. Guoquan Food (Shanghai) Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$3,357 Mil. Guoquan Food (Shanghai) Co's debt to equity for the quarter that ended in Dec. 2024 was 0.03.

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 Guoquan Food (Shanghai) Co's Debt-to-Equity or its related term are showing as below:

HKSE:02517' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.18
Current: 0.03

During the past 5 years, the highest Debt-to-Equity Ratio of Guoquan Food (Shanghai) Co was 0.18. The lowest was 0.02. And the median was 0.03.

HKSE:02517's Debt-to-Equity is ranked better than
92.69% of 1655 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs HKSE:02517: 0.03

Guoquan Food (Shanghai) Co Debt-to-Equity Historical Data

The historical data trend for Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co Debt-to-Equity Chart

Guoquan Food (Shanghai) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
0.18 0.02 0.05 0.03 0.03

Guoquan Food (Shanghai) Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity Get a 7-Day Free Trial 0.05 N/A 0.03 0.03 0.03

Competitive Comparison of Guoquan Food (Shanghai) Co's Debt-to-Equity

For the Packaged Foods subindustry, Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guoquan Food (Shanghai) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guoquan Food (Shanghai) Co's Debt-to-Equity falls into.


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Guoquan Food (Shanghai) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guoquan Food (Shanghai) Co'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
=(85.066 + 24.599) / 3357.158
=0.03

Guoquan Food (Shanghai) Co'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
=(85.066 + 24.599) / 3357.158
=0.03

* 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.

Guoquan Food (Shanghai) Co  (HKSE:02517) 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.

Guoquan Food (Shanghai) Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Guoquan Food (Shanghai) Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Guoquan Food (Shanghai) Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guoquan Food (Shanghai) Co Ltd (HKSE:02517) » Definitions » Debt-to-Equity
Comparable Companies
HKSE:09676 HKSE:01610 HKSE:01112 HKSE:01475 HKSE:01458 HKSE:06868 HKSE:01717 HKSE:09977 HKSE:01497 HKSE:06683 XSWX:NESN XPAR:BN KHC SHSE:603288 GIS K NSE:NESTLEIND SHSE:600887 SZSE:300999 LSE:ABF
Traded in Other Exchanges
N/A
Address
Lane 187, Xinghong Road, Room 802, No. 3, Minhang, Shanghai, CHN
Website
https://www.zzgqsh.com
Guoquan Food (Shanghai) Co Ltd is the rapidly growing home meal products brand in China. It offers a variety of ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. With a carefully curated product portfolio and an extensive network of community-based stores, it enables consumers to enjoy meals at home with convenience, affordability and tastiness. Leveraging its robust supply chain and production capabilities, The company offers a wide variety of home meal products under the Guoquan Shihui brand through a nationwide network of 9,844 retail stores in China, serving diverse dining scenarios.
Executives
Zhao Shang Yin Xing Gu Fen You Xian Gong Si
Zhao Yin Guo Ji Zi Ben Guan Li Shen Zhen You Xian Gong Si
Zhao Yin Guo Ji Jin Rong Kong Gu You Xian Gong Si
Zhao Yin Guo Ji Jin Rong You Xian Gong Si
Zhao Yin Jin Rong Kong Gu Shen Zhen You Xian Gong Si
Cheng Du Quan Yi Shi Pin You Xian Gong Si 2101 Beneficial owner
San Quan Shi Pin Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Idg China Venture Capital Fund Gp V Associates Ltd. 2201 Interest of corporation controlled by you
Ho Chi Sing 2201 Interest of corporation controlled by you
Famous Wealthy Limited 2101 Beneficial owner
Zhou Quan 2201 Interest of corporation controlled by you
Idg China Venture Capital Fund V L.p. 2201 Interest of corporation controlled by you
Idg China Venture Capital Fund V Associates L.p. 2201 Interest of corporation controlled by you
Shang Hai Guo Xiao Quan Qi Ye Guan Li Zhong Xin You Xian He Huo 2101 Beneficial owner
Wei Zhe 2201 Interest of corporation controlled by you

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