Hunlicar Group (HKSE:03638) Debt-to-Equity : 0.39 (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Hunlicar Group Debt-to-Equity?

Hunlicar Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$106.4 Mil. Hunlicar Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$3.8 Mil. Hunlicar Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$280.1 Mil. Hunlicar Group's debt to equity for the quarter that ended in Sep. 2024 was 0.39.

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

HKSE:03638' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.58 Max: 1.12
Current: 0.39

During the past 12 years, the highest Debt-to-Equity Ratio of Hunlicar Group was 1.12. The lowest was 0.07. And the median was 0.58.

HKSE:03638's Debt-to-Equity is ranked better than
58.79% of 529 companies
in the Conglomerates industry
Industry Median: 0.56 vs HKSE:03638: 0.39

Hunlicar Group Debt-to-Equity Historical Data

The historical data trend for Hunlicar Group'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.

Hunlicar Group Debt-to-Equity Chart

Hunlicar Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.55

0.66

0.62

1.03

0.47

Hunlicar Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.69	1.03	0.99	0.47	0.39

Competitive Comparison of Hunlicar Group's Debt-to-Equity

For the Conglomerates subindustry, Hunlicar Group'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.

Hunlicar Group's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hunlicar Group's Debt-to-Equity distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Hunlicar Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hunlicar Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(126.83	+	5.826)	/	282.974
	=	0.47

Hunlicar Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(106.38	+	3.839)	/	280.136
	=	0.39

Hunlicar Group (HKSE:03638) 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.

Hunlicar Group Debt-to-Equity Related Terms

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

Hunlicar Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hunlicar Group Ltd (HKSE:03638) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbor Road, 22nd Floor, Sun Hung Kai Center, Wan Cha, Hong Kong, HKG

Website

https://www.3638hk.com

Hunlicar Group Ltd is engaged in the fields of finance and technology. Its business covers financial and professional services, electronic product trading, food supply chain, and life technology, forming a two-wheel development model.

Executives

Cheung Lit Wan Kenneth	2201 Interest of corporation controlled by you
Talent Virtue International Limited	2101 Beneficial owner
Forever Star Capital Limited	2101 Beneficial owner
Shen Wei	2201 Interest of corporation controlled by you
Luo Jian	2101 Beneficial owner
Lin Rui Ping	2101 Beneficial owner
Lu George	2202 Interest of your spouse
Xin Bang Jin Rong Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Goldjoy Securities Limited

Hunlicar Group Headlines

No Headlines