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Guangdong Kanghua Healthcare Group Co (HKSE:03689) Debt-to-Equity : 0.22 (As of Dec. 2024)


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What is Guangdong Kanghua Healthcare Group Co Debt-to-Equity?

Guangdong Kanghua Healthcare Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$70 Mil. Guangdong Kanghua Healthcare Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$273 Mil. Guangdong Kanghua Healthcare Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$1,537 Mil. Guangdong Kanghua Healthcare Group Co's debt to equity for the quarter that ended in Dec. 2024 was 0.22.

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 Guangdong Kanghua Healthcare Group Co's Debt-to-Equity or its related term are showing as below:

HKSE:03689' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.33   Max: 1.48
Current: 0.22

During the past 12 years, the highest Debt-to-Equity Ratio of Guangdong Kanghua Healthcare Group Co was 1.48. The lowest was 0.22. And the median was 0.33.

HKSE:03689's Debt-to-Equity is ranked better than
66.01% of 562 companies
in the Healthcare Providers & Services industry
Industry Median: 0.44 vs HKSE:03689: 0.22

Guangdong Kanghua Healthcare Group Co Debt-to-Equity Historical Data

The historical data trend for Guangdong Kanghua Healthcare Group 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.

Guangdong Kanghua Healthcare Group Co Debt-to-Equity Chart

Guangdong Kanghua Healthcare Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.35 0.29 0.30 0.22

Guangdong Kanghua Healthcare Group Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.28 0.30 0.13 0.22

Competitive Comparison of Guangdong Kanghua Healthcare Group Co's Debt-to-Equity

For the Medical Care Facilities subindustry, Guangdong Kanghua Healthcare Group 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.

Guangdong Kanghua Healthcare Group Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Guangdong Kanghua Healthcare Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guangdong Kanghua Healthcare Group Co's Debt-to-Equity falls into.


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Guangdong Kanghua Healthcare Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guangdong Kanghua Healthcare Group 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
=(69.673 + 272.682) / 1536.937
=0.22

Guangdong Kanghua Healthcare Group 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
=(69.673 + 272.682) / 1536.937
=0.22

* 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.

Guangdong Kanghua Healthcare Group Co  (HKSE:03689) 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.

Guangdong Kanghua Healthcare Group Co Debt-to-Equity Related Terms

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Guangdong Kanghua Healthcare Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Guangdong Kanghua Healthcare Group Co Ltd (HKSE:03689) » Definitions » Debt-to-Equity
Comparable Companies
HKSE:02120 HKSE:02138 HKSE:01518 HKSE:02279 HKSE:02389 HKSE:00383 HKSE:02189 HKSE:09906 HKSE:03869 HKSE:01846 HCA SAU:4013 XTER:FRE SZSE:300015 XTER:FME XKLS:5225 BSP:RDOR3 BOM:543220 NSE:APOLLOHOSP THC
Traded in Other Exchanges
N/A
Address
1000 Dongguan Avenue, Guangdong Province, Dongguan, CHN
Website
http://www.kanghuagp.com
Guangdong Kanghua Healthcare Group Co Ltd provides healthcare services. The reportable segments are as follows, The Hospital services segment includes the provision of hospital services including inpatient healthcare services, outpatient healthcare services, and physical examination services; Rehabilitation and other healthcare services including the provision of rehabilitation services; Elderly healthcare services include the provision of elderly healthcare services, including assisted living, adult daycare, longterm care, residential care and hospice care to the aged patients. It generates all of its revenue from the PRC.
Executives
Wang Chi Yeung 2101 Beneficial owner
Mialkos Tomasz Jakub 2101 Beneficial owner
Chen Zhaoming 2101 Beneficial owner
New China Asset Management (hong Kong) Limited 2102 Investment manager
New China Life Insurance Company Ltd. 2101 Beneficial owner
New China Asset Management Company Limited 2201 Interest of corporation controlled by you
Xin Hua Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhan Yong Xiang 2101 Beneficial owner
Lin Lijun 2201 Interest of corporation controlled by you
Lvc Assets Management Limited 2201 Interest of corporation controlled by you
Lvc Kh Investment L.p. 2101 Beneficial owner
Haitian (hk) Holdings Limited 2101 Beneficial owner

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