Kunming Dianchi Water Treatment Co (HKSE:03768) Debt-to-Equity : 0.98 (As of Jun. 2024)

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What is Kunming Dianchi Water Treatment Co Debt-to-Equity?

Kunming Dianchi Water Treatment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$3,437 Mil. Kunming Dianchi Water Treatment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1,965 Mil. Kunming Dianchi Water Treatment Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$5,508 Mil. Kunming Dianchi Water Treatment Co's debt to equity for the quarter that ended in Jun. 2024 was 0.98.

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 Kunming Dianchi Water Treatment Co's Debt-to-Equity or its related term are showing as below:

HKSE:03768' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 1.09 Max: 1.45
Current: 0.98

During the past 10 years, the highest Debt-to-Equity Ratio of Kunming Dianchi Water Treatment Co was 1.45. The lowest was 0.46. And the median was 1.09.

HKSE:03768's Debt-to-Equity is ranked worse than
53.22% of 466 companies
in the Utilities - Regulated industry
Industry Median: 0.89 vs HKSE:03768: 0.98

Kunming Dianchi Water Treatment Co Debt-to-Equity Historical Data

The historical data trend for Kunming Dianchi Water Treatment 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.

Kunming Dianchi Water Treatment Co Debt-to-Equity Chart

Kunming Dianchi Water Treatment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.12

1.17

1.45

1.27

1.06

Kunming Dianchi Water Treatment Co Semi-Annual Data
	Dec14	Dec15	Jun16	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														1.25	1.27	1.21	1.06	0.98

Competitive Comparison of Kunming Dianchi Water Treatment Co's Debt-to-Equity

For the Utilities - Regulated Water subindustry, Kunming Dianchi Water Treatment 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.

Kunming Dianchi Water Treatment Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kunming Dianchi Water Treatment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kunming Dianchi Water Treatment Co's Debt-to-Equity falls into.

Kunming Dianchi Water Treatment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kunming Dianchi Water Treatment 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
	=	(3572.996	+	2193.557)	/	5433.327
	=	1.06

Kunming Dianchi Water Treatment 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
	=	(3437.401	+	1964.526)	/	5508.25
	=	0.98

Kunming Dianchi Water Treatment Co (HKSE:03768) 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.

Kunming Dianchi Water Treatment Co Debt-to-Equity Related Terms

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Kunming Dianchi Water Treatment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Kunming Dianchi Water Treatment Co Ltd (HKSE:03768) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hubin Road, Water Purification Plant No. 7, Kunming Dianchi Tourist Resort, Yunnan Province, Kunming, CHN

Website

http://www.kmdcwt.com

Kunming Dianchi Water Treatment Co Ltd is engaged in the development, design, operation, construction, and maintenance of water supply and wastewater treatment facilities in the PRC. It operates through the following segments: Wastewater treatment, Water supply, and Other segments which are involved in the provision of services to the controlling shareholders for the management of treatment facilities and transportation services. The company derives maximum revenue from the Wastewater treatment segment. Geographically, the company operates its business in the PRC.

Executives

Yun Nan Sheng Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Yun Nan Yun Tou Rong Zi Zu Lin You Xian Gong Si	2101 Beneficial owner
Kun Ming Chan Ye Kai Fa Tou Zi You Xian Ze Ren Gong Si	2101 Beneficial owner
Kun Ming Shi Chan Ye Kai Fa Jian She You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Ji You Yin Hang You Xian Gong Si Shen Zhen Fen Hang	2106 Person having a security interest in shares
Beijing Enterprises Group (bvi) Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Investments Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Water Group Limited	2101 Beneficial owner
Modern Orient Limited	2201 Interest of corporation controlled by you

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