Wanguo Gold Group (HKSE:03939) Debt-to-Equity : 0.08 (As of Dec. 2024)

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What is Wanguo Gold Group Debt-to-Equity?

Wanguo Gold Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$196 Mil. Wanguo Gold Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$85 Mil. Wanguo Gold Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$3,347 Mil. Wanguo Gold Group's debt to equity for the quarter that ended in Dec. 2024 was 0.08.

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

HKSE:03939' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.16 Max: 0.55
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Wanguo Gold Group was 0.55. The lowest was 0.08. And the median was 0.16.

HKSE:03939's Debt-to-Equity is ranked better than
60.29% of 1239 companies
in the Metals & Mining industry
Industry Median: 0.14 vs HKSE:03939: 0.08

Wanguo Gold Group Debt-to-Equity Historical Data

The historical data trend for Wanguo Gold 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.

Wanguo Gold Group Debt-to-Equity Chart

Wanguo Gold Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.15

0.12

0.17

0.15

0.08

Wanguo Gold Group Semi-Annual Data
	Jun15	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															0.17	0.16	0.15	0.21	0.08

Competitive Comparison of Wanguo Gold Group's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Wanguo Gold 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.

Wanguo Gold Group's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wanguo Gold Group's Debt-to-Equity distribution charts can be found below:

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

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Wanguo Gold Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wanguo Gold Group'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
	=	(196.263	+	85.289)	/	3346.701
	=	0.08

Wanguo Gold Group'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
	=	(196.263	+	85.289)	/	3346.701
	=	0.08

Wanguo Gold Group (HKSE:03939) 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.

Wanguo Gold Group Debt-to-Equity Related Terms

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Wanguo Gold Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wanguo Gold Group Ltd (HKSE:03939) » Definitions » Debt-to-Equity

Traded in Other Exchanges

WI0:Germany

Address

Wanguo Mining Area, Xinzhuang Township Yifeng County, Jiangxi Province, Yifeng, CHN

Website

http://www.wgmine.com

Wanguo Gold Group Ltd formerly, Wanguo International Mining Group Ltd is principally engaged in the business of mining, ore processing, and sale of concentrates products. The concentrates products of the group include Copper concentrates, Iron concentrates, Zinc concentrates, Sulfur concentrates, Lead concentrates as well as by-products of Gold and Silver, among others. Key revenue is derived from the sale of Copper concentrates. The group generates a majority of its revenue from the PRC.

Executives

Golden Crane Holdings Limited	2201 Interest of corporation controlled by you
He Guangping	2101 Beneficial owner
Gao Mingqing
Lin Yinyin
Gao Jinzhu
Wang Weimian
Victor Soar Investments Ltd.
Zi Jin Kuang Ye Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Jiangxi Copper Corporation Limited	2201 Interest of corporation controlled by you
Shan Dong Heng Bang Ye Lian Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Xi Tong Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Haitong International Financial Solutions Limited
Haitong International Holdings Limited
Haitong International Securities Group Limited
Haitong Securities Co., Ltd.

Wanguo Gold Group Headlines

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