Tongdao Liepin Group (HKSE:06100) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Tongdao Liepin Group Debt-to-Equity?

Tongdao Liepin Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$88 Mil. Tongdao Liepin Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$59 Mil. Tongdao Liepin Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,164 Mil. Tongdao Liepin Group's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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

HKSE:06100' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.96 Med: 0.05 Max: 4.69
Current: 0.05

During the past 9 years, the highest Debt-to-Equity Ratio of Tongdao Liepin Group was 4.69. The lowest was -0.96. And the median was 0.05.

HKSE:06100's Debt-to-Equity is ranked better than
87.46% of 917 companies
in the Business Services industry
Industry Median: 0.38 vs HKSE:06100: 0.05

Tongdao Liepin Group Debt-to-Equity Historical Data

The historical data trend for Tongdao Liepin 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.

Tongdao Liepin Group Debt-to-Equity Chart

Tongdao Liepin Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.04

0.05

0.06

0.05

Tongdao Liepin Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.05	0.04	0.06	0.08	0.05

Competitive Comparison of Tongdao Liepin Group's Debt-to-Equity

For the Staffing & Employment Services subindustry, Tongdao Liepin 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.

Tongdao Liepin Group's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tongdao Liepin Group's Debt-to-Equity distribution charts can be found below:

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

Tongdao Liepin Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tongdao Liepin Group'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
	=	(87.615	+	58.933)	/	3164.069
	=	0.05

Tongdao Liepin Group's Debt to Equity Ratio for the quarter 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
	=	(87.615	+	58.933)	/	3164.069
	=	0.05

Tongdao Liepin Group (HKSE:06100) 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.

Tongdao Liepin Group Debt-to-Equity Related Terms

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

Tongdao Liepin Group (HKSE:06100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tongdao Liepin Group (HKSE:06100) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TGDLF:USA

Address

Gaoliangqiaoxie Road, Room 415–3, Building No. 5, Courtyard No. 59, Haidian District, Beijing, CHN

Website

https://www.liepin.com

Tongdao Liepin Group is a China-based company engaged in the provision of talent acquisition services to individuals, businesses, and headhunters. The company provides a platform for job seekers to seek career opportunities by connecting them to companies hiring. The firm delivers talent services to individual users mainly through its website, mobile application, and WeChat official account.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fidelity Funds	2101 Beneficial owner
Yiheng Capital, Llc
Dai Kebin	2307 Founder of a discretionary trust who can infl
Song Yueting	2202 Interest of your spouse
May Flower Information Technology Co., Limited	2501 Other
Morgan Stanley	2201 Interest of corporation controlled by you
Warburg Pincus Partners Ii, L.p.	2201 Interest of corporation controlled by you
Giant Lilly Investment Ltd	2101 Beneficial owner
Warburg Pincus & Co.	2201 Interest of corporation controlled by you
Wp Global Llc	2201 Interest of corporation controlled by you

Tongdao Liepin Group (HKSE:06100) Headlines

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