Qingci Games (HKSE:06633) Debt-to-Equity : 0.02 (As of Jun. 2024)

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What is Qingci Games Debt-to-Equity?

Qingci Games's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$10.9 Mil. Qingci Games's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$34.9 Mil. Qingci Games's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$1,940.5 Mil. Qingci Games's debt to equity for the quarter that ended in Jun. 2024 was 0.02.

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 Qingci Games's Debt-to-Equity or its related term are showing as below:

HKSE:06633' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.01 Med: 0.02 Max: 0.05
Current: 0.02

During the past 6 years, the highest Debt-to-Equity Ratio of Qingci Games was 0.05. The lowest was -0.01. And the median was 0.02.

HKSE:06633's Debt-to-Equity is ranked better than
87.2% of 414 companies
in the Interactive Media industry
Industry Median: 0.13 vs HKSE:06633: 0.02

Qingci Games Debt-to-Equity Historical Data

The historical data trend for Qingci Games'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.

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Qingci Games Debt-to-Equity Chart

Qingci Games Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.05

0.02

0.03

Qingci Games Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial						0.02	0.02	0.02	0.03	0.02

Competitive Comparison of Qingci Games's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Qingci Games'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.

Qingci Games's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Qingci Games's Debt-to-Equity distribution charts can be found below:

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

Qingci Games Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Qingci Games'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
	=	(10.069	+	38.465)	/	1911.192
	=	0.03

Qingci Games'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
	=	(10.86	+	34.879)	/	1940.528
	=	0.02

Qingci Games (HKSE:06633) 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.

Qingci Games Debt-to-Equity Related Terms

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Qingci Games Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Qingci Games Inc (HKSE:06633) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, 4 Wang Hai Road, Xiamen Software Park II, Fujian Province, Xiamen, CHN, 361008

Website

https://www.qcplay.com

Qingci Games Inc is a integrated mobile game developer and publisher in China. It offers mobile games that are designed to provide captivating content as well as distinctive and engaging gameplay experiences to players in mainland China and overseas.

Executives

Keiskei Holding Ltd.
Yang Family Holding Limited
Yang Xu
Xia Men Ji Xiang Gu Quan Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Ucweb Inc.	2201 Interest of corporation controlled by you
Uc Mobile New World Limited	2201 Interest of corporation controlled by you
Uc Mobile International Limited	2201 Interest of corporation controlled by you
Qookka Entertainment Limited	2101 Beneficial owner
Ejoy.com Inc.	2201 Interest of corporation controlled by you
Alibaba Investment Limited	2201 Interest of corporation controlled by you
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Ali Uc Investment Holding Limited	2201 Interest of corporation controlled by you
Intelligence Qc Ltd.	2101 Beneficial owner
Ye Jiting	2201 Interest of corporation controlled by you

Qingci Games Headlines

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