Henan Jinma Energy Co (HKSE:06885) Debt-to-Equity : 1.20 (As of Dec. 2024)

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What is Henan Jinma Energy Co Debt-to-Equity?

Henan Jinma Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$3,018 Mil. Henan Jinma Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$982 Mil. Henan Jinma Energy Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$3,329 Mil. Henan Jinma Energy Co's debt to equity for the quarter that ended in Dec. 2024 was 1.20.

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 Henan Jinma Energy Co's Debt-to-Equity or its related term are showing as below:

HKSE:06885' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.69 Max: 1.2
Current: 1.2

During the past 11 years, the highest Debt-to-Equity Ratio of Henan Jinma Energy Co was 1.20. The lowest was 0.35. And the median was 0.69.

HKSE:06885's Debt-to-Equity is ranked worse than
84.81% of 553 companies
in the Steel industry
Industry Median: 0.44 vs HKSE:06885: 1.20

Henan Jinma Energy Co Debt-to-Equity Historical Data

The historical data trend for Henan Jinma Energy 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.

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Henan Jinma Energy Co Debt-to-Equity Chart

Henan Jinma Energy Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.35

0.56

0.92

1.20

Henan Jinma Energy Co Semi-Annual Data
	Dec14	Dec15	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														0.92	1.09	1.20	1.20	1.20

Competitive Comparison of Henan Jinma Energy Co's Debt-to-Equity

For the Coking Coal subindustry, Henan Jinma Energy 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.

Henan Jinma Energy Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Henan Jinma Energy Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Henan Jinma Energy Co's Debt-to-Equity falls into.

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Henan Jinma Energy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Henan Jinma Energy 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
	=	(3017.949	+	982.038)	/	3329.324
	=	1.20

Henan Jinma Energy 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
	=	(3017.949	+	982.038)	/	3329.324
	=	1.20

Henan Jinma Energy Co (HKSE:06885) 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.

Henan Jinma Energy Co Debt-to-Equity Related Terms

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

Henan Jinma Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Henan Jinma Energy Co Ltd (HKSE:06885) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

West First Ring Road South, Henan Province, Jiyuan, CHN, 459000

Website

https://www.hnjmny.com

Henan Jinma Energy Co Ltd operates as a coke producer and processor of coking by-products in the coking chemical industry in Henan province. It operates through the following business segments: Coke Segment is mainly engaged in the manufacture of Coke. The Refined Chemicals Segment is mainly engaged in the manufacture of benzene-based chemicals and coal-tar-based chemicals. The Energy Products Segment is mainly engaged in the manufacture of coal gas. The Trading Segment is mainly engaged in the trading of coal and coal mining equipment. It generates maximum revenue from the Coke segment. Geographically, it derives revenue from the PRC.

Executives

Wei Fang Zhen Xing Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Yiu Chiu Fai	2101 Beneficial owner
Hai Nan Heng Kun Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Li Zheng Chao	2201 Interest of corporation controlled by you
Jin Xing Hua Gong Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Ma Jiao Hua Ying Shu Wei Jing Qun Dao You Xian Gong Si	2201 Interest of corporation controlled by you
Xu Hua Ping	2201 Interest of corporation controlled by you
Shan Dong Wei Jiao Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shan Dong Heng Kun Mei Jiao You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Wei Gang Xin Neng Yuan You Xian Gong Si	2201 Interest of corporation controlled by you
Liu Liang Yu	2201 Interest of corporation controlled by you
Lam Yuk Wai	2202 Interest of your spouse
Ji Yuan Shi Jin Ma Xing Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Wang Li Jie	2201 Interest of corporation controlled by you
Zheng Jing	2202 Interest of your spouse

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