Bao Shen Holdings (HKSE:08151) Debt-to-Equity : 0.62 (As of Dec. 2022)

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What is Bao Shen Holdings Debt-to-Equity?

Bao Shen Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was HK$49.1 Mil. Bao Shen Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was HK$0.0 Mil. Bao Shen Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2022 was HK$79.1 Mil. Bao Shen Holdings's debt to equity for the quarter that ended in Dec. 2022 was 0.62.

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 Bao Shen Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:08151's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Bao Shen Holdings Debt-to-Equity Historical Data

The historical data trend for Bao Shen Holdings'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.

Bao Shen Holdings Debt-to-Equity Chart

Bao Shen Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.25

0.33

0.46

0.62

Bao Shen Holdings Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial															0.46	N/A	0.61	N/A	0.62

Competitive Comparison of Bao Shen Holdings's Debt-to-Equity

For the Specialty Chemicals subindustry, Bao Shen Holdings'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.

Bao Shen Holdings's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bao Shen Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bao Shen Holdings's Debt-to-Equity falls into.

Bao Shen Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bao Shen Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(49.103	+	0.022)	/	79.076
	=	0.62

Bao Shen Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(49.103	+	0.022)	/	79.076
	=	0.62

Bao Shen Holdings (HKSE:08151) 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.

Bao Shen Holdings Debt-to-Equity Related Terms

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Bao Shen Holdings (HKSE:08151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bao Shen Holdings Ltd (HKSE:08151) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 719, Shuang Ying Road, Wu Yi Industrial Park, Nanqiao Suburb, Anhui, Chuzhou City, CHN

Website

https://www.baoshen.com.hk

Bao Shen Holdings Ltd and its subsidiaries manufacture plastic and steel component processor for white goods of home washing machines and home refrigerators which entails manufacturing of stamping components, plastic components and processing of spray-painting and powdercoating peripheral components. All of the company's revenue is derived from PRC.

Bao Shen Holdings (HKSE:08151) Headlines

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