Jiading International Group Holdings (HKSE:08153) Debt-to-Equity : 0.23 (As of Sep. 2023)

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What is Jiading International Group Holdings Debt-to-Equity?

Jiading International Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$19.02 Mil. Jiading International Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$4.73 Mil. Jiading International Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$104.82 Mil. Jiading International Group Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.23.

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 Jiading International Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:08153' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.97 Med: -1.06 Max: 0.49
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Jiading International Group Holdings was 0.49. The lowest was -2.97. And the median was -1.06.

HKSE:08153's Debt-to-Equity is ranked better than
55.93% of 835 companies
in the Media - Diversified industry
Industry Median: 0.28 vs HKSE:08153: 0.23

Jiading International Group Holdings Debt-to-Equity Historical Data

The historical data trend for Jiading International Group 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.

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Jiading International Group Holdings Debt-to-Equity Chart

Jiading International Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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-1.08

-0.82

0.26

0.27

0.35

Jiading International Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.49	N/A	0.35	N/A	0.23

Competitive Comparison of Jiading International Group Holdings's Debt-to-Equity

For the Advertising Agencies subindustry, Jiading International Group 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.

Jiading International Group Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jiading International Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiading International Group Holdings's Debt-to-Equity falls into.

Jiading International Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiading International Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(25.176	+	2.685)	/	78.857
	=	0.35

Jiading International Group Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(19.021	+	4.734)	/	104.82
	=	0.23

Jiading International Group Holdings (HKSE:08153) 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.

Jiading International Group Holdings Debt-to-Equity Related Terms

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

Jiading International Group Holdings (HKSE:08153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Jiading International Group Holdings Ltd (HKSE:08153) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

317–319 Des Voeux Road Central, Room 1104A, 11th floor, Kai Tak Commercial Building, Sheung Wan, Hong Kong, HKG

Website

http://www.jiadingint.com

Jiading International Group Holdings Ltd, formerly Farnova Group Holdings Ltd is an investment holding company. The principal activities of the Group are advertising in Hong Kong, the sales of new energy electric vehicles in the PRC and the sales of new energy battery in the PRC. The company is engaged in the segments of Advertising, New Energy Battery, and New Energy Electric Vehicle:. The vast majority of the revenue is generated from the Advertising segment which is engaged in provision of advertising services in Hong Kong and the PRC. Its geographical segments include Hong Kong, which generates the majority of revenue, and the People's Republic of China.

Executives

Mou Zhongwei	2101 Beneficial owner
Guo Gelin	2101 Beneficial owner
Enerchina Investments Limited	2201 Interest of corporation controlled by you
Oshidori International Holdings Limited	2201 Interest of corporation controlled by you
Uptown Ww Capital Group Limited	2201 Interest of corporation controlled by you
Uptown Ww Holdings Limited	2201 Interest of corporation controlled by you
Wang De Qun	2101 Beneficial owner
Artic Blue Corporation	2101 Beneficial owner
Asian Capital Partners Group Company Limited	2201 Interest of corporation controlled by you
Citic Merchant Co., Limited	2201 Interest of corporation controlled by you
Concorde Capital Group Limited	2201 Interest of corporation controlled by you
Huang Bin	2201 Interest of corporation controlled by you
Song Wen Xia	2101 Beneficial owner
Yiu Kwok Ming Tommy	2101 Beneficial owner

Jiading International Group Holdings (HKSE:08153) Headlines

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