Ziyuanyuan Holdings Group (HKSE:08223) Debt-to-Equity : 0.59 (As of Jun. 2024)

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What is Ziyuanyuan Holdings Group Debt-to-Equity?

Ziyuanyuan Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$117.7 Mil. Ziyuanyuan Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$108.8 Mil. Ziyuanyuan Holdings Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$385.9 Mil. Ziyuanyuan Holdings Group's debt to equity for the quarter that ended in Jun. 2024 was 0.59.

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

HKSE:08223' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.41 Max: 0.8
Current: 0.59

During the past 9 years, the highest Debt-to-Equity Ratio of Ziyuanyuan Holdings Group was 0.80. The lowest was 0.11. And the median was 0.41.

HKSE:08223's Debt-to-Equity is ranked worse than
65.93% of 91 companies
in the Medical Distribution industry
Industry Median: 0.32 vs HKSE:08223: 0.59

Ziyuanyuan Holdings Group Debt-to-Equity Historical Data

The historical data trend for Ziyuanyuan Holdings 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.

Ziyuanyuan Holdings Group Debt-to-Equity Chart

Ziyuanyuan Holdings Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.24

0.37

0.68

0.80

0.46

Ziyuanyuan Holdings Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.67	N/A	0.46	0.59

Competitive Comparison of Ziyuanyuan Holdings Group's Debt-to-Equity

For the Medical Distribution subindustry, Ziyuanyuan Holdings 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.

Ziyuanyuan Holdings Group's Debt-to-Equity Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Ziyuanyuan Holdings Group's Debt-to-Equity distribution charts can be found below:

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

Ziyuanyuan Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ziyuanyuan Holdings 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
	=	(117.215	+	39.912)	/	341.748
	=	0.46

Ziyuanyuan Holdings Group'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
	=	(117.73	+	108.757)	/	385.929
	=	0.59

Ziyuanyuan Holdings Group (HKSE:08223) 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.

Ziyuanyuan Holdings Group Debt-to-Equity Related Terms

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Ziyuanyuan Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Ziyuanyuan Holdings Group Ltd (HKSE:08223) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 198 Daxin Road, 10th Floor, Block A, Majialong Innovation Building, Nanshan District, Guangdong Province, Shenzhen, CHN

Website

http://www.ziyygroup.com

Ziyuanyuan Holdings Group Ltd along with its subsidiaries, is principally engaged in the provision of medical equipment finance leasing services and maternal and child postpartum care industry services, and trading of medical equipment and consumables business in the PRC. The operating segments of the company are Finance leasing, Postpartum care service, and Trading of medical equipment and consumables which is also its key revenue generating segment. Geographically, it derives revenue from the PRC.

Executives

Hero Global Limited	2101 Beneficial owner
Icon Global Holding Limited	2401 A concert party to an agreement to buy shares
Tang Yiping	2202 Interest of your spouse
Zhang Junshen	2201 Interest of corporation controlled by you
Zhang Junwei	2401 A concert party to an agreement to buy shares

Ziyuanyuan Holdings Group Headlines

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