China Hongbao Holdings (HKSE:08316) Debt-to-Equity : -1.12 (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is China Hongbao Holdings Debt-to-Equity?

China Hongbao Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$33.63 Mil. China Hongbao Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$0.91 Mil. China Hongbao Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$-30.76 Mil. China Hongbao Holdings's debt to equity for the quarter that ended in Sep. 2024 was -1.12.

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

HKSE:08316' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.58 Med: -0.84 Max: 18.6
Current: -1.12

During the past 10 years, the highest Debt-to-Equity Ratio of China Hongbao Holdings was 18.60. The lowest was -11.58. And the median was -0.84.

HKSE:08316's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.44 vs HKSE:08316: -1.12

China Hongbao Holdings Debt-to-Equity Historical Data

The historical data trend for China Hongbao 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.

China Hongbao Holdings Debt-to-Equity Chart

China Hongbao Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

-2.62

-0.86

-0.76

-1.72

-1.14

China Hongbao Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-1.72	N/A	-1.80	-1.14	-1.12

Competitive Comparison of China Hongbao Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, China Hongbao 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.

China Hongbao Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Hongbao Holdings's Debt-to-Equity distribution charts can be found below:

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

China Hongbao Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Hongbao Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(33.696	+	1.847)	/	-31.15
	=	-1.14

China Hongbao Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(33.633	+	0.911)	/	-30.759
	=	-1.12

China Hongbao Holdings (HKSE:08316) 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.

China Hongbao Holdings Debt-to-Equity Related Terms

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

China Hongbao Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Hongbao Holdings Ltd (HKSE:08316) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 51 Kwai Cheong Road, Unit Nos. 1–3 on Level 9, Kowloon Commerce Centre Tower A, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.pakwingc.com

China Hongbao Holdings Ltd, formerly Quantong Holdings Ltd operates in the construction industry principally involved as a foundation subcontractor. The firm is engaged in the provision of foundation works. The projects of the company involve LS work, mini piling, pipe piling and soldier piling, grouting and grout curtain construction, H-piling, and other works. Its target customers mainly comprise main contractors and subcontractors. The group derives the majority of its revenue from its operations in Hong Kong followed by Mainland China.

Executives

Cheng Jun	2101 Beneficial owner
Quantong Group Holdings Limited	2101 Beneficial owner
Xing Yuan	2201 Interest of corporation controlled by you
Ji Zhiwei	2106 Person having a security interest in shares
Fu Yik Lung	2106 Person having a security interest in shares
Steel Dust Limited	2101 Beneficial owner
Zhang Weijie	2201 Interest of corporation controlled by you

China Hongbao Holdings Headlines

No Headlines