Yunhong Guixin Group Holdings (HKSE:08349) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Yunhong Guixin Group Holdings Debt-to-Equity?

Yunhong Guixin Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.03 Mil. Yunhong Guixin Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.11 Mil. Yunhong Guixin Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$67.76 Mil. Yunhong Guixin Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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

HKSE:08349' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.21 Max: 1.57
Current: 0.12

During the past 10 years, the highest Debt-to-Equity Ratio of Yunhong Guixin Group Holdings was 1.57. The lowest was 0.01. And the median was 0.21.

HKSE:08349's Debt-to-Equity is ranked better than
77.72% of 1526 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:08349: 0.12

Yunhong Guixin Group Holdings Debt-to-Equity Historical Data

The historical data trend for Yunhong Guixin 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.

* Premium members only.

Yunhong Guixin Group Holdings Debt-to-Equity Chart

Yunhong Guixin Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.01

0.12

Yunhong Guixin Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.12	N/A	0.10	N/A	0.12

Competitive Comparison of Yunhong Guixin Group Holdings's Debt-to-Equity

For the Building Products & Equipment subindustry, Yunhong Guixin 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.

Yunhong Guixin Group Holdings's Debt-to-Equity Distribution in the Construction Industry

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

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

Yunhong Guixin Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yunhong Guixin Group Holdings'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
	=	(4.033	+	4.112)	/	67.761
	=	0.12

Yunhong Guixin Group Holdings's Debt to Equity Ratio for the quarter 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
	=	(4.033	+	4.112)	/	67.761
	=	0.12

Yunhong Guixin Group Holdings (HKSE:08349) 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.

Yunhong Guixin Group Holdings Debt-to-Equity Related Terms

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Yunhong Guixin Group Holdings (HKSE:08349) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yunhong Guixin Group Holdings Ltd (HKSE:08349) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 South Oujiang Road, Haimen ETDZ Nantong, Jiangsu, Haimen, CHN, 226100

Website

http://www.nantongrate.com

Yunhong Guixin Group Holdings Ltd is a manufacturer in the PRC engaged in the research and development, production, and sale of a variety of fiberglass reinforced plastic grating products. Its products consist of FRP grating products; phenolic grating products; and epoxy wedge strip products. The company operates into two segments: fiberglass business that involves research and development, production and sales of fiberglass reinforced plastic products in the PRC; and silica sand business consists sales of industrial silica sand materials in the PRC. Its products are widely applied in industries including petrochemical, electrical, marine engineering, plating, vessel, metallurgy, steel, papermaking, brewing, and municipal industry and are mainly used in the operating platform, and others.

Executives

Huang Xuechao	2101 Beneficial owner
Yan Qixu	2101 Beneficial owner
Li Yubao	2201 Interest of corporation controlled by you
Lf International Pte. Ltd.	2101 Beneficial owner
Wu Dong	2101 Beneficial owner
Yun Hong Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner

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