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Zhejiang United Investment Holdings Group (HKSE:08366) Debt-to-Equity : -0.60 (As of Oct. 2024)


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What is Zhejiang United Investment Holdings Group Debt-to-Equity?

Zhejiang United Investment Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was HK$13.7 Mil. Zhejiang United Investment Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was HK$0.0 Mil. Zhejiang United Investment Holdings Group's Total Stockholders Equity for the quarter that ended in Oct. 2024 was HK$-22.7 Mil. Zhejiang United Investment Holdings Group's debt to equity for the quarter that ended in Oct. 2024 was -0.60.

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

HKSE:08366' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.6   Med: 0   Max: 0.12
Current: -0.6

During the past 10 years, the highest Debt-to-Equity Ratio of Zhejiang United Investment Holdings Group was 0.12. The lowest was -0.60. And the median was 0.00.

HKSE:08366's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.44 vs HKSE:08366: -0.60

Zhejiang United Investment Holdings Group Debt-to-Equity Historical Data

The historical data trend for Zhejiang United Investment 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.

Zhejiang United Investment Holdings Group Debt-to-Equity Chart

Zhejiang United Investment Holdings Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.26 -0.37 -0.56

Zhejiang United Investment Holdings Group Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Apr24 Oct24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.37 N/A -0.45 -0.56 -0.60

Competitive Comparison of Zhejiang United Investment Holdings Group's Debt-to-Equity

For the Engineering & Construction subindustry, Zhejiang United Investment 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.


Zhejiang United Investment Holdings Group's Debt-to-Equity Distribution in the Construction Industry

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

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



Zhejiang United Investment Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhejiang United Investment Holdings Group's Debt to Equity Ratio for the fiscal year that ended in Apr. 2024 is calculated as

Zhejiang United Investment Holdings Group's Debt to Equity Ratio for the quarter that ended in Oct. 2024 is calculated as

* 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.


Zhejiang United Investment Holdings Group  (HKSE:08366) 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.


Zhejiang United Investment Holdings Group Debt-to-Equity Related Terms

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Zhejiang United Investment Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG
Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise the general construction of buildings.
Executives
Zhang Yan 2101 Beneficial owner
Albert Yeung Capital Holdings Limited 2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag 2301 Trustee
Emperor Capital Group Limited 2201 Interest of corporation controlled by you
Emperor Securities Limited 2101 Beneficial owner
Luk Siu Man, Semon 2202 Interest of your spouse
Yeung Sau Shing, Albert 2307 Founder of a discretionary trust who can infl
Zhang Yan 2101 Beneficial owner
United Financial Holdings Group Limited 2101 Beneficial owner
Zhou Ying 2201 Interest of corporation controlled by you
Century Investment Holdings Limited 2201 Interest of corporation controlled by you

Zhejiang United Investment Holdings Group Headlines

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