Anhui Xinli Finance Co (SHSE:600318) Debt-to-Equity : 1.36 (As of Sep. 2024)

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What is Anhui Xinli Finance Co Debt-to-Equity?

Anhui Xinli Finance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,064.9 Mil. Anhui Xinli Finance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥395.5 Mil. Anhui Xinli Finance Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,073.9 Mil. Anhui Xinli Finance Co's debt to equity for the quarter that ended in Sep. 2024 was 1.36.

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 Anhui Xinli Finance Co's Debt-to-Equity or its related term are showing as below:

SHSE:600318' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 1.54 Max: 3.65
Current: 1.36

During the past 13 years, the highest Debt-to-Equity Ratio of Anhui Xinli Finance Co was 3.65. The lowest was 0.43. And the median was 1.54.

SHSE:600318's Debt-to-Equity is ranked worse than
90.97% of 974 companies
in the Asset Management industry
Industry Median: 0.2 vs SHSE:600318: 1.36

Anhui Xinli Finance Co Debt-to-Equity Historical Data

The historical data trend for Anhui Xinli Finance Co'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.

Anhui Xinli Finance Co Debt-to-Equity Chart

Anhui Xinli Finance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.54

1.50

1.31

1.36

1.27

Anhui Xinli Finance Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.36	1.27	1.36	1.33	1.36

Competitive Comparison of Anhui Xinli Finance Co's Debt-to-Equity

For the Asset Management subindustry, Anhui Xinli Finance Co'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.

Anhui Xinli Finance Co's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anhui Xinli Finance Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Anhui Xinli Finance Co's Debt-to-Equity falls into.

Anhui Xinli Finance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anhui Xinli Finance Co'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
	=	(911.845	+	410.891)	/	1039.761
	=	1.27

Anhui Xinli Finance Co'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
	=	(1064.923	+	395.498)	/	1073.902
	=	1.36

Anhui Xinli Finance Co (SHSE:600318) 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.

Anhui Xinli Finance Co Debt-to-Equity Related Terms

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

Anhui Xinli Finance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Anhui Xinli Finance Co Ltd (SHSE:600318) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 269 Changjiang West Road, Chaohu, Anhui, CHN, 238001

Website

http://www.xinlitouzi.cn

Anhui Xinli Finance Co Ltd is focused on financial equity investment and asset management. The Group is positioned as a comprehensive financial enterprise featuring rural financial services and Internet finance. It has developed into a financial holding group that covers financial security, small loans, pawn shops, financial leasing, Internet finance (P2P), fund management, asset management and other seven financial institutions. Geographically operates the business through the region of China.

Executives

Dong Fei	Supervisors
Hong Zhi Cheng	senior management
Sun Fu Lai	senior management
Liu Yang	senior management
Zhang Yue	Supervisors
Xu Sheng Ming	Director
Qian Yuan Wen	Supervisors
Meng Qing Li	senior management
Zhong Gang	senior management
Xu Li Xin	Director

Anhui Xinli Finance Co Headlines

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