GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Huafang Co Ltd (SHSE:600448) » Definitions » Debt-to-Equity

Huafang Co (SHSE:600448) Debt-to-Equity : 1.09 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Huafang Co Debt-to-Equity?

Huafang Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,193 Mil. Huafang Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥179 Mil. Huafang Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,254 Mil. Huafang Co's debt to equity for the quarter that ended in Mar. 2024 was 1.09.

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

SHSE:600448' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68   Med: 0.96   Max: 1.31
Current: 1.09

During the past 13 years, the highest Debt-to-Equity Ratio of Huafang Co was 1.31. The lowest was 0.68. And the median was 0.96.

SHSE:600448's Debt-to-Equity is ranked worse than
76.78% of 939 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs SHSE:600448: 1.09

Huafang Co Debt-to-Equity Historical Data

The historical data trend for Huafang 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.

Huafang Co Debt-to-Equity Chart

Huafang Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.86 0.97 1.20 1.09

Huafang Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.17 1.15 1.13 1.09 1.09

Competitive Comparison of Huafang Co's Debt-to-Equity

For the Textile Manufacturing subindustry, Huafang 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.


Huafang Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Huafang Co's Debt-to-Equity distribution charts can be found below:

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



Huafang Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huafang Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Huafang Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Huafang Co  (SHSE:600448) 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.


Huafang Co Debt-to-Equity Related Terms

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


Huafang Co (SHSE:600448) Business Description

Traded in Other Exchanges
N/A
Address
No. 819 Huanghe 2nd Road, Shandong Province, Binzhou, CHN, 256617
Huafang Co Ltd is engaged in the production, distribution and export of fabrics, printed fabrics, textile fabrics, bedding, and dresses. The company provides textile products, fabric series, cloth series, bedding series, clothing line & among others.
Executives
Zhao Yu Zhong Director
Yan Ying Shan Director
Sheng Shou Xiang senior management
Wang Guo Dong Supervisors
Ju Li Yan senior management
Liu Shui Chao Director
Wang Li Min Director
Liu Lian Fei Supervisors
Chen Bao Jun Director
Li Feng Ming senior management
Bao Fang Ming Director
Luo Wei Xin senior management
Qin Hong Zhang Supervisors

Huafang Co (SHSE:600448) Headlines

No Headlines