Shandong Homey Aquatic Development Co (SHSE:600467) Debt-to-Equity : 0.83 (As of Mar. 2025)

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What is Shandong Homey Aquatic Development Co Debt-to-Equity?

Shandong Homey Aquatic Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥2,448 Mil. Shandong Homey Aquatic Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥367 Mil. Shandong Homey Aquatic Development Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥3,413 Mil. Shandong Homey Aquatic Development Co's debt to equity for the quarter that ended in Mar. 2025 was 0.82.

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 Shandong Homey Aquatic Development Co's Debt-to-Equity or its related term are showing as below:

SHSE:600467' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.5 Max: 0.85
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of Shandong Homey Aquatic Development Co was 0.85. The lowest was 0.40. And the median was 0.50.

SHSE:600467's Debt-to-Equity is ranked worse than
73.53% of 1655 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs SHSE:600467: 0.83

Shandong Homey Aquatic Development Co Debt-to-Equity Historical Data

The historical data trend for Shandong Homey Aquatic Development 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.

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Shandong Homey Aquatic Development Co Debt-to-Equity Chart

Shandong Homey Aquatic Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.79

0.82

0.77

0.71

0.76

Shandong Homey Aquatic Development Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															0.64	0.81	0.74	0.76	0.83

Competitive Comparison of Shandong Homey Aquatic Development Co's Debt-to-Equity

For the Farm Products subindustry, Shandong Homey Aquatic Development 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.

Shandong Homey Aquatic Development Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Homey Aquatic Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shandong Homey Aquatic Development Co's Debt-to-Equity falls into.

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Shandong Homey Aquatic Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shandong Homey Aquatic Development Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(2364.511	+	227.214)	/	3407.365
	=	0.76

Shandong Homey Aquatic Development Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(2447.964	+	366.96)	/	3413.441
	=	0.82

Shandong Homey Aquatic Development Co (SHSE:600467) 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.

Shandong Homey Aquatic Development Co Debt-to-Equity Related Terms

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Shandong Homey Aquatic Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Homey Aquatic Development Co Ltd (SHSE:600467) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shazuizi, Hushan Town, Rongcheng, Shandong, CHN, 264305

Website

http://www.sdhaodangjia.com

Shandong Homey Aquatic Development Co Ltd is engaged in the aquaculture and food processing businesses in China. Its products include sea cucumber, sea bream, abalone, prawn, kelp, clam, loach and other sea treasures, all of which are medium and high-grade seafood. Its other products include frozen food, aquatic products, health tonic series, beverage series products and salted aquatic products. The company distributes its products within the domestic market and to overseas markets.

Executives

Tang Chuan Qin

Directors, senior managers

Shandong Homey Aquatic Development Co Headlines

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