Orient Securities Co (SHSE:600958) Debt-to-Equity : 0.95 (As of Mar. 2024)

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What is Orient Securities Co Debt-to-Equity?

Orient Securities Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Orient Securities Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥76,044 Mil. Orient Securities Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥80,113 Mil. Orient Securities Co's debt to equity for the quarter that ended in Mar. 2024 was 0.95.

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

SHSE:600958' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71 Med: 1.49 Max: 2.15
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Orient Securities Co was 2.15. The lowest was 0.71. And the median was 1.49.

SHSE:600958's Debt-to-Equity is ranked worse than
72.83% of 611 companies
in the Capital Markets industry
Industry Median: 0.37 vs SHSE:600958: 0.95

Orient Securities Co Debt-to-Equity Historical Data

The historical data trend for Orient Securities 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.

Orient Securities Co Debt-to-Equity Chart

Orient Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.69

1.49

1.32

0.97

1.15

Orient Securities 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															1.02	1.12	0.98	1.15	0.95

Competitive Comparison of Orient Securities Co's Debt-to-Equity

For the Capital Markets subindustry, Orient Securities 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.

Orient Securities Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Orient Securities Co's Debt-to-Equity distribution charts can be found below:

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

Orient Securities Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orient Securities 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
	=	(0	+	90873.103)	/	78745.532
	=	1.15

Orient Securities Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0	+	76044.241)	/	80113.401
	=	0.95

Orient Securities Co (SHSE:600958) 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.

Orient Securities Co Debt-to-Equity Related Terms

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

Orient Securities Co (SHSE:600958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Orient Securities Co Ltd (SHSE:600958) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

03958:Hong Kong

Address

No. 119 South Zhongshan Road, Orient Securities Building, Huangpu District, Shanghai, CHN, 200010

Website

https://www.dfzq.com.cn

Orient Securities Co Ltd is engaged in sales and trading of securities including investment and trading, fixed income investment and trading, financial derivatives trading business, NEEQ market-making business, alternative investment, and securities research services. It engages in alternative investment business through Orient Securities Innovation Investment. The company's segments include Securities Sales and Trading, Investment Management, Brokerage and Securities Financing, Investment Banking, and Headquarters and Others. The majority of the revenue is earned from the Brokerage and Securities Financing segment.

Orient Securities Co (SHSE:600958) Headlines

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