Industrial Bank Co (SHSE:601166) Debt-to-Equity : 1.73 (As of Sep. 2024)

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What is Industrial Bank Co Debt-to-Equity?

Industrial Bank Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0 Mil. Industrial Bank Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,504,697 Mil. Industrial Bank Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥868,153 Mil. Industrial Bank Co's debt to equity for the quarter that ended in Sep. 2024 was 1.73.

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

SHSE:601166' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.04 Med: 1.94 Max: 2.82
Current: 1.73

During the past 13 years, the highest Debt-to-Equity Ratio of Industrial Bank Co was 2.82. The lowest was 1.04. And the median was 1.94.

SHSE:601166's Debt-to-Equity is ranked worse than
81.72% of 1450 companies
in the Banks industry
Industry Median: 0.63 vs SHSE:601166: 1.73

Industrial Bank Co Debt-to-Equity Historical Data

The historical data trend for Industrial Bank 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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Industrial Bank Co Debt-to-Equity Chart

Industrial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.02

1.83

1.91

1.94

1.74

Industrial Bank 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															1.80	1.74	1.71	1.76	1.73

Competitive Comparison of Industrial Bank Co's Debt-to-Equity

For the Banks - Regional subindustry, Industrial Bank 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.

Industrial Bank Co's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial Bank Co's Debt-to-Equity distribution charts can be found below:

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

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Industrial Bank Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Industrial Bank 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	+	1388678)	/	796224
	=	1.74

Industrial Bank 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
	=	(0	+	1504697)	/	868153
	=	1.73

Industrial Bank Co (SHSE:601166) 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.

Industrial Bank Co Debt-to-Equity Related Terms

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Industrial Bank Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial Bank Co Ltd (SHSE:601166) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 398 Jiangbin Middle Avenue, Industrial Bank Building, Taijiang District, Fujian Province, Fuzhou, CHN, 350014

Website

https://www.cib.com.cn

Industrial Bank was founded in 1988 and started as a regional bank in Fujian province. It has grown to become the second-largest joint-stock bank in China with more than CNY 10 trillion in assets as of December 2023. The bank offers a full range of commercial banking services. Its specialty is bank-bank cooperation. It also operates a proprietary "Yinyin platform" that offers complete financial service solutions to other financial institutions such as payments and settlements, wealth management, and technology output services.

Executives

Bao Luo Xi Er	Director
Lai Fu Rong	Supervisors
Li Wei Min	Directors, senior managers
Chen Jin Guang	Directors, senior managers
Jiang Yun Ming	Supervisors
Tao Yi Ping	Directors, senior managers
Lin Hua	Director
Sun Xiong Peng	senior management
Chen Xin Jian	Directors, senior managers
Lin Teng Jiao	Director
Xia Da Wei	Supervisors
Xue He Feng	senior management
Li Jian	Supervisors
Lin Zhang Yi	senior management

Industrial Bank Co Headlines

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