China Kings Resources Group Co (SHSE:603505) Debt-to-Equity : 1.77 (As of Mar. 2025)

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What is China Kings Resources Group Co Debt-to-Equity?

China Kings Resources Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1,275 Mil. China Kings Resources Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1,670 Mil. China Kings Resources Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥1,663 Mil. China Kings Resources Group Co's debt to equity for the quarter that ended in Mar. 2025 was 1.77.

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 China Kings Resources Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:603505' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.55 Max: 1.77
Current: 1.77

During the past 13 years, the highest Debt-to-Equity Ratio of China Kings Resources Group Co was 1.77. The lowest was 0.31. And the median was 0.55.

SHSE:603505's Debt-to-Equity is ranked worse than
94.35% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs SHSE:603505: 1.77

China Kings Resources Group Co Debt-to-Equity Historical Data

The historical data trend for China Kings Resources Group 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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China Kings Resources Group Co Debt-to-Equity Chart

China Kings Resources Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.50

0.37

0.73

1.15

1.71

China Kings Resources Group 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															1.24	1.52	1.59	1.71	1.77

Competitive Comparison of China Kings Resources Group Co's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, China Kings Resources Group 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.

China Kings Resources Group Co's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Kings Resources Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Kings Resources Group Co's Debt-to-Equity falls into.

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China Kings Resources Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Kings Resources Group 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
	=	(1413.187	+	1321.969)	/	1595.636
	=	1.71

China Kings Resources Group 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
	=	(1275.043	+	1669.818)	/	1662.892
	=	1.77

China Kings Resources Group Co (SHSE:603505) 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.

China Kings Resources Group Co Debt-to-Equity Related Terms

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China Kings Resources Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Kings Resources Group Co Ltd (SHSE:603505) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 8 Qiushi Road, Room 2301, South Building, Gongyuan Building, Anno Domini Mansion, Zhejiang Province, Hangzhou, CHN, 310013

Website

http://www.chinesekings.com

China Kings Resources Group Co Ltd is a Chinese company involved in the production and trade of fluorite products. It offers acid grade fluorite fine powder, metallurgical grade fluorite fine powder, high-grade fluorite lump ore and common fluorite ore.

Executives

Su Bao Gang	senior management
Cheng Hui Fang	Director
Wang Jin Hua	Director
Ying Li Ming	Director
Dai Shui Jun	senior management
Zhao Jian Ping	Director
Xu Chun Bo	senior management
Yang Jin	senior management
Wang Zhong Yan	Supervisors
Wu Ling Yi	senior management
Song Ying	Director
Wang Cheng Liang	Director
Hu Xiang Ming	senior management
Wang Fu Liang	Director
Shen Le Ping	Director

China Kings Resources Group Co Headlines

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