China Resources Building Materials Technology Holdings (STU:C44) Debt-to-Equity : 0.39 (As of Jun. 2024)

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What is China Resources Building Materials Technology Holdings Debt-to-Equity?

China Resources Building Materials Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €707 Mil. China Resources Building Materials Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1,522 Mil. China Resources Building Materials Technology Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €5,661 Mil. China Resources Building Materials Technology Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.39.

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 Resources Building Materials Technology Holdings's Debt-to-Equity or its related term are showing as below:

STU:C44' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.39 Max: 0.76
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of China Resources Building Materials Technology Holdings was 0.76. The lowest was 0.14. And the median was 0.39.

STU:C44's Debt-to-Equity is ranked worse than
52.23% of 358 companies
in the Building Materials industry
Industry Median: 0.37 vs STU:C44: 0.39

China Resources Building Materials Technology Holdings Debt-to-Equity Historical Data

The historical data trend for China Resources Building Materials Technology Holdings'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.

China Resources Building Materials Technology Holdings Debt-to-Equity Chart

China Resources Building Materials Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.19

0.14

0.19

0.34

0.38

China Resources Building Materials Technology Holdings Quarterly Data
	Dec16	Jun17	Sep17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.38	N/A	0.39	N/A

Competitive Comparison of China Resources Building Materials Technology Holdings's Debt-to-Equity

For the Building Materials subindustry, China Resources Building Materials Technology Holdings'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 Resources Building Materials Technology Holdings's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Resources Building Materials Technology Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Resources Building Materials Technology Holdings's Debt-to-Equity falls into.

China Resources Building Materials Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Resources Building Materials Technology Holdings'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
	=	(329.846	+	1798.656)	/	5664.752
	=	0.38

China Resources Building Materials Technology Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(707.002	+	1522.031)	/	5661.354
	=	0.39

China Resources Building Materials Technology Holdings (STU:C44) 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 Resources Building Materials Technology Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Resources Building Materials Technology Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Building Materials Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Resources Building Materials Technology Holdings Ltd (STU:C44) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CJRCF:USA CARCY:USA 01313:Hong Kong C44:Germany

Address

26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcement.com

China Resources Building Materials, or CRBM, mainly engages in the production and sale of cement, clinker, and concrete in Southern China. The company was established in 2003, with parent company China Resources Group holding 68% of its total equity stake. While cement and clinker products have been the largest contributors to CRBM's earnings historically, the firm has actively forayed into related sectors such as aggregates and engineered stones in recent years. Its major customers include real estate and infrastructure builders in provinces such as Guangdong, Guangxi, and Fujian.

China Resources Building Materials Technology Holdings Headlines

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