Henan Yuneng Hodings Co (SZSE:001896) Debt-to-Equity : 6.93 (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Henan Yuneng Hodings Co Debt-to-Equity?

Henan Yuneng Hodings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8,914 Mil. Henan Yuneng Hodings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥13,487 Mil. Henan Yuneng Hodings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,232 Mil. Henan Yuneng Hodings Co's debt to equity for the quarter that ended in Mar. 2024 was 6.93.

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 Henan Yuneng Hodings Co's Debt-to-Equity or its related term are showing as below:

SZSE:001896' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.43 Med: 1.75 Max: 6.93
Current: 6.93

During the past 13 years, the highest Debt-to-Equity Ratio of Henan Yuneng Hodings Co was 6.93. The lowest was 1.43. And the median was 1.75.

SZSE:001896's Debt-to-Equity is ranked worse than
97.52% of 484 companies
in the Utilities - Regulated industry
Industry Median: 0.86 vs SZSE:001896: 6.93

Henan Yuneng Hodings Co Debt-to-Equity Historical Data

The historical data trend for Henan Yuneng Hodings 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.

Henan Yuneng Hodings Co Debt-to-Equity Chart

Henan Yuneng Hodings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.71

1.86

2.91

5.01

6.81

Henan Yuneng Hodings 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															5.87	6.25	6.28	6.81	6.93

Competitive Comparison of Henan Yuneng Hodings Co's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Henan Yuneng Hodings 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.

Henan Yuneng Hodings Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Henan Yuneng Hodings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Henan Yuneng Hodings Co's Debt-to-Equity falls into.

Henan Yuneng Hodings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Henan Yuneng Hodings 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
	=	(8285.489	+	13599.867)	/	3211.7
	=	6.81

Henan Yuneng Hodings 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
	=	(8913.939	+	13487.256)	/	3231.597
	=	6.93

Henan Yuneng Hodings Co (SZSE:001896) 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.

Henan Yuneng Hodings Co Debt-to-Equity Related Terms

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

Henan Yuneng Hodings Co (SZSE:001896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Henan Yuneng Hodings Co Ltd (SZSE:001896) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Hehuan Street, New and High-Technology Development Zone, Zhengzhou, Henan, CHN, 450001

Website

http://www.yuneng.com.cn

Henan Yuneng Hodings Co Ltd is a China-based company engaged in the development, generation and distribution of electricity. The company's main business is investment management of energy projects based on power production, high tech development, promotion and service, power materials, power environmental protection, and energy saving technology transformation.

Executives

Liu Bian Sheng	Independent director
Li Ge	Executives
Shi Xin Feng	Supervisors
Li Su An	Director
Cheng Dong Mei	Director
Lv Ji Zeng	Supervisors

Henan Yuneng Hodings Co (SZSE:001896) Headlines

No Headlines