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Ling Yui Holdings (HKSE:00784) Degree of Financial Leverage : 0.97 (As of Sep. 2024)


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What is Ling Yui Holdings Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Ling Yui Holdings's Degree of Financial Leverage for the quarter that ended in Sep. 2024 was 0.97. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Ling Yui Holdings's Degree of Financial Leverage or its related term are showing as below:

HKSE:00784's Degree of Financial Leverage is ranked better than
54.47% of 1645 companies
in the Construction industry
Industry Median: 1 vs HKSE:00784: 0.97

Ling Yui Holdings Degree of Financial Leverage Historical Data

The historical data trend for Ling Yui Holdings's Degree of Financial Leverage 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.

Ling Yui Holdings Degree of Financial Leverage Chart

Ling Yui Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Degree of Financial Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 8.33 -4.40 1.71 0.95

Ling Yui Holdings Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Degree of Financial Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.95 1.71 1.90 0.95 0.97

Competitive Comparison of Ling Yui Holdings's Degree of Financial Leverage

For the Engineering & Construction subindustry, Ling Yui Holdings's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage 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.


Ling Yui Holdings's Degree of Financial Leverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ling Yui Holdings's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Ling Yui Holdings's Degree of Financial Leverage falls into.


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Ling Yui Holdings Degree of Financial Leverage Calculation

Ling Yui Holdings's Degree of Financial Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0.005 (Sep. 2024) / -0.041 (Sep. 2023) - 1 )/( 5.396 (Sep. 2024) / -33.444 (Sep. 2023) - 1 )
=-1.122/-1.1613
=0.97***

* 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.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Ling Yui Holdings  (HKSE:00784) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


Ling Yui Holdings Degree of Financial Leverage Related Terms

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Ling Yui Holdings Business Description

Traded in Other Exchanges
N/A
Address
698 Prince Edward Road East, Unit 1702-03, 17th Floor, Stelux House, San Po Kong, Kowloon, Hong Kong, HKG
Ling Yui Holdings Ltd is an investment holding company. The company is engaged in the provision of foundation engineering services in Hong Kong. Geographically, the company operates and derives revenue from Hong Kong. The company offers a range of foundation works including driven h-pile, pre-bored socket h-pile, mini-piles, large-scale excavation, and lateral support works.
Executives
Reach Goal Development Limited 2101 Beneficial owner
Ling Chi Fai 2201 Interest of corporation controlled by you
Simple Joy Investments Limited 2101 Beneficial owner
Lee Kim Ming 2201 Interest of corporation controlled by you
Yeung Yuen Man 2202 Interest of your spouse
Simply Marvel Limited 2101 Beneficial owner
Chan Siu Hung 2201 Interest of corporation controlled by you
Fu Jingyan 2202 Interest of your spouse

Ling Yui Holdings Headlines

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