Dingyi Group Investment (HKSE:00508) Debt-to-Equity : 0.80 (As of Sep. 2023)

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What is Dingyi Group Investment Debt-to-Equity?

Dingyi Group Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$981.7 Mil. Dingyi Group Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.0 Mil. Dingyi Group Investment's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,226.9 Mil. Dingyi Group Investment's debt to equity for the quarter that ended in Sep. 2023 was 0.80.

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 Dingyi Group Investment's Debt-to-Equity or its related term are showing as below:

HKSE:00508' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.33 Med: 0.83 Max: 1.09
Current: 0.8

During the past 13 years, the highest Debt-to-Equity Ratio of Dingyi Group Investment was 1.09. The lowest was -0.33. And the median was 0.83.

HKSE:00508's Debt-to-Equity is ranked better than
57.08% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs HKSE:00508: 0.80

Dingyi Group Investment Debt-to-Equity Historical Data

The historical data trend for Dingyi Group Investment'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.

Dingyi Group Investment Debt-to-Equity Chart

Dingyi Group Investment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.71

1.09

1.04

0.80

1.01

Dingyi Group Investment Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.80	0.80	1.02	1.01	0.80

Competitive Comparison of Dingyi Group Investment's Debt-to-Equity

For the Credit Services subindustry, Dingyi Group Investment'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.

Dingyi Group Investment's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dingyi Group Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dingyi Group Investment's Debt-to-Equity falls into.

Dingyi Group Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dingyi Group Investment's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1262.472	+	0.589)	/	1256.731
	=	1.01

Dingyi Group Investment's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(981.706	+	0)	/	1226.94
	=	0.80

Dingyi Group Investment (HKSE:00508) 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.

Dingyi Group Investment Debt-to-Equity Related Terms

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

Dingyi Group Investment (HKSE:00508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Dingyi Group Investment Ltd (HKSE:00508) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Harbour Road, Units 2703, 27th Floor, Wanchai, Convention Plaza - Office Tower, Hong Kong, HKG

Website

http://www.dingyi.hk

Dingyi Group Investment Ltd is a Hong-based company engaged in loan financing, securities trading, and property development, Its operating segments include securities trading business; loan financing business; and property development business of which it generates the majority of the revenue from the property development business.

Executives

Li Kwong Yuk	2101 Beneficial owner
Wincon Capital Investment Limited	2101 Beneficial owner
Zhong Guo Chuan Bo Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
China Shipbuilding Capital Limited	2101 Beneficial owner

Dingyi Group Investment (HKSE:00508) Headlines

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