Century Sunshine Group Holdings (HKSE:00509) Debt-to-Equity : 1.88 (As of Dec. 2023)

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What is Century Sunshine Group Holdings Debt-to-Equity?

Century Sunshine Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$770.3 Mil. Century Sunshine Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$940.6 Mil. Century Sunshine Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$912.2 Mil. Century Sunshine Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.88.

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 Century Sunshine Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00509' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.6 Max: 1.88
Current: 1.88

During the past 13 years, the highest Debt-to-Equity Ratio of Century Sunshine Group Holdings was 1.88. The lowest was 0.40. And the median was 0.60.

HKSE:00509's Debt-to-Equity is ranked worse than
94.98% of 219 companies
in the Agriculture industry
Industry Median: 0.35 vs HKSE:00509: 1.88

Century Sunshine Group Holdings Debt-to-Equity Historical Data

The historical data trend for Century Sunshine Group 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.

Century Sunshine Group Holdings Debt-to-Equity Chart

Century Sunshine Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.57

0.64

0.92

1.42

1.88

Century Sunshine Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.92	1.12	1.42	1.77	1.88

Competitive Comparison of Century Sunshine Group Holdings's Debt-to-Equity

For the Agricultural Inputs subindustry, Century Sunshine Group 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.

Century Sunshine Group Holdings's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Century Sunshine Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Century Sunshine Group Holdings's Debt-to-Equity falls into.

Century Sunshine Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Century Sunshine Group 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
	=	(770.257	+	940.636)	/	912.244
	=	1.88

Century Sunshine Group Holdings's Debt to Equity Ratio for the quarter 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
	=	(770.257	+	940.636)	/	912.244
	=	1.88

Century Sunshine Group Holdings (HKSE:00509) 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.

Century Sunshine Group Holdings Debt-to-Equity Related Terms

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Century Sunshine Group Holdings (HKSE:00509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Century Sunshine Group Holdings Ltd (HKSE:00509) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16th Floor, Tower 5, The Gateway, Tsim Sha Tsui, Kowloon, Harbour City, HKG

Website

https://www.centurysunshine.com.hk

Century Sunshine Group Holdings Ltd is an investment holding company. The company along with its subsidiaries is engaged in the magnesium products business, fertilizer business, and metallurgical flux business. The magnesium Product segment is engaged in the manufacture and sales of magnesium alloys. Metallurgical Flux segment is engaged in the sales of metallurgical flux, such as serpentine and the Fertilizer segment is engaged in the production and sales of fertilizers, including organic fertilizers and compound fertilizers. The revenue is mainly derived from China.

Century Sunshine Group Holdings (HKSE:00509) Headlines

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