South China Financial Holdings (HKSE:00619) Debt-to-Equity : 2.08 (As of Dec. 2023)

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What is South China Financial Holdings Debt-to-Equity?

South China Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$204.11 Mil. South China Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$255.48 Mil. South China Financial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$221.46 Mil. South China Financial Holdings's debt to equity for the quarter that ended in Dec. 2023 was 2.08.

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 South China Financial Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00619' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 0.85 Max: 2.08
Current: 2.08

During the past 13 years, the highest Debt-to-Equity Ratio of South China Financial Holdings was 2.08. The lowest was 0.52. And the median was 0.85.

HKSE:00619's Debt-to-Equity is ranked worse than
88.37% of 602 companies
in the Capital Markets industry
Industry Median: 0.355 vs HKSE:00619: 2.08

South China Financial Holdings Debt-to-Equity Historical Data

The historical data trend for South China Financial 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.

South China Financial Holdings Debt-to-Equity Chart

South China Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

1.00

1.09

1.35

2.08

South China Financial 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															1.09	1.17	1.35	1.73	2.08

Competitive Comparison of South China Financial Holdings's Debt-to-Equity

For the Capital Markets subindustry, South China Financial 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.

South China Financial Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, South China Financial Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where South China Financial Holdings's Debt-to-Equity falls into.

South China Financial Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

South China Financial 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
	=	(204.108	+	255.483)	/	221.459
	=	2.08

South China Financial 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
	=	(204.108	+	255.483)	/	221.459
	=	2.08

South China Financial Holdings (HKSE:00619) 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.

South China Financial Holdings Debt-to-Equity Related Terms

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

South China Financial Holdings (HKSE:00619) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » South China Financial Holdings Ltd (HKSE:00619) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.sctrade.com

South China Financial Holdings Ltd is an investment holding company. Its business activities are segmented as Broking segment; Trading and investment segment; Margin financing and money lending segment; Corporate advisory and underwriting segment; Asset and wealth management segment; Property investment segment; Media publications and financial public relation services segment; Jewellery business segment; and other business segments that engage in the provision of clearing and custodian services. It generates key revenue from the Media publications and financial public relation services segment. The group generates prime revenue from Hong Kong.

Executives

Ng Yuk Yeung Paul	2101 Beneficial owner
Thousand China Investments Limited	2101 Beneficial owner
Ng Hung Sang	2201 Interest of corporation controlled by you
Ng Lai King Pamela	2202 Interest of your spouse
Total Grace Investments Limited	2101 Beneficial owner
Parkfield Holdings Limited	2101 Beneficial owner
Fung Shing Group Limited	2101 Beneficial owner

South China Financial Holdings (HKSE:00619) Headlines

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