A8 New Media Group (HKSE:00800) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is A8 New Media Group Debt-to-Equity?

A8 New Media Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. A8 New Media Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. A8 New Media Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,707.67 Mil. A8 New Media Group's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 A8 New Media Group's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of A8 New Media Group was 0.14. The lowest was 0.03. And the median was 0.08.

HKSE:00800's Debt-to-Equity is not ranked ^*
in the Conglomerates industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

A8 New Media Group Debt-to-Equity Historical Data

The historical data trend for A8 New Media Group'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.

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A8 New Media Group Debt-to-Equity Chart

A8 New Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.03

A8 New Media Group 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															-	-	-	-	-

Competitive Comparison of A8 New Media Group's Debt-to-Equity

For the Conglomerates subindustry, A8 New Media Group'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.

A8 New Media Group's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, A8 New Media Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where A8 New Media Group's Debt-to-Equity falls into.

A8 New Media Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

A8 New Media Group'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
	=	(0	+	0)	/	1707.672
	=	0.00

A8 New Media Group'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
	=	(0	+	0)	/	1707.672
	=	0.00

A8 New Media Group (HKSE:00800) 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.

A8 New Media Group Debt-to-Equity Related Terms

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A8 New Media Group (HKSE:00800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » A8 New Media Group Ltd (HKSE:00800) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1002 Keyuan Road, 25th Floor, A8 Music Building, Hi-tech Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518054

Website

https://www.a8nmg.com

A8 New Media Group Ltd is an investment holding company. It is organized into business units based on their services and has two reportable operating segments as follows: the cultural business segment engages in the provision of music-based entertainment, film and television production and game-related services in the People's Republic of China, and the Property Investment segment invests in properties for rental and management fee income in the People's Republic of China. Majority of the revenue derives from Property Investment segment.

Executives

Liu Xiaosong	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee
Prime Century Technology Limited	2101 Beneficial owner
Ever Novel Holdings Limited	2101 Beneficial owner

A8 New Media Group (HKSE:00800) Headlines

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