China Environmental Energy Investment (HKSE:00986) Debt-to-Equity : 0.08 (As of Sep. 2023)

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What is China Environmental Energy Investment Debt-to-Equity?

China Environmental Energy Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$16.00 Mil. China Environmental Energy Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$10.95 Mil. China Environmental Energy Investment's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$356.84 Mil. China Environmental Energy Investment's debt to equity for the quarter that ended in Sep. 2023 was 0.08.

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 China Environmental Energy Investment's Debt-to-Equity or its related term are showing as below:

HKSE:00986' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 1.96
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of China Environmental Energy Investment was 1.96. The lowest was 0.04. And the median was 0.08.

HKSE:00986's Debt-to-Equity is ranked better than
88.62% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs HKSE:00986: 0.08

China Environmental Energy Investment Debt-to-Equity Historical Data

The historical data trend for China Environmental Energy 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.

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China Environmental Energy Investment Debt-to-Equity Chart

China Environmental Energy Investment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.06

0.07

0.08

0.06

China Environmental Energy 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															0.05	0.08	0.05	0.06	0.08

Competitive Comparison of China Environmental Energy Investment's Debt-to-Equity

For the Luxury Goods subindustry, China Environmental Energy 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.

China Environmental Energy Investment's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Environmental Energy Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Environmental Energy Investment's Debt-to-Equity falls into.

China Environmental Energy Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Environmental Energy 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
	=	(12.574	+	9.03)	/	366.564
	=	0.06

China Environmental Energy 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
	=	(15.999	+	10.949)	/	356.839
	=	0.08

China Environmental Energy Investment (HKSE:00986) 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.

China Environmental Energy Investment Debt-to-Equity Related Terms

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

China Environmental Energy Investment (HKSE:00986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Environmental Energy Investment Ltd (HKSE:00986) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

25 Harbour Road, Room 910, 9th Floor, Harbour Centre, Wanchai, Hong Kong, HKG

Website

http://www.986.com.hk

China Environmental Energy Investment Ltd is an investment holding company engaged in the purchase and sale of gold and diamond. The group's segments are Design, Original Equipment Manufacturing (OEM) and Marketing of Jewelry; and Money Lending. Design, OEM and Marketing of Jewelry segment generates maximum revenue and includes design of jewelry, OEM and sales and marketing of jewelry. The group has a business presence in Hong Kong, PRC and other countries.

Executives

Guo Sha	2101 Beneficial owner
Dong Qian	2101 Beneficial owner

China Environmental Energy Investment (HKSE:00986) Headlines

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