Sinohope Technology Holdings (HKSE:01611) Debt-to-Equity : 2.26 (As of Sep. 2023)

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What is Sinohope Technology Holdings Debt-to-Equity?

Sinohope Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$359 Mil. Sinohope Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$108 Mil. Sinohope Technology Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$206 Mil. Sinohope Technology Holdings's debt to equity for the quarter that ended in Sep. 2023 was 2.26.

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 Sinohope Technology Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01611' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 1.27 Max: 4.37
Current: 2.26

During the past 11 years, the highest Debt-to-Equity Ratio of Sinohope Technology Holdings was 4.37. The lowest was 0.33. And the median was 1.27.

HKSE:01611's Debt-to-Equity is ranked worse than
94.77% of 2216 companies
in the Software industry
Industry Median: 0.21 vs HKSE:01611: 2.26

Sinohope Technology Holdings Debt-to-Equity Historical Data

The historical data trend for Sinohope Technology 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.

Sinohope Technology Holdings Debt-to-Equity Chart

Sinohope Technology Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

3.21

2.77

1.25

4.37

2.26

Sinohope Technology Holdings Semi-Annual Data
	Sep13	Sep14	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														1.25	2.46	4.37	-5.47	2.26

Competitive Comparison of Sinohope Technology Holdings's Debt-to-Equity

For the Software - Infrastructure subindustry, Sinohope Technology 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.

Sinohope Technology Holdings's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Sinohope Technology Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sinohope Technology Holdings's Debt-to-Equity falls into.

Sinohope Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sinohope Technology Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(359.107	+	108.098)	/	206.35
	=	2.26

Sinohope Technology Holdings'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
	=	(359.107	+	108.098)	/	206.35
	=	2.26

Sinohope Technology Holdings (HKSE:01611) 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.

Sinohope Technology Holdings Debt-to-Equity Related Terms

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

Sinohope Technology Holdings (HKSE:01611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sinohope Technology Holdings Ltd (HKSE:01611) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Queen's Road Central, 6th Floor, 7th Floor, Unit 702-3, Central, Hong Kong, HKG

Website

https://www.sinohope.com

Sinohope Technology Holdings Ltd Formerly New Huo Technology Holdings Ltd is a digital asset and blockchain specialist company. The Company is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a variety of services in virtual asset ecosystem, such as asset management, trust and custodian business, cryptocurrency trading, and contract manufacturing, on electronic manufacturing services basis, of a wide range of power-related and electrical/electronic products. The company operates in three reportable segments; Virtual asset ecosystem; Provision of technology solution services and Contract manufacturing. The majority of revenue is derived from the Virtual asset ecosystem Segment.

Executives

Avenir Holdings Limited	2101 Beneficial owner
Avenir Investment Limited	2101 Beneficial owner
Shen Nan Peng	2201 Interest of corporation controlled by you
Snp China Enterprises Limited	2201 Interest of corporation controlled by you
Hsg Venture Iv Management, L.p.	2201 Interest of corporation controlled by you
Hsg Cv Iv Senior Holdco, Ltd.	2201 Interest of corporation controlled by you
Hsg Cv Iv Holdco, Ltd.	2101 Beneficial owner
Hongshan Capital Venture Fund Iv, L.p.	2201 Interest of corporation controlled by you
Hsg Holding Limited	2201 Interest of corporation controlled by you
Avenir Capital Inc.	2101 Beneficial owner
Li Lin	2201 Interest of corporation controlled by you
Du Jun	2101 Beneficial owner
Avenir Cayman Holding Limited	2101 Beneficial owner
On Chain Technology Limited	2101 Beneficial owner
Zhong Gengfa	2101 Beneficial owner

Sinohope Technology Holdings (HKSE:01611) Headlines

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