New Concepts Holdings (HKSE:02221) Debt-to-Equity : 0.49 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is New Concepts Holdings Debt-to-Equity?

New Concepts Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$80.3 Mil. New Concepts Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$108.8 Mil. New Concepts Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$384.3 Mil. New Concepts Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.49.

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

HKSE:02221' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.75 Max: 5.83
Current: 0.49

During the past 10 years, the highest Debt-to-Equity Ratio of New Concepts Holdings was 5.83. The lowest was 0.12. And the median was 0.75.

HKSE:02221's Debt-to-Equity is ranked worse than
53.13% of 1517 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:02221: 0.49

New Concepts Holdings Debt-to-Equity Historical Data

The historical data trend for New Concepts 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.

New Concepts Holdings Debt-to-Equity Chart

New Concepts Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

1.83

5.83

3.62

0.42

0.57

New Concepts Holdings 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															1.68	0.42	1.04	0.57	0.49

Competitive Comparison of New Concepts Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, New Concepts 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.

New Concepts Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, New Concepts Holdings's Debt-to-Equity distribution charts can be found below:

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

New Concepts Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

New Concepts Holdings'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
	=	(72.967	+	130.008)	/	359.377
	=	0.56

New Concepts 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
	=	(80.332	+	108.825)	/	384.254
	=	0.49

New Concepts Holdings (HKSE:02221) 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.

New Concepts Holdings Debt-to-Equity Related Terms

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

New Concepts Holdings (HKSE:02221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » New Concepts Holdings Ltd (HKSE:02221) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Wang Chiu Road, Kingston International Centre, Office B, 3rd Floor, Kowloon Bay, Hong Kong, HKG

Website

http://www.primeworld-china.com

New Concepts Holdings Ltd is an investment holding company. The company's operating segment includes Construction works and Environmental protection services. It generates maximum revenue from the Construction works segment. The Construction work segment is engaged in the provision of foundation works, civil engineering works, and general building works in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Mainland China.

Executives

Yuan Heng Qi Ye Guan Li Shen Zhen Ji Tuan You Xian Gong Si
Zhu Yongjun
Yuan Heng Group International Co., Limited
Lin Jiakuang
Final Destination Limited	2201 Interest of corporation controlled by you
Ding Yi Feng Holdings Group International Limited	2201 Interest of corporation controlled by you
Hong Kong Toprich Investment Limited	2101 Beneficial owner
Flying Goddess Limited	2201 Interest of corporation controlled by you
Eternity Sky Limited	2201 Interest of corporation controlled by you
Prosper Power Group Limited
Chu Shu Cheong
Jumbo Grand Enterprise Development Limited
China Investment Fund Company Limited	2201 Interest of corporation controlled by you
Flying Goddess Limited	2201 Interest of corporation controlled by you
Hong Kong Toprich Investment Limited	2101 Beneficial owner

New Concepts Holdings (HKSE:02221) Headlines

No Headlines