SY Holdings Group (HKSE:06069) Debt-to-Equity : 1.83 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is SY Holdings Group Debt-to-Equity?

SY Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6,173 Mil. SY Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,705 Mil. SY Holdings Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$4,295 Mil. SY Holdings Group's debt to equity for the quarter that ended in Dec. 2023 was 1.83.

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

HKSE:06069' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.83 Max: 1.83
Current: 1.83

During the past 9 years, the highest Debt-to-Equity Ratio of SY Holdings Group was 1.83. The lowest was 0.06. And the median was 0.83.

HKSE:06069's Debt-to-Equity is ranked worse than
60.79% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs HKSE:06069: 1.83

SY Holdings Group Debt-to-Equity Historical Data

The historical data trend for SY Holdings 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.

* Premium members only.

SY Holdings Group Debt-to-Equity Chart

SY Holdings Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.83

0.52

1.16

1.69

1.83

SY Holdings Group Semi-Annual Data
	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												1.16	1.25	1.69	1.72	1.83

Competitive Comparison of SY Holdings Group's Debt-to-Equity

For the Credit Services subindustry, SY Holdings 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.

SY Holdings Group's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SY Holdings Group's Debt-to-Equity distribution charts can be found below:

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

SY Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SY Holdings 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
	=	(6172.943	+	1705.445)	/	4294.795
	=	1.83

SY Holdings 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
	=	(6172.943	+	1705.445)	/	4294.795
	=	1.83

SY Holdings Group (HKSE:06069) 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.

SY Holdings Group Debt-to-Equity Related Terms

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

SY Holdings Group (HKSE:06069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SY Holdings Group Ltd (HKSE:06069) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1 Zhong Xin Number 4 Road, 10/F and 18/F, Kerry Plaza Tower 2, Futian District, Shenzhen, CHN, 518048

Website

https://www.syholdings.com

SY Holdings Group Ltd, formerly Sheng Ye Capital Ltd is a financial services provider, that offers accounts receivable financing and other related solutions in the People's Republic of China. The company also provides factoring and credit assessment services. It earns its revenue from the provision of factoring services, guarantee services, information technology services, consulting services, and other services to customers in the People's Republic of China.

Executives

Tung Chi Fung	2307 Founder of a discretionary trust who can infl
Eander Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Wisdom Cosmos Limited	2101 Beneficial owner
Xitong International Holdings (hk) Limited	2101 Beneficial owner
Wu Xi Shi Jiao Tong Chan Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

SY Holdings Group (HKSE:06069) Headlines

No Headlines