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Dongguan Development (Holdings) Co (SZSE:000828) Debt-to-Equity : 1.05 (As of Mar. 2024)


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What is Dongguan Development (Holdings) Co Debt-to-Equity?

Dongguan Development (Holdings) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,489 Mil. Dongguan Development (Holdings) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,719 Mil. Dongguan Development (Holdings) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥9,718 Mil. Dongguan Development (Holdings) Co's debt to equity for the quarter that ended in Mar. 2024 was 1.05.

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 Dongguan Development (Holdings) Co's Debt-to-Equity or its related term are showing as below:

SZSE:000828' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.45   Max: 1.05
Current: 1.05

During the past 13 years, the highest Debt-to-Equity Ratio of Dongguan Development (Holdings) Co was 1.05. The lowest was 0.18. And the median was 0.45.

SZSE:000828's Debt-to-Equity is ranked worse than
77.59% of 1517 companies
in the Construction industry
Industry Median: 0.44 vs SZSE:000828: 1.05

Dongguan Development (Holdings) Co Debt-to-Equity Historical Data

The historical data trend for Dongguan Development (Holdings) Co'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.

Dongguan Development (Holdings) Co Debt-to-Equity Chart

Dongguan Development (Holdings) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.42 0.46 0.90 0.78

Dongguan Development (Holdings) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.99 0.97 0.78 1.05

Competitive Comparison of Dongguan Development (Holdings) Co's Debt-to-Equity

For the Infrastructure Operations subindustry, Dongguan Development (Holdings) Co'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.


Dongguan Development (Holdings) Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dongguan Development (Holdings) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dongguan Development (Holdings) Co's Debt-to-Equity falls into.



Dongguan Development (Holdings) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dongguan Development (Holdings) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dongguan Development (Holdings) Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Dongguan Development (Holdings) Co  (SZSE:000828) 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.


Dongguan Development (Holdings) Co Debt-to-Equity Related Terms

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Dongguan Development (Holdings) Co (SZSE:000828) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Guanzhang Road, Dongcheng District, Dongguan, Guangdong, CHN, 523110
Dongguan Development (Holdings) Co Ltd operates as a highway operator in China.
Executives
Wang Qing Ming Directors, executives
Huang Yong Executives
Yin Zhi Peng Supervisors
Guo Xu Dong Supervisors
Yin Jin Rong Director
Zhao Hong Jian Executives
Lin Bo Director
Liu Qi Lan Supervisors

Dongguan Development (Holdings) Co (SZSE:000828) Headlines

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