Hing Yip Holdings (HKSE:00132) Debt-to-Equity : 5.42 (As of Dec. 2023)

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What is Hing Yip Holdings Debt-to-Equity?

Hing Yip Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,249.9 Mil. Hing Yip Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,065.3 Mil. Hing Yip Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$980.0 Mil. Hing Yip Holdings's debt to equity for the quarter that ended in Dec. 2023 was 5.42.

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

HKSE:00132' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 2.46 Max: 6.22
Current: 5.42

During the past 13 years, the highest Debt-to-Equity Ratio of Hing Yip Holdings was 6.22. The lowest was 0.26. And the median was 2.46.

HKSE:00132's Debt-to-Equity is ranked worse than
97.29% of 480 companies
in the Conglomerates industry
Industry Median: 0.56 vs HKSE:00132: 5.42

Hing Yip Holdings Debt-to-Equity Historical Data

The historical data trend for Hing Yip 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.

Hing Yip Holdings Debt-to-Equity Chart

Hing Yip Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.98

3.30

4.63

6.22

5.42

Hing Yip Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	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															4.63	5.46	6.22	7.47	5.42

Competitive Comparison of Hing Yip Holdings's Debt-to-Equity

For the Conglomerates subindustry, Hing Yip 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.

Hing Yip Holdings's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hing Yip Holdings's Debt-to-Equity distribution charts can be found below:

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

Hing Yip Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hing Yip Holdings'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
	=	(2249.878	+	3065.305)	/	980.032
	=	5.42

Hing Yip Holdings'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
	=	(2249.878	+	3065.305)	/	980.032
	=	5.42

Hing Yip Holdings (HKSE:00132) 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.

Hing Yip Holdings Debt-to-Equity Related Terms

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Hing Yip Holdings (HKSE:00132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hing Yip Holdings Ltd (HKSE:00132) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

62 Mody Road, Unit 501, Wing On Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://chinainvestments.tonghaiir.com

China Investments Holdings Ltd is an investment holding company. Its operating segment includes the Financial leasing business, Wellness elderly care business, Big data business, Property and industrial park investment business, and hotel business. It generates maximum revenue from the Financial leasing segment. The Financial leasing segment is engaged in the provision of finance lease consulting services and financing services in China. Its Property investments segment is engaged in holding investment properties, properties held for sale, and investment in the development and construction of the industrial park. Geographically, it derives a majority of its revenue from China.

Executives

Prize Rich Inc.	2201 Interest of corporation controlled by you
Guo Xing Zhong Ye Xiang Gang You Xian Gong Si	2101 Beneficial owner
Guang Dong Nan Hai Kong Gu Ji Tuan You Xian Gong Si Qian Cheng Guang Dong Nan Hai Kong Gu Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Dong Nan Hai Kong Gu Ji Tuan You Xian Gong Si Qian Cheng Guang Dong Nan Hai Kong Gu Tou Zi You	2201 Interest of corporation controlled by you
Guang Dong Nan Hai Kong Gu Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you

Hing Yip Holdings (HKSE:00132) Headlines

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