China Agri-Products Exchange (HKSE:00149) Debt-to-Equity : 0.86 (As of Sep. 2023)

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What is China Agri-Products Exchange Debt-to-Equity?

China Agri-Products Exchange's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$376.0 Mil. China Agri-Products Exchange's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$990.6 Mil. China Agri-Products Exchange's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,586.9 Mil. China Agri-Products Exchange's debt to equity for the quarter that ended in Sep. 2023 was 0.86.

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 China Agri-Products Exchange's Debt-to-Equity or its related term are showing as below:

HKSE:00149' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77 Med: 1.62 Max: 3.72
Current: 0.86

During the past 13 years, the highest Debt-to-Equity Ratio of China Agri-Products Exchange was 3.72. The lowest was 0.77. And the median was 1.62.

HKSE:00149's Debt-to-Equity is ranked worse than
54.21% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs HKSE:00149: 0.86

China Agri-Products Exchange Debt-to-Equity Historical Data

The historical data trend for China Agri-Products Exchange'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.

China Agri-Products Exchange Debt-to-Equity Chart

China Agri-Products Exchange Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

Debt-to-Equity

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1.61

1.73

0.77

0.78

0.82

China Agri-Products Exchange Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.83	0.78	0.86	0.82	0.86

Competitive Comparison of China Agri-Products Exchange's Debt-to-Equity

For the Real Estate - Diversified subindustry, China Agri-Products Exchange'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.

China Agri-Products Exchange's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Agri-Products Exchange's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Agri-Products Exchange's Debt-to-Equity falls into.

China Agri-Products Exchange Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Agri-Products Exchange'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
	=	(235.609	+	1195.899)	/	1738.026
	=	0.82

China Agri-Products Exchange'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
	=	(376.023	+	990.64)	/	1586.896
	=	0.86

China Agri-Products Exchange (HKSE:00149) 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.

China Agri-Products Exchange Debt-to-Equity Related Terms

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

China Agri-Products Exchange (HKSE:00149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Agri-Products Exchange Ltd (HKSE:00149) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.cnagri-products.com

China Agri-Products Exchange Ltd is an investment holding company. The company operates through two segments namely Agricultural produce exchange market operation; and Property sales. The majority of its revenue is derived from the Agricultural produce exchange market operation segment. Geographically, it derives revenue from China.

Executives

Tang Ching Ho	2201 Interest of corporation controlled by you
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Yau Yuk Yin	2202 Interest of your spouse
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Easy One Financial Group Limited	2201 Interest of corporation controlled by you
Biomore Investments Limited	2201 Interest of corporation controlled by you
Goal Success Investments Limited	2101 Beneficial owner
Total Smart Investments Limited	2201 Interest of corporation controlled by you

China Agri-Products Exchange (HKSE:00149) Headlines

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