Nanjing Sinolife United Co (HKSE:03332) Debt-to-Equity : 0.09 (As of Dec. 2023)

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

What is Nanjing Sinolife United Co Debt-to-Equity?

Nanjing Sinolife United Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.5 Mil. Nanjing Sinolife United Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$33.9 Mil. Nanjing Sinolife United Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$413.5 Mil. Nanjing Sinolife United Co's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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 Nanjing Sinolife United Co's Debt-to-Equity or its related term are showing as below:

HKSE:03332' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.11
Current: 0.09

During the past 12 years, the highest Debt-to-Equity Ratio of Nanjing Sinolife United Co was 0.11. The lowest was 0.03. And the median was 0.09.

HKSE:03332's Debt-to-Equity is ranked better than
81.72% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs HKSE:03332: 0.09

Nanjing Sinolife United Co Debt-to-Equity Historical Data

The historical data trend for Nanjing Sinolife United 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.

Nanjing Sinolife United Co Debt-to-Equity Chart

Nanjing Sinolife United Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.04

0.03

0.11

0.09

Nanjing Sinolife United Co 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															0.03	0.02	0.11	0.10	0.09

Competitive Comparison of Nanjing Sinolife United Co's Debt-to-Equity

For the Household & Personal Products subindustry, Nanjing Sinolife United 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.

Nanjing Sinolife United Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nanjing Sinolife United Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nanjing Sinolife United Co's Debt-to-Equity falls into.

Nanjing Sinolife United Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nanjing Sinolife United Co'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
	=	(4.532	+	33.929)	/	413.524
	=	0.09

Nanjing Sinolife United Co'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
	=	(4.532	+	33.929)	/	413.524
	=	0.09

Nanjing Sinolife United Co (HKSE:03332) 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.

Nanjing Sinolife United Co Debt-to-Equity Related Terms

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

Nanjing Sinolife United Co (HKSE:03332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nanjing Sinolife United Co Ltd (HKSE:03332) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

188 Chang Jiang Road, 8th Floor, Deji Building, Block E-2, Xuanwu District, Jiangsu Province, Nanjing, CHN

Website

http://www.zs-united.com

Nanjing Sinolife United Co Ltd is a China-based company, that engages in the manufacturing and sale of nutritional supplements and packaged health food products in the PRC, Australia, and New Zealand. It is also involved in the sale of packaged health food products and the sale of cosmetics and skin care products. The company's products include Good Health, Zhongsheng, Hejian, and Cobayer. The group has a business presence in the PRC, New Zealand, Australia, Vietnam, and other countries, from which it derives a majority of its revenue from China.

Nanjing Sinolife United Co (HKSE:03332) Headlines

No Headlines