ZX (HKSE:09890) Debt-to-Equity : 1.41 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is ZX Debt-to-Equity?

ZX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,347 Mil. ZX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$168 Mil. ZX's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,501 Mil. ZX's debt to equity for the quarter that ended in Dec. 2023 was 1.41.

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 ZX's Debt-to-Equity or its related term are showing as below:

HKSE:09890' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.41 Med: 2.99 Max: 3.7
Current: 1.41

During the past 4 years, the highest Debt-to-Equity Ratio of ZX was 3.70. The lowest was 1.41. And the median was 2.99.

HKSE:09890's Debt-to-Equity is ranked worse than
91.85% of 417 companies
in the Interactive Media industry
Industry Median: 0.16 vs HKSE:09890: 1.41

ZX Debt-to-Equity Historical Data

The historical data trend for ZX'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.

ZX Debt-to-Equity Chart

ZX Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.82

3.16

3.70

1.41

ZX Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	2.82	3.16	3.70	1.41

Competitive Comparison of ZX's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, ZX'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.

ZX's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ZX's Debt-to-Equity distribution charts can be found below:

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

ZX Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ZX'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
	=	(3346.865	+	167.543)	/	2500.952
	=	1.41

ZX'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
	=	(3346.865	+	167.543)	/	2500.952
	=	1.41

ZX (HKSE:09890) 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.

ZX Debt-to-Equity Related Terms

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

ZX (HKSE:09890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZX Inc (HKSE:09890) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Olympic Stadium South Road, Tanwan Game Building, Building B, Synaesthesia Thinking Industrial Park, Tianhe, Guangdong, Guangzhou, CHN

Website

https://www.zx.com

ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of 11 game products for more than five years and 28 game products for more than three years.

Executives

Wu Xubo	2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd.	2301 Trustee
Wxland Holding Limited	2201 Interest of corporation controlled by you
Wxland International Ltd	2101 Beneficial owner
Wxland Limited	2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited	2301 Trustee
Wu Xuan	2307 Founder of a discretionary trust who can infl
Wxzela International Ltd	2101 Beneficial owner
Zela Holding Limited	2201 Interest of corporation controlled by you
Chen Yang	2201 Interest of corporation controlled by you
Wxworld Holding Limited	2101 Beneficial owner

ZX (HKSE:09890) Headlines

No Headlines