Jiumaojiu International Holdings (HKSE:09922) Debt-to-Equity : 0.70 (As of Dec. 2023)

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What is Jiumaojiu International Holdings Debt-to-Equity?

Jiumaojiu International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$689 Mil. Jiumaojiu International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,859 Mil. Jiumaojiu International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,648 Mil. Jiumaojiu International Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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

HKSE:09922' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 1.81 Max: 8.4
Current: 0.7

During the past 8 years, the highest Debt-to-Equity Ratio of Jiumaojiu International Holdings was 8.40. The lowest was 0.44. And the median was 1.81.

HKSE:09922's Debt-to-Equity is ranked better than
60.4% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs HKSE:09922: 0.70

Jiumaojiu International Holdings Debt-to-Equity Historical Data

The historical data trend for Jiumaojiu International 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.

Jiumaojiu International Holdings Debt-to-Equity Chart

Jiumaojiu International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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8.40

0.44

0.49

0.53

0.70

Jiumaojiu International Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.49	0.50	0.53	0.57	0.70

Competitive Comparison of Jiumaojiu International Holdings's Debt-to-Equity

For the Restaurants subindustry, Jiumaojiu International 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.

Jiumaojiu International Holdings's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jiumaojiu International Holdings's Debt-to-Equity distribution charts can be found below:

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

Jiumaojiu International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiumaojiu International 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
	=	(688.504	+	1858.562)	/	3648.338
	=	0.70

Jiumaojiu International 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
	=	(688.504	+	1858.562)	/	3648.338
	=	0.70

Jiumaojiu International Holdings (HKSE:09922) 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.

Jiumaojiu International Holdings Debt-to-Equity Related Terms

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Jiumaojiu International Holdings (HKSE:09922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jiumaojiu International Holdings Ltd (HKSE:09922) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3YU:Germany

Address

1 Mingzhuyi Street, Room 404-A197, Hengli Town, Nansha District, Guangzhou, CHN

Website

http://www.jiumaojiu.com

Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 400 outlets in China, and is frequented particularly by the post-1990s generation.Other key concepts include the namesake concept Jiu Mao Jiu (nearly 80 units) and a newly created restaurant concept Song Hot Pot (almost 30 outlets), but the company's portfolio also includes other brands such as Uncle Chef (Cantonese cuisine) and Lai Mei Li (Chinese grilled fish). All of Jiumaojiu's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants over quantity.

Executives

Invesco Asset Management Limited	2102 Investment manager
Jpmorgan Chase & Co.	2502 Approved lending agent
The Capital Group Companies, Inc.	2201 Interest of corporation controlled by you
Guan Yihong	2201 Interest of corporation controlled by you
Gyh J Limited	2101 Beneficial owner
Yang Sanyin	2202 Interest of your spouse
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Chen Haixia	2201 Interest of corporation controlled by you
Mx J Limited	2101 Beneficial owner
Mt J Limited	2101 Beneficial owner

Jiumaojiu International Holdings (HKSE:09922) Headlines

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