Chen Hsong Holdings (HKSE:00057) Debt-to-Equity : 0.01 (As of Sep. 2023)

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What is Chen Hsong Holdings Debt-to-Equity?

Chen Hsong Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$3 Mil. Chen Hsong Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$15 Mil. Chen Hsong Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$2,935 Mil. Chen Hsong Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

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

HKSE:00057' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.1
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Chen Hsong Holdings was 0.10. The lowest was 0.00. And the median was 0.03.

HKSE:00057's Debt-to-Equity is ranked better than
99.96% of 2619 companies
in the Industrial Products industry
Industry Median: 0.28 vs HKSE:00057: 0.01

Chen Hsong Holdings Debt-to-Equity Historical Data

The historical data trend for Chen Hsong 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.

Chen Hsong Holdings Debt-to-Equity Chart

Chen Hsong Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.03

0.04

0.02

0.01

Chen Hsong Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	-	0.01	0.01

Competitive Comparison of Chen Hsong Holdings's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Chen Hsong 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.

Chen Hsong Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chen Hsong Holdings's Debt-to-Equity distribution charts can be found below:

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

Chen Hsong Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chen Hsong Holdings'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
	=	(2.862	+	17.064)	/	3049.14
	=	0.01

Chen Hsong Holdings'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
	=	(3.308	+	15.384)	/	2935.393
	=	0.01

Chen Hsong Holdings (HKSE:00057) 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.

Chen Hsong Holdings Debt-to-Equity Related Terms

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Chen Hsong Holdings (HKSE:00057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chen Hsong Holdings Ltd (HKSE:00057) » Definitions » Debt-to-Equity

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CHHGF:USA

Address

18 Whitfield Road, Unit 2001, 20th Floor, Citicorp Centre, Hong Kong, HKG

Website

https://www.chenhsong.com

Chen Hsong Holdings Ltd is an investment holding company it is engaged in the business of manufacture and sale of Plastic injection molding machines and related products. The company's services are used in automotive, packaging, home appliances, consumer electronics, mobile phones, and other businesses. The group operates through the geographic segments of Mainland China and Hong Kong, Taiwan, and Other Overseas Countries. The Mainland China and Hong Kong segment generates maximum revenue for the company.

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