China Conch Venture Holdings (HKSE:00586) Debt-to-Equity : 0.58 (As of Dec. 2023)

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What is China Conch Venture Holdings Debt-to-Equity?

China Conch Venture Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,399 Mil. China Conch Venture Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$28,197 Mil. China Conch Venture Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$50,659 Mil. China Conch Venture Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.58.

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

HKSE:00586' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.19 Max: 0.58
Current: 0.58

During the past 12 years, the highest Debt-to-Equity Ratio of China Conch Venture Holdings was 0.58. The lowest was 0.03. And the median was 0.19.

HKSE:00586's Debt-to-Equity is ranked worse than
70.7% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs HKSE:00586: 0.58

China Conch Venture Holdings Debt-to-Equity Historical Data

The historical data trend for China Conch Venture 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.

China Conch Venture Holdings Debt-to-Equity Chart

China Conch Venture Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.19

0.26

0.30

0.49

0.58

China Conch Venture Holdings 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															0.30	0.45	0.49	0.63	0.58

Competitive Comparison of China Conch Venture Holdings's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, China Conch Venture 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.

China Conch Venture Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where China Conch Venture Holdings's Debt-to-Equity falls into.

China Conch Venture Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Conch Venture 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
	=	(1399.205	+	28197.486)	/	50658.937
	=	0.58

China Conch Venture 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
	=	(1399.205	+	28197.486)	/	50658.937
	=	0.58

China Conch Venture Holdings (HKSE:00586) 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 Conch Venture Holdings Debt-to-Equity Related Terms

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China Conch Venture Holdings (HKSE:00586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Conch Venture Holdings Ltd (HKSE:00586) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CCVTF:USA 68C:Germany

Address

1011 Jiuhua South Road, Anhui Province, Wuhu, CHN, 241070

Website

http://www.conchventure.com

China Conch Venture Holdings Ltd is a Hong Kong-based investment holding company engaged in the provision of environmental and energy-saving and environmental protection. The principal activities of the group are environmental protection sector, new energy, new building materials and port logistics. The group focuses on the development of the grate furnace power generation and new energy sectors. Its segment comprises of Waste-to-energy projects, port logistics services, New building materials, Investments, New energy material and solid waste solutions. Majority of revenue is generated from Waste-to-energy projects segment. Waste-to-energy projects segment includes waste incineration solutions, manufacturing and sales of residual heat power generation, vertical mills and related services.

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