Haitong International Securities Group (HKSE:00665) Debt-to-Equity : 1.97 (As of Jun. 2023)

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What is Haitong International Securities Group Debt-to-Equity?

Haitong International Securities Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.00 Mil. Haitong International Securities Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$44,825.21 Mil. Haitong International Securities Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$22,738.24 Mil. Haitong International Securities Group's debt to equity for the quarter that ended in Jun. 2023 was 1.97.

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 Haitong International Securities Group's Debt-to-Equity or its related term are showing as below:

HKSE:00665' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.52 Med: 2 Max: 2.37
Current: 1.97

During the past 13 years, the highest Debt-to-Equity Ratio of Haitong International Securities Group was 2.37. The lowest was 1.52. And the median was 2.00.

HKSE:00665's Debt-to-Equity is not ranked
in the Capital Markets industry.
Industry Median: 0.37 vs HKSE:00665: 1.97

Haitong International Securities Group Debt-to-Equity Historical Data

The historical data trend for Haitong International Securities Group'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.

Haitong International Securities Group Debt-to-Equity Chart

Haitong International Securities Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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2.28

2.16

1.97

1.63

2.28

Haitong International Securities Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															1.78	1.63	1.86	2.28	1.97

Competitive Comparison of Haitong International Securities Group's Debt-to-Equity

For the Capital Markets subindustry, Haitong International Securities Group'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.

Haitong International Securities Group's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Haitong International Securities Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Haitong International Securities Group's Debt-to-Equity falls into.

Haitong International Securities Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Haitong International Securities Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0	+	47059.648)	/	20688.808
	=	2.27

Haitong International Securities Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0	+	44825.214)	/	22738.236
	=	1.97

Haitong International Securities Group (HKSE:00665) 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.

Haitong International Securities Group Debt-to-Equity Related Terms

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Haitong International Securities Group (HKSE:00665) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Haitong International Securities Group Ltd (HKSE:00665) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

189 Des Voeux Road Central, 22nd Floor, Li Po Chun Chambers, Hong Kong, HKG

Website

https://www.htisec.com

Haitong International Securities Group Ltd is engaged in investment holding. The company operates in five segments namely Wealth Management, Corporate finance, Asset Management, Global markets, and Investment. The majority of the company's revenue is earned through wealth management segment. The majority of the company's revenue is related to activities conducted in Hong Kong.

Haitong International Securities Group (HKSE:00665) Headlines

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