Jia Yao Holdings (HKSE:01626) Debt-to-Equity : 0.23 (As of Dec. 2023)

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What is Jia Yao Holdings Debt-to-Equity?

Jia Yao Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$79 Mil. Jia Yao Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$22 Mil. Jia Yao Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$441 Mil. Jia Yao Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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

HKSE:01626' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.66 Max: 1.28
Current: 0.23

During the past 11 years, the highest Debt-to-Equity Ratio of Jia Yao Holdings was 1.28. The lowest was 0.23. And the median was 0.66.

HKSE:01626's Debt-to-Equity is ranked better than
70% of 340 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs HKSE:01626: 0.23

Jia Yao Holdings Debt-to-Equity Historical Data

The historical data trend for Jia Yao 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.

Jia Yao Holdings Debt-to-Equity Chart

Jia Yao Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.27

0.60

0.65

0.23

Jia Yao 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															0.65	0.34	0.23	0.34	0.23

Competitive Comparison of Jia Yao Holdings's Debt-to-Equity

For the Packaging & Containers subindustry, Jia Yao 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.

Jia Yao Holdings's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jia Yao Holdings's Debt-to-Equity distribution charts can be found below:

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

Jia Yao Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jia Yao 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
	=	(79.407	+	22.07)	/	440.746
	=	0.23

Jia Yao 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
	=	(79.407	+	22.07)	/	440.746
	=	0.23

Jia Yao Holdings (HKSE:01626) 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.

Jia Yao Holdings Debt-to-Equity Related Terms

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Jia Yao Holdings (HKSE:01626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Jia Yao Holdings Ltd (HKSE:01626) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 6 Qingdao Road, Dongshan Economic Developing District, Hubei Province, Yichang, CHN

Website

http://www.jiayaoholdings.com/en

Jia Yao Holdings Ltd is involved in the business of design, printing and sales of paper cigarette packages and social product paper packages. The segments of the group are Paper cigarette packages; Social product paper packages; Electronic cigarettes and Trading goods. It derives key revenue from the Paper cigarette packages segment which involves the design, printing and sale of paper cigarette packages. The company manufactures various types of paper cigarette packages for customers, which can be broadly divided into Hard and soft cigarette packets; Cigarette cartons; and Gift sets designed to pack and carry various sets of cigarette packets. Social product paper packages segment involves the design, printing and sale of packages for alcohol, medicines and food, among others.

Jia Yao Holdings (HKSE:01626) Headlines

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