JiangXi Bank Co (HKSE:01916) Debt-to-Equity : 1.01 (As of Dec. 2023)

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What is JiangXi Bank Co Debt-to-Equity?

JiangXi Bank Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. JiangXi Bank Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$51,896 Mil. JiangXi Bank Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$51,163 Mil. JiangXi Bank Co's debt to equity for the quarter that ended in Dec. 2023 was 1.01.

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 JiangXi Bank Co's Debt-to-Equity or its related term are showing as below:

HKSE:01916' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 1.44 Max: 2.29
Current: 1.01

During the past 9 years, the highest Debt-to-Equity Ratio of JiangXi Bank Co was 2.29. The lowest was 0.90. And the median was 1.44.

HKSE:01916's Debt-to-Equity is ranked worse than
64.3% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs HKSE:01916: 1.01

JiangXi Bank Co Debt-to-Equity Historical Data

The historical data trend for JiangXi Bank Co'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.

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JiangXi Bank Co Debt-to-Equity Chart

JiangXi Bank Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.07

1.44

1.26

1.25

1.01

JiangXi Bank Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											1.26	1.61	1.25	1.24	1.01

Competitive Comparison of JiangXi Bank Co's Debt-to-Equity

For the Banks - Regional subindustry, JiangXi Bank Co'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.

JiangXi Bank Co's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, JiangXi Bank Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where JiangXi Bank Co's Debt-to-Equity falls into.

JiangXi Bank Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JiangXi Bank Co'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
	=	(0	+	51895.954)	/	51163.395
	=	1.01

JiangXi Bank Co'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
	=	(0	+	51895.954)	/	51163.395
	=	1.01

JiangXi Bank Co (HKSE:01916) 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.

JiangXi Bank Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of JiangXi Bank Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

JiangXi Bank Co (HKSE:01916) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JiangXi Bank Co Ltd (HKSE:01916) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.jx-bank.com

JiangXi Bank Co Ltd operates as a commercial bank in China. The company's operating segments include Corporate banking; Retail banking and credit card; Financial markets business and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment provides a range of financial products and services to corporations, government agencies and financial institutions.

JiangXi Bank Co (HKSE:01916) Headlines

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