Yankuang Energy Group Co (SHSE:600188) Debt-to-Equity : 1.29 (As of Mar. 2024)

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What is Yankuang Energy Group Co Debt-to-Equity?

Yankuang Energy Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥26,512 Mil. Yankuang Energy Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥75,777 Mil. Yankuang Energy Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥79,124 Mil. Yankuang Energy Group Co's debt to equity for the quarter that ended in Mar. 2024 was 1.29.

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 Yankuang Energy Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:600188' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 1.22 Max: 1.93
Current: 1.29

During the past 13 years, the highest Debt-to-Equity Ratio of Yankuang Energy Group Co was 1.93. The lowest was 0.76. And the median was 1.22.

SHSE:600188's Debt-to-Equity is ranked worse than
88.19% of 127 companies
in the Other Energy Sources industry
Industry Median: 0.24 vs SHSE:600188: 1.29

Yankuang Energy Group Co Debt-to-Equity Historical Data

The historical data trend for Yankuang Energy Group 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.

* Premium members only.

Yankuang Energy Group Co Debt-to-Equity Chart

Yankuang Energy Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.97

1.76

1.44

0.88

1.36

Yankuang Energy Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.76	1.02	1.59	1.36	1.29

Competitive Comparison of Yankuang Energy Group Co's Debt-to-Equity

For the Thermal Coal subindustry, Yankuang Energy Group 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.

Yankuang Energy Group Co's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yankuang Energy Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Yankuang Energy Group Co's Debt-to-Equity falls into.

Yankuang Energy Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yankuang Energy Group 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
	=	(24888.842	+	73853.195)	/	72693.902
	=	1.36

Yankuang Energy Group Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(26512.484	+	75776.643)	/	79123.719
	=	1.29

Yankuang Energy Group Co (SHSE:600188) 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.

Yankuang Energy Group Co Debt-to-Equity Related Terms

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Yankuang Energy Group Co (SHSE:600188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Yankuang Energy Group Co Ltd (SHSE:600188) » Definitions » Debt-to-Equity

Traded in Other Exchanges

YZCHF:USA YZCAY:USA 01171:Hong Kong YZCA:Germany

Address

949 South Fushan Road, Shandong Province, Zoucheng, CHN, 273500

Website

http://www.yanzhoucoal.com.cn

Yankuang Energy Group Co Ltd, is an integrated thermal and coking coal-mining company, with operations in mainland China and Australia. The company also engages in power/heat generation and rail transportation and produces coal chemicals including methanol. Coal accounted for more than 90% of the group's gross profit in 2019. The firm is the second-largest coal miner in China by production and is listed on the exchanges in Hong Kong, Shanghai, and New York.

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