Shenwan Hongyuan Group Co (SZSE:000166) Debt-to-Equity : 1.69 (As of Dec. 2023)

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What is Shenwan Hongyuan Group Co Debt-to-Equity?

Shenwan Hongyuan Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥0 Mil. Shenwan Hongyuan Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥169,577 Mil. Shenwan Hongyuan Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥100,145 Mil. Shenwan Hongyuan Group Co's debt to equity for the quarter that ended in Dec. 2023 was 1.69.

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

SZSE:000166' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02 Med: 1.67 Max: 2.09
Current: 1.69

During the past 13 years, the highest Debt-to-Equity Ratio of Shenwan Hongyuan Group Co was 2.09. The lowest was 1.02. And the median was 1.67.

SZSE:000166's Debt-to-Equity is ranked worse than
85.2% of 608 companies
in the Capital Markets industry
Industry Median: 0.37 vs SZSE:000166: 1.69

Shenwan Hongyuan Group Co Debt-to-Equity Historical Data

The historical data trend for Shenwan Hongyuan 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.

Shenwan Hongyuan Group Co Debt-to-Equity Chart

Shenwan Hongyuan Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.47

1.90

2.09

1.89

1.69

Shenwan Hongyuan Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.89	1.79	1.73	1.67	1.69

Competitive Comparison of Shenwan Hongyuan Group Co's Debt-to-Equity

For the Capital Markets subindustry, Shenwan Hongyuan 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.

Shenwan Hongyuan Group Co's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

Shenwan Hongyuan Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenwan Hongyuan 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
	=	(0	+	169576.824)	/	100145.041
	=	1.69

Shenwan Hongyuan Group 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	+	169576.824)	/	100145.041
	=	1.69

Shenwan Hongyuan Group Co (SZSE:000166) 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.

Shenwan Hongyuan Group Co Debt-to-Equity Related Terms

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Shenwan Hongyuan Group Co (SZSE:000166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Shenwan Hongyuan Group Co Ltd (SZSE:000166) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

06806:Hong Kong

Address

No. 19, Taipingqiao Street, No. 358, South Beijing Road, 20th Floor, Dacheng International Building, Urumqi High-tech Zone, Xinjiang, Xicheng District, Beijing, CHN, 100033

Website

http://www.swhygh.com

Shenwan Hongyuan Group Co Ltd is an investment holding and securities firm. Its business includes banking, insurance, trust, and leasing while consolidating and expanding the advantages of the original securities business and building on the capital market as support. The company's business mainly focuses on four segments, including enterprise finance, personal finance, institutional services and trading, as well as investment management. Majority of the revenue for the firm gets derived from Institutional services and trading segment.

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