South China Holdings Co (HKSE:00413) Debt-to-Equity : 0.69 (As of Dec. 2023)

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What is South China Holdings Co Debt-to-Equity?

South China Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,141 Mil. South China Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,979 Mil. South China Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,997 Mil. South China Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 0.69.

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 South China Holdings Co's Debt-to-Equity or its related term are showing as below:

HKSE:00413' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.74 Max: 0.83
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of South China Holdings Co was 0.83. The lowest was 0.64. And the median was 0.74.

HKSE:00413's Debt-to-Equity is ranked worse than
60.93% of 691 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:00413: 0.69

South China Holdings Co Debt-to-Equity Historical Data

The historical data trend for South China Holdings 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.

South China Holdings Co Debt-to-Equity Chart

South China Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.78

0.74

0.76

0.64

0.69

South China Holdings Co 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															0.76	0.79	0.64	0.74	0.69

Competitive Comparison of South China Holdings Co's Debt-to-Equity

For the Leisure subindustry, South China Holdings 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.

South China Holdings Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, South China Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where South China Holdings Co's Debt-to-Equity falls into.

South China Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

South China Holdings 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
	=	(2140.85	+	1979.099)	/	5997.284
	=	0.69

South China Holdings 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
	=	(2140.85	+	1979.099)	/	5997.284
	=	0.69

South China Holdings Co (HKSE:00413) 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.

South China Holdings Co Debt-to-Equity Related Terms

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South China Holdings Co (HKSE:00413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » South China Holdings Co Ltd (HKSE:00413) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SZHB:Germany

Address

1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.scholding.com

South China Holdings Co Ltd is a trading and manufacturing company. The company operates its business through four segments namely Trading and Manufacturing, Property investment and development, Agriculture and forestry and Others segment. Its business activities include trading and manufacturing toys, footwear and leather products as well as cultivating fruit trees, and rearing of livestock and aquatic products. It is also engaged in developing properties and investment holding about management functions. The majority of the company's revenues are derived from the Trading and manufacturing segment. Its geographical segments are the United States, Europe, the PRC including Hong Kong, Japan and Others.

South China Holdings Co (HKSE:00413) Headlines

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