Beijing Jingkelong Co (HKSE:00814) Debt-to-Equity : 2.73 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Beijing Jingkelong Co Debt-to-Equity?

Beijing Jingkelong Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,946 Mil. Beijing Jingkelong Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$487 Mil. Beijing Jingkelong Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,626 Mil. Beijing Jingkelong Co's debt to equity for the quarter that ended in Dec. 2023 was 2.73.

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

HKSE:00814' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.79 Med: 2.53 Max: 2.73
Current: 2.73

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing Jingkelong Co was 2.73. The lowest was 1.79. And the median was 2.53.

HKSE:00814's Debt-to-Equity is ranked worse than
89.92% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs HKSE:00814: 2.73

Beijing Jingkelong Co Debt-to-Equity Historical Data

The historical data trend for Beijing Jingkelong 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.

Beijing Jingkelong Co Debt-to-Equity Chart

Beijing Jingkelong Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.63

2.45

2.58

2.51

2.73

Beijing Jingkelong 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															2.58	2.54	2.51	2.77	2.73

Competitive Comparison of Beijing Jingkelong Co's Debt-to-Equity

For the Specialty Retail subindustry, Beijing Jingkelong 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.

Beijing Jingkelong Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijing Jingkelong Co's Debt-to-Equity distribution charts can be found below:

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

Beijing Jingkelong Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Jingkelong 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
	=	(3945.759	+	486.891)	/	1625.596
	=	2.73

Beijing Jingkelong 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
	=	(3945.759	+	486.891)	/	1625.596
	=	2.73

Beijing Jingkelong Co (HKSE:00814) 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.

Beijing Jingkelong Co Debt-to-Equity Related Terms

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

Beijing Jingkelong Co (HKSE:00814) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Beijing Jingkelong Co Ltd (HKSE:00814) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

G2M:Germany

Address

XinYuan Street, Block No. 45, Chaoyang District, Beijing, CHN

Website

https://www.jkl.com.cn

Beijing Jingkelong Co Ltd is engaged in the retail and wholesale distribution of daily consumer products in the region covering Beijing City and certain parts of its periphery. The company operates in three business segments including Retailing segment which mainly engages in the distribution of food, untagged food, daily necessities, drinks and cigarettes, hardware, and household appliances; Wholesaling segment is engaged in the wholesale supply of daily consumer products, including food, untagged food, beverages, drinks, cigarettes, and daily necessities and Other segment comprises, selling plastic packing products, hotel services, and school training services. It derives the majority of its revenue from the Wholesaling segment.

Beijing Jingkelong Co (HKSE:00814) Headlines

No Headlines