Zhongyuan Bank Co (HKSE:01216) Debt-to-Equity : 1.44 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Zhongyuan Bank Co Debt-to-Equity?

Zhongyuan Bank Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. Zhongyuan Bank Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$145,168 Mil. Zhongyuan Bank Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$101,180 Mil. Zhongyuan Bank Co's debt to equity for the quarter that ended in Dec. 2023 was 1.43.

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

HKSE:01216' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 1.59 Max: 1.7
Current: 1.44

During the past 10 years, the highest Debt-to-Equity Ratio of Zhongyuan Bank Co was 1.70. The lowest was 0.09. And the median was 1.59.

HKSE:01216's Debt-to-Equity is ranked worse than
75.18% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs HKSE:01216: 1.44

Zhongyuan Bank Co Debt-to-Equity Historical Data

The historical data trend for Zhongyuan 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.

* Premium members only.

Zhongyuan Bank Co Debt-to-Equity Chart

Zhongyuan Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.42

1.32

1.59

1.64

1.44

Zhongyuan Bank Co Semi-Annual Data
	Dec14	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													1.59	1.45	1.64	1.60	1.44

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

For the Banks - Regional subindustry, Zhongyuan 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.

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

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

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

Zhongyuan Bank Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhongyuan 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	+	145168.408)	/	101179.554
	=	1.43

Zhongyuan 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	+	145168.408)	/	101179.554
	=	1.43

Zhongyuan Bank Co (HKSE:01216) 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.

Zhongyuan Bank Co Debt-to-Equity Related Terms

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

Zhongyuan Bank Co (HKSE:01216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zhongyuan Bank Co Ltd (HKSE:01216) » Definitions » Debt-to-Equity

Traded in Other Exchanges

ZNNGY:USA

Address

No. 23 Shangwu Waihuan Road, Zhongke Golden Tower, Zhengdong New District CBD, Henan Province, Zhengzhou, CHN

Website

https://www.zybank.com.cn

Zhongyuan Bank Co Ltd is engaged in the provision of corporate banking services. The business segments of the company are the Corporate banking segment, which represents the provision of a range of financial products and services to corporations, government agencies and financial institutions. The retail banking segment represents the provision of a range of financial products and services to retail customers. The financial markets business segment covers the Group's financial markets business operations. The financial markets business enters into inter-bank money market transactions, repurchases transactions and investments. Other segments represent assets, liabilities, income and expenses which cannot be directly attributable or cannot be allocated to a segment on a reasonable basis.

Zhongyuan Bank Co (HKSE:01216) Headlines

No Headlines