Xinda Investment Holdings (HKSE:01281) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is Xinda Investment Holdings Debt-to-Equity?

Xinda Investment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$32.5 Mil. Xinda Investment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$157.6 Mil. Xinda Investment Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$927.6 Mil. Xinda Investment Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Xinda Investment Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01281' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.34 Max: 7.37
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Xinda Investment Holdings was 7.37. The lowest was 0.19. And the median was 0.34.

HKSE:01281's Debt-to-Equity is ranked better than
81.33% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.78 vs HKSE:01281: 0.21

Xinda Investment Holdings Debt-to-Equity Historical Data

The historical data trend for Xinda Investment Holdings'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.

Xinda Investment Holdings Debt-to-Equity Chart

Xinda Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.45

0.21

0.19

0.23

0.21

Xinda Investment Holdings 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															0.19	0.25	0.23	0.22	0.21

Competitive Comparison of Xinda Investment Holdings's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Xinda Investment Holdings'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.

Xinda Investment Holdings's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Xinda Investment Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Xinda Investment Holdings's Debt-to-Equity falls into.

Xinda Investment Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xinda Investment Holdings'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
	=	(32.45	+	157.597)	/	927.639
	=	0.20

Xinda Investment Holdings'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
	=	(32.45	+	157.597)	/	927.639
	=	0.20

Xinda Investment Holdings (HKSE:01281) 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.

Xinda Investment Holdings Debt-to-Equity Related Terms

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

Xinda Investment Holdings (HKSE:01281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Xinda Investment Holdings Ltd (HKSE:01281) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

66 Dongfang Road, Longjitaihe Industrial Park, Hebei Province, Gaobeidian, CHN

Website

http://en.longitech.hk

Xinda Investment Holdings Ltd formerly LongiTech Smart Energy Holding Ltd is engaged in providing smart energy solutions in the PRC. The primary activities of the company are smart energy and solar energy businesses. Its operating segments are Smart energy business and Public infrastructure construction business of which the majority of the revenue is generated from the Smart energy business segment. Geographically, it operates in China.

Executives

Wei Shaojun	2307 Founder of a discretionary trust who can infl
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Xinda Investment Holdings (HKSE:01281) Headlines

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