Jujiang Construction Group Co (HKSE:01459) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Jujiang Construction Group Co Debt-to-Equity?

Jujiang Construction Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$577 Mil. Jujiang Construction Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$152 Mil. Jujiang Construction Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,760 Mil. Jujiang Construction Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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

HKSE:01459' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.44 Max: 0.95
Current: 0.41

During the past 10 years, the highest Debt-to-Equity Ratio of Jujiang Construction Group Co was 0.95. The lowest was 0.32. And the median was 0.44.

HKSE:01459's Debt-to-Equity is ranked better than
52.27% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01459: 0.41

Jujiang Construction Group Co Debt-to-Equity Historical Data

The historical data trend for Jujiang Construction 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.

Jujiang Construction Group Co Debt-to-Equity Chart

Jujiang Construction Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.39

0.45

0.43

0.42

0.41

Jujiang Construction Group Co Semi-Annual Data
	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														0.43	0.42	0.42	0.43	0.41

Competitive Comparison of Jujiang Construction Group Co's Debt-to-Equity

For the Engineering & Construction subindustry, Jujiang Construction 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.

Jujiang Construction Group Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jujiang Construction Group Co's Debt-to-Equity distribution charts can be found below:

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

Jujiang Construction Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jujiang Construction 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
	=	(576.625	+	151.648)	/	1760.256
	=	0.41

Jujiang Construction 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
	=	(576.625	+	151.648)	/	1760.256
	=	0.41

Jujiang Construction Group Co (HKSE:01459) 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.

Jujiang Construction Group Co Debt-to-Equity Related Terms

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Jujiang Construction Group Co (HKSE:01459) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jujiang Construction Group Co Ltd (HKSE:01459) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 669 Qingfeng South Road (South), Zhejiang Province, Tongxiang, CHN, 314500

Website

https://www.jujiang.cn

Jujiang Construction Group Co Ltd is a civil engineering company. It provides construction contracting services for residential, commercial, industrial, and public works in the People's Republic of China. Its operating business segments are the Construction contracting segment, which is engaged in the provision of services relating to construction contracting in architecture; and the Others segment is engaged in the provision of services on designing, surveying, and consulting relating to construction contracting in architecture, and sale of civil defense products. It generates the vast majority of its revenue from the Construction contracting segment in Mainland China.

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