Da Sen Holdings Group (HKSE:01580) Debt-to-Equity : 1.44 (As of Sep. 2023)

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What is Da Sen Holdings Group Debt-to-Equity?

Da Sen Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$39.50 Mil. Da Sen Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$7.91 Mil. Da Sen Holdings Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$32.88 Mil. Da Sen Holdings Group's debt to equity for the quarter that ended in Sep. 2023 was 1.44.

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 Da Sen Holdings Group's Debt-to-Equity or its related term are showing as below:

HKSE:01580' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.34 Max: 1.85
Current: 1.44

During the past 10 years, the highest Debt-to-Equity Ratio of Da Sen Holdings Group was 1.85. The lowest was 0.12. And the median was 0.34.

HKSE:01580's Debt-to-Equity is ranked worse than
87.55% of 265 companies
in the Forest Products industry
Industry Median: 0.48 vs HKSE:01580: 1.44

Da Sen Holdings Group Debt-to-Equity Historical Data

The historical data trend for Da Sen Holdings Group'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.

Da Sen Holdings Group Debt-to-Equity Chart

Da Sen Holdings Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar23

Debt-to-Equity

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0.15

0.34

1.25

1.65

Da Sen Holdings Group Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial													0.34	0.43	1.25	1.85	1.44

Competitive Comparison of Da Sen Holdings Group's Debt-to-Equity

For the Lumber & Wood Production subindustry, Da Sen Holdings Group'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.

Da Sen Holdings Group's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Da Sen Holdings Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Da Sen Holdings Group's Debt-to-Equity falls into.

Da Sen Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Da Sen Holdings Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(42.981	+	7.941)	/	30.8
	=	1.65

Da Sen Holdings Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(39.5	+	7.914)	/	32.88
	=	1.44

Da Sen Holdings Group (HKSE:01580) 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.

Da Sen Holdings Group Debt-to-Equity Related Terms

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

Da Sen Holdings Group (HKSE:01580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Da Sen Holdings Group Ltd (HKSE:01580) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Economic Development Zone, Sunsi Town, Chengwu, Shandong, CHN

Website

http://www.msdscn.com

Da Sen Holdings Group Ltd is an investment holding company. The principal business is the manufacture and sale of plywood products and biomass wood pellets. The company mainly operates through two segments, Manufacturing and sales of plywood and Leasing activities. The highest revenue is generated from the sales of the Plywood segment. The group's operations are located in the PRC.

Executives

Wong Tseng Hon	2101 Beneficial owner
Chai Kaw Sing	2202 Interest of your spouse
Leung Leung Wing Yee Winnie	2104 Agent
Zhang Ayang	2202 Interest of your spouse
Wang Songmao	2101 Beneficial owner
Wu Haiyan	2401 A concert party to an agreement to buy shares
Wu Shican	2401 A concert party to an agreement to buy shares
Ke Mingcai	2401 A concert party to an agreement to buy shares
Lin Qingxiong

Da Sen Holdings Group (HKSE:01580) Headlines

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