Haina Intelligent Equipment International Holdings (HKSE:01645) Debt-to-Equity : 0.31 (As of Dec. 2023)

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What is Haina Intelligent Equipment International Holdings Debt-to-Equity?

Haina Intelligent Equipment International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$91.7 Mil. Haina Intelligent Equipment International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$11.3 Mil. Haina Intelligent Equipment International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$331.5 Mil. Haina Intelligent Equipment International Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

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 Haina Intelligent Equipment International Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01645' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.19 Max: 0.34
Current: 0.31

During the past 8 years, the highest Debt-to-Equity Ratio of Haina Intelligent Equipment International Holdings was 0.34. The lowest was 0.03. And the median was 0.19.

HKSE:01645's Debt-to-Equity is ranked worse than
51.88% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:01645: 0.31

Haina Intelligent Equipment International Holdings Debt-to-Equity Historical Data

The historical data trend for Haina Intelligent Equipment International 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.

Haina Intelligent Equipment International Holdings Debt-to-Equity Chart

Haina Intelligent Equipment International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.09

0.19

0.12

0.31

Haina Intelligent Equipment International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.19	0.15	0.12	0.19	0.31

Competitive Comparison of Haina Intelligent Equipment International Holdings's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Haina Intelligent Equipment International 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.

Haina Intelligent Equipment International Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haina Intelligent Equipment International Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Haina Intelligent Equipment International Holdings's Debt-to-Equity falls into.

Haina Intelligent Equipment International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Haina Intelligent Equipment International 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
	=	(91.736	+	11.267)	/	331.472
	=	0.31

Haina Intelligent Equipment International 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
	=	(91.736	+	11.267)	/	331.472
	=	0.31

Haina Intelligent Equipment International Holdings (HKSE:01645) 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.

Haina Intelligent Equipment International Holdings Debt-to-Equity Related Terms

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Haina Intelligent Equipment International Holdings (HKSE:01645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haina Intelligent Equipment International Holdings Ltd (HKSE:01645) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wuli Technology Park, Economic Development Area, Fujian Province, Jinjiang, CHN

Website

https://www.haina-intelligent.com

Haina Intelligent Equipment International Holdings Ltd is an investment holding company. It is engaged in design and production of automated machines for manufacturing disposable hygiene products, including baby diapers, adult diapers, and lady sanitary napkins in the PRC. The company provides comprehensive services to its customers, from collaborating with customers on product designs and customizing its products based on specifications provided by customers, conducting quality control, delivering products to customers, installing products for customers, and providing after-sales services. Its geographical segments are China, South Korea, Indonesia, Uzbekistan, Vietnam, Thailand, Dubai, Bangladesh, Angola, Pakistan, Cambodia, and other countries.

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