Haitong Unitrust International Financial Leasing Co (HKSE:01905) Debt-to-Equity : 4.52 (As of Dec. 2023)

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What is Haitong Unitrust International Financial Leasing Co Debt-to-Equity?

Haitong Unitrust International Financial Leasing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. Haitong Unitrust International Financial Leasing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$99,732 Mil. Haitong Unitrust International Financial Leasing Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$22,090 Mil. Haitong Unitrust International Financial Leasing Co's debt to equity for the quarter that ended in Dec. 2023 was 4.51.

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 Haitong Unitrust International Financial Leasing Co's Debt-to-Equity or its related term are showing as below:

HKSE:01905' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.88 Med: 4.63 Max: 4.87
Current: 4.52

During the past 8 years, the highest Debt-to-Equity Ratio of Haitong Unitrust International Financial Leasing Co was 4.87. The lowest was 2.88. And the median was 4.63.

HKSE:01905's Debt-to-Equity is ranked worse than
85.68% of 433 companies
in the Credit Services industry
Industry Median: 1.18 vs HKSE:01905: 4.52

Haitong Unitrust International Financial Leasing Co Debt-to-Equity Historical Data

The historical data trend for Haitong Unitrust International Financial Leasing 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.

Haitong Unitrust International Financial Leasing Co Debt-to-Equity Chart

Haitong Unitrust International Financial Leasing Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.58

4.83

4.69

4.87

4.52

Haitong Unitrust International Financial Leasing Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									4.69	4.74	4.87	4.94	4.52

Competitive Comparison of Haitong Unitrust International Financial Leasing Co's Debt-to-Equity

For the Credit Services subindustry, Haitong Unitrust International Financial Leasing 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.

Haitong Unitrust International Financial Leasing Co's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Haitong Unitrust International Financial Leasing Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Haitong Unitrust International Financial Leasing Co's Debt-to-Equity falls into.

Haitong Unitrust International Financial Leasing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Haitong Unitrust International Financial Leasing 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	+	99732.044)	/	22089.825
	=	4.51

Haitong Unitrust International Financial Leasing 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	+	99732.044)	/	22089.825
	=	4.51

Haitong Unitrust International Financial Leasing Co (HKSE:01905) 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.

Haitong Unitrust International Financial Leasing Co Debt-to-Equity Related Terms

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Haitong Unitrust International Financial Leasing Co (HKSE:01905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Haitong Unitrust International Financial Leasing Co Ltd (HKSE:01905) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HA6:Germany

Address

No. 599 South Zhongshan Road, Haitong Unitrust Tower, Huangpu District, Shanghai, CHN, 200010

Website

https://www.utfinancing.com

Haitong Unitrust International Financial Leasing Co Ltd is engaged in providing financial leasing, operating leasing, factoring, entrusted loans, other loans, and advisory services. It also provides the purchase of leased assets from both domestic and international suppliers, residual value disposal and maintenance of leased assets, advisory services, and guarantee of lease transactions.

Haitong Unitrust International Financial Leasing Co (HKSE:01905) Headlines

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