China Power International Development (HKSE:02380) Debt-to-Equity : 3.15 (As of Dec. 2023)

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What is China Power International Development Debt-to-Equity?

China Power International Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$41,419 Mil. China Power International Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$143,118 Mil. China Power International Development's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$58,670 Mil. China Power International Development's debt to equity for the quarter that ended in Dec. 2023 was 3.15.

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 China Power International Development's Debt-to-Equity or its related term are showing as below:

HKSE:02380' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.56 Med: 2.33 Max: 3.15
Current: 3.15

During the past 13 years, the highest Debt-to-Equity Ratio of China Power International Development was 3.15. The lowest was 1.56. And the median was 2.33.

HKSE:02380's Debt-to-Equity is ranked worse than
93.08% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs HKSE:02380: 3.15

China Power International Development Debt-to-Equity Historical Data

The historical data trend for China Power International Development'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.

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China Power International Development Debt-to-Equity Chart

China Power International Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.59

2.74

2.94

2.48

3.15

China Power International Development 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															2.94	3.24	2.48	2.41	3.15

Competitive Comparison of China Power International Development's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, China Power International Development'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.

China Power International Development's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Power International Development's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Power International Development's Debt-to-Equity falls into.

China Power International Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Power International Development'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
	=	(41418.999	+	143117.731)	/	58670.016
	=	3.15

China Power International Development'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
	=	(41418.999	+	143117.731)	/	58670.016
	=	3.15

China Power International Development (HKSE:02380) 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.

China Power International Development Debt-to-Equity Related Terms

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

China Power International Development (HKSE:02380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Power International Development Ltd (HKSE:02380) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HPD:Germany

Address

18 Harbour Road, Central Plaza, Suite 6301, 63th Floor, Wanchai, Hong Kong, HKG

Website

http://www.chinapower.hk

China Power International Development Ltd is an integrated energy group that owns coal-fired power, hydropower, nuclear power, and renewable energy resources in the PRC. The company has expanded its business into the areas of hydropower, wind power, photovoltaic power, natural gas power, energy storage, green power transportation, and integrated energy services through continuous development. The Group recognizes revenue from sales of electricity to regional and provincial power grid companies and the provision of power generation and subcontracting services.

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