China Ting Group Holdings (HKSE:03398) Debt-to-Equity : 0.18 (As of Jun. 2023)

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What is China Ting Group Holdings Debt-to-Equity?

China Ting Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$312 Mil. China Ting Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$89 Mil. China Ting Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$2,212 Mil. China Ting Group Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.18.

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

HKSE:03398' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.14 Max: 0.26
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of China Ting Group Holdings was 0.26. The lowest was 0.05. And the median was 0.14.

HKSE:03398's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs HKSE:03398: 0.18

China Ting Group Holdings Debt-to-Equity Historical Data

The historical data trend for China Ting Group 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.

China Ting Group Holdings Debt-to-Equity Chart

China Ting Group Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.14

0.18

0.10

0.18

China Ting Group Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.10	0.10	0.18	0.18

Competitive Comparison of China Ting Group Holdings's Debt-to-Equity

For the Apparel Manufacturing subindustry, China Ting Group 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.

China Ting Group Holdings's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Ting Group Holdings's Debt-to-Equity distribution charts can be found below:

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

China Ting Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Ting Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(303.128	+	110.038)	/	2334.142
	=	0.18

China Ting Group Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(312.409	+	88.942)	/	2212.439
	=	0.18

China Ting Group Holdings (HKSE:03398) 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 Ting Group Holdings Debt-to-Equity Related Terms

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

China Ting Group Holdings (HKSE:03398) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Ting Group Holdings Ltd (HKSE:03398) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 King Yip Street, 27th Floor, King Palace Plaza, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.chinating.com.hk

China Ting Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in garment manufacturing for export and retailing branded fashion apparel in Mainland China. It operates in three reportable segments including manufacturing and sale of garments on an original equipment manufacturer (OEM), manufacturing and retailing of branded fashion apparel (Retail), and property investment. It derives the majority of its revenue from the OEM segment. Geographically, it derives a majority of its revenue from the PRC and also has an operation in North America, European Union, Hong Kong, and Other countries.

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