China Industrial Securities International Financial Group (HKSE:06058) Debt-to-Equity : 2.11 (As of Dec. 2023)

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What is China Industrial Securities International Financial Group Debt-to-Equity?

China Industrial Securities International Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7,801.2 Mil. China Industrial Securities International Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$906.3 Mil. China Industrial Securities International Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$4,123.9 Mil. China Industrial Securities International Financial Group's debt to equity for the quarter that ended in Dec. 2023 was 2.11.

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 Industrial Securities International Financial Group's Debt-to-Equity or its related term are showing as below:

HKSE:06058' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.01 Med: 2.23 Max: 4.86
Current: 2.11

During the past 10 years, the highest Debt-to-Equity Ratio of China Industrial Securities International Financial Group was 4.86. The lowest was 1.01. And the median was 2.23.

HKSE:06058's Debt-to-Equity is ranked worse than
93.24% of 296 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs HKSE:06058: 2.11

China Industrial Securities International Financial Group Debt-to-Equity Historical Data

The historical data trend for China Industrial Securities International Financial 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.

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China Industrial Securities International Financial Group Debt-to-Equity Chart

China Industrial Securities International Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.06

3.07

1.64

1.27

2.11

China Industrial Securities International Financial Group Semi-Annual Data
	Dec14	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													1.64	1.96	1.27	1.78	2.11

Competitive Comparison of China Industrial Securities International Financial Group's Debt-to-Equity

For the Financial Conglomerates subindustry, China Industrial Securities International Financial 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.

China Industrial Securities International Financial Group's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Industrial Securities International Financial Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Industrial Securities International Financial Group's Debt-to-Equity falls into.

China Industrial Securities International Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Industrial Securities International Financial Group'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
	=	(7801.242	+	906.299)	/	4123.942
	=	2.11

China Industrial Securities International Financial Group'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
	=	(7801.242	+	906.299)	/	4123.942
	=	2.11

China Industrial Securities International Financial Group (HKSE:06058) 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 Industrial Securities International Financial Group Debt-to-Equity Related Terms

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China Industrial Securities International Financial Group (HKSE:06058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » China Industrial Securities International Financial Group Ltd (HKSE:06058) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

199 Des Voeux Road Central, 32 & 25 Floor, Infinitus Plaza, Sheung Wan, Hong Kong, HKG

Website

https://www.xyzq.com.hk

China Industrial Securities International Financial Group Ltd offers integrated financial services. It operates in the business segments of Brokerage, Margin financing, Corporate finance, Asset management, Financial products & investments, and Others. The company generates the majority of its revenue from the Brokerage segment. Its revenue is primarily generated from activities based in Hong Kong.

China Industrial Securities International Financial Group (HKSE:06058) Headlines

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