FY Financial (Shenzhen) Co (HKSE:08452) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is FY Financial (Shenzhen) Co Debt-to-Equity?

FY Financial (Shenzhen) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8.17 Mil. FY Financial (Shenzhen) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.14 Mil. FY Financial (Shenzhen) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$485.47 Mil. FY Financial (Shenzhen) Co's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 FY Financial (Shenzhen) Co's Debt-to-Equity or its related term are showing as below:

HKSE:08452' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.91 Max: 1.64
Current: 0.03

During the past 10 years, the highest Debt-to-Equity Ratio of FY Financial (Shenzhen) Co was 1.64. The lowest was 0.00. And the median was 0.91.

HKSE:08452's Debt-to-Equity is ranked better than
94.9% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs HKSE:08452: 0.03

FY Financial (Shenzhen) Co Debt-to-Equity Historical Data

The historical data trend for FY Financial (Shenzhen) 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.

FY Financial (Shenzhen) Co Debt-to-Equity Chart

FY Financial (Shenzhen) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.10

0.71

0.02

0.03

FY Financial (Shenzhen) Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	N/A	0.02	N/A	0.03

Competitive Comparison of FY Financial (Shenzhen) Co's Debt-to-Equity

For the Credit Services subindustry, FY Financial (Shenzhen) 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.

FY Financial (Shenzhen) Co's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FY Financial (Shenzhen) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FY Financial (Shenzhen) Co's Debt-to-Equity falls into.

FY Financial (Shenzhen) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FY Financial (Shenzhen) 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
	=	(8.171	+	4.139)	/	485.468
	=	0.03

FY Financial (Shenzhen) 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
	=	(8.171	+	4.139)	/	485.468
	=	0.03

FY Financial (Shenzhen) Co (HKSE:08452) 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.

FY Financial (Shenzhen) Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of FY Financial (Shenzhen) Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

FY Financial (Shenzhen) Co (HKSE:08452) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FY Financial (Shenzhen) Co Ltd (HKSE:08452) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 128 Xinzhou 11th Street, Room 1603, Cheung Kei Building, Futian District, Guangdong, Shenzhen, CHN

Website

http://www.fyleasing.com

FY Financial (Shenzhen) Co Ltd is a financial services company. It focuses on providing financial leasing, provision of factoring and advisory services and customer referral services, and the supply of medical equipment in the People's Republic of China region. The group's segment includes Financial and advisory business and Trading operation business. It derives majority of its revenues from a Financial and advisory business.

Executives

A Plus Capital Management Limited	2102 Investment manager
Tiger Capital Fund Spc - Tiger Global Sp	2101 Beneficial owner
Kkc Capital Limited	2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio	2101 Beneficial owner

FY Financial (Shenzhen) Co (HKSE:08452) Headlines

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