China Bohai Bank Co (HKSE:09668) Debt-to-Equity : 2.38 (As of Dec. 2023)

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What is China Bohai Bank Co Debt-to-Equity?

China Bohai Bank Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. China Bohai Bank Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$297,550 Mil. China Bohai Bank Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$125,131 Mil. China Bohai Bank Co's debt to equity for the quarter that ended in Dec. 2023 was 2.38.

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 Bohai Bank Co's Debt-to-Equity or its related term are showing as below:

HKSE:09668' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.22 Med: 2.43 Max: 3.92
Current: 2.38

During the past 7 years, the highest Debt-to-Equity Ratio of China Bohai Bank Co was 3.92. The lowest was 2.22. And the median was 2.43.

HKSE:09668's Debt-to-Equity is ranked worse than
88.16% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs HKSE:09668: 2.38

China Bohai Bank Co Debt-to-Equity Historical Data

The historical data trend for China Bohai Bank 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.

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China Bohai Bank Co Debt-to-Equity Chart

China Bohai Bank Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.43

2.22

2.32

2.56

2.38

China Bohai Bank Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							2.32	2.46	2.56	2.43	2.38

Competitive Comparison of China Bohai Bank Co's Debt-to-Equity

For the Banks - Regional subindustry, China Bohai Bank 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.

China Bohai Bank Co's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Bohai Bank Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Bohai Bank Co's Debt-to-Equity falls into.

China Bohai Bank Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Bohai Bank 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	+	297550.466)	/	125131.259
	=	2.38

China Bohai Bank 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	+	297550.466)	/	125131.259
	=	2.38

China Bohai Bank Co (HKSE:09668) 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 Bohai Bank Co Debt-to-Equity Related Terms

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China Bohai Bank Co (HKSE:09668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Bohai Bank Co Ltd (HKSE:09668) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 218 Haihe East Road, Hedong District, Tianjin, CHN, 300012

Website

https://www.cbhb.com.cn

China Bohai Bank Co Ltd offers banking services. Its operating segments are Corporate Banking, Retail Banking, Financial market business, and others. The company generates its revenue from the Corporate banking segment, which offers products and services such as corporate loans, advances, trade financing, deposit-taking activities, agency services, wealth management services, and other services. The Retail segment includes services such as personal loans, deposit-taking activities, personal wealth management services, and remittance services. The Financial market business includes inter-bank money market transactions, repurchase transactions, and investments. Geographically, the bank operates only in China.

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