HyUnion Holding Co (SZSE:002537) Debt-to-Equity : 0.35 (As of Mar. 2024)

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What is HyUnion Holding Co Debt-to-Equity?

HyUnion Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥908 Mil. HyUnion Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥583 Mil. HyUnion Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,207 Mil. HyUnion Holding Co's debt to equity for the quarter that ended in Mar. 2024 was 0.35.

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

SZSE:002537' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.53
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of HyUnion Holding Co was 0.53. The lowest was 0.02. And the median was 0.10.

SZSE:002537's Debt-to-Equity is ranked better than
60.36% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SZSE:002537: 0.35

HyUnion Holding Co Debt-to-Equity Historical Data

The historical data trend for HyUnion Holding 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.

HyUnion Holding Co Debt-to-Equity Chart

HyUnion Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.10

0.07

0.15

0.35

HyUnion Holding Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.24	0.26	0.35	0.35

Competitive Comparison of HyUnion Holding Co's Debt-to-Equity

For the Auto Parts subindustry, HyUnion Holding 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.

HyUnion Holding Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HyUnion Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HyUnion Holding Co's Debt-to-Equity falls into.

HyUnion Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HyUnion Holding 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
	=	(839.255	+	628.011)	/	4199.773
	=	0.35

HyUnion Holding Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(907.943	+	582.69)	/	4207.376
	=	0.35

HyUnion Holding Co (SZSE:002537) 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.

HyUnion Holding Co Debt-to-Equity Related Terms

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

HyUnion Holding Co (SZSE:002537) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HyUnion Holding Co Ltd (SZSE:002537) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Green Granville Road No. 1626, Economic Technology Development Zone, Jimo, Qingdao, CHN, 266200

Website

http://www.haili.com.cn

HyUnion Holding Co Ltd is engaged in the manufacturing and distribution of sheet-metal stamping products including appliances, auto parts, micro-motor and electric motor parts. In addition, the company also engaged in the financial technology business which includes mobile information service, third-party payment service, large data service, billing and clearing service for operators, and cross-border e-commerce service.

Executives

Wu Ying	Director
Yang Liang Gang	Supervisors
Wang Jing	Supervisors
Zhou Jian Fu	Directors, Directors, and Executives
Sun Gang	Director

HyUnion Holding Co (SZSE:002537) Headlines

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