Huabao Flavours & Fragrances Co (SZSE:300741) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Huabao Flavours & Fragrances Co Debt-to-Equity?

Huabao Flavours & Fragrances Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥244 Mil. Huabao Flavours & Fragrances Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥41 Mil. Huabao Flavours & Fragrances Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥7,280 Mil. Huabao Flavours & Fragrances Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 Huabao Flavours & Fragrances Co's Debt-to-Equity or its related term are showing as below:

SZSE:300741' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.07
Current: 0.04

During the past 10 years, the highest Debt-to-Equity Ratio of Huabao Flavours & Fragrances Co was 0.07. The lowest was 0.00. And the median was 0.01.

SZSE:300741's Debt-to-Equity is ranked better than
89.34% of 1389 companies
in the Chemicals industry
Industry Median: 0.36 vs SZSE:300741: 0.04

Huabao Flavours & Fragrances Co Debt-to-Equity Historical Data

The historical data trend for Huabao Flavours & Fragrances 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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Huabao Flavours & Fragrances Co Debt-to-Equity Chart

Huabao Flavours & Fragrances Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.07

0.05

Huabao Flavours & Fragrances 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															0.03	0.04	0.04	0.05	0.04

Competitive Comparison of Huabao Flavours & Fragrances Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Huabao Flavours & Fragrances 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.

Huabao Flavours & Fragrances Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huabao Flavours & Fragrances Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Huabao Flavours & Fragrances Co's Debt-to-Equity falls into.

Huabao Flavours & Fragrances Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huabao Flavours & Fragrances 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
	=	(279.088	+	42.386)	/	7187.556
	=	0.04

Huabao Flavours & Fragrances 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
	=	(244.444	+	41.479)	/	7280.012
	=	0.04

Huabao Flavours & Fragrances Co (SZSE:300741) 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.

Huabao Flavours & Fragrances Co Debt-to-Equity Related Terms

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Huabao Flavours & Fragrances Co (SZSE:300741) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Huabao Flavours & Fragrances Co Ltd (SZSE:300741) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th Floor, Investment Tower, Galsang Road, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 851418

Website

http://www.hbflavor.com

Huabao Flavours & Fragrances Co Ltd is principally engaged in the research and development, production, sales and services of tobacco flavors, food flavors, daily chemical flavors and food ingredients. It owns a series of well-known flavor brands, such as Huabao, H&K, Tianhong, HEDON, Hua Fang, Owada, and Amber. Geographically, the business activities of the group are carried out through the region of China.

Executives

Zhu Qi	Supervisors
Zhu Lin Yao	Director

Huabao Flavours & Fragrances Co (SZSE:300741) Headlines

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