Shanghai Jiaoda Withub Information Industrial Co (HKSE:08205) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Shanghai Jiaoda Withub Information Industrial Co Debt-to-Equity?

Shanghai Jiaoda Withub Information Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.51 Mil. Shanghai Jiaoda Withub Information Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Shanghai Jiaoda Withub Information Industrial Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$20.53 Mil. Shanghai Jiaoda Withub Information Industrial Co's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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 Shanghai Jiaoda Withub Information Industrial Co's Debt-to-Equity or its related term are showing as below:

HKSE:08205' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.12 Max: 0.17
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Jiaoda Withub Information Industrial Co was 0.17. The lowest was 0.11. And the median was 0.12.

HKSE:08205's Debt-to-Equity is ranked better than
61.2% of 2219 companies
in the Software industry
Industry Median: 0.21 vs HKSE:08205: 0.12

Shanghai Jiaoda Withub Information Industrial Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Jiaoda Withub Information Industrial 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.

Shanghai Jiaoda Withub Information Industrial Co Debt-to-Equity Chart

Shanghai Jiaoda Withub Information Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.11

0.17

0.12

Shanghai Jiaoda Withub Information Industrial 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															0.17	N/A	0.12	N/A	0.12

Competitive Comparison of Shanghai Jiaoda Withub Information Industrial Co's Debt-to-Equity

For the Software - Application subindustry, Shanghai Jiaoda Withub Information Industrial 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.

Shanghai Jiaoda Withub Information Industrial Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Jiaoda Withub Information Industrial Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Jiaoda Withub Information Industrial Co's Debt-to-Equity falls into.

Shanghai Jiaoda Withub Information Industrial Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Jiaoda Withub Information Industrial 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
	=	(2.508	+	0)	/	20.528
	=	0.12

Shanghai Jiaoda Withub Information Industrial 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
	=	(2.508	+	0)	/	20.528
	=	0.12

Shanghai Jiaoda Withub Information Industrial Co (HKSE:08205) 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.

Shanghai Jiaoda Withub Information Industrial Co Debt-to-Equity Related Terms

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Shanghai Jiaoda Withub Information Industrial Co (HKSE:08205) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Jiaoda Withub Information Industrial Co Ltd (HKSE:08205) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Building A, No. 951 Panyu Road, Shanghai Jiaoda Withub Information Park, Shanghai, CHN, 200030

Website

http://www.withub.com.cn

Shanghai Jiaoda Withub Information Industrial Co Ltd is engaged in computer network and internet security integration, application software development, building intelligent system integration, and information technology products sales agent. The business of company operates through two segments that include Business application project and application software & Sales of Products. The Business Application Project and Application Software segment is engaged in the development and provision of business application project services, including business solutions, application software, installation & maintenance services, and data security products. The Business Application Solutions generate maximum revenue for the company. It offers its services only to the People's Republic of China region.

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