Dongguan Winnerway Industrial Zone (SZSE:000573) Debt-to-Equity : 0.20 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Dongguan Winnerway Industrial Zone Debt-to-Equity?

Dongguan Winnerway Industrial Zone's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥238.9 Mil. Dongguan Winnerway Industrial Zone's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥98.5 Mil. Dongguan Winnerway Industrial Zone's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,652.4 Mil. Dongguan Winnerway Industrial Zone's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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 Dongguan Winnerway Industrial Zone's Debt-to-Equity or its related term are showing as below:

SZSE:000573' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.44 Max: 0.74
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Dongguan Winnerway Industrial Zone was 0.74. The lowest was 0.15. And the median was 0.44.

SZSE:000573's Debt-to-Equity is ranked better than
78.88% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs SZSE:000573: 0.20

Dongguan Winnerway Industrial Zone Debt-to-Equity Historical Data

The historical data trend for Dongguan Winnerway Industrial Zone'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.

Dongguan Winnerway Industrial Zone Debt-to-Equity Chart

Dongguan Winnerway Industrial Zone Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.37

0.52

0.15

0.20

0.23

Dongguan Winnerway Industrial Zone 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															0.24	0.20	0.25	0.23	0.20

Competitive Comparison of Dongguan Winnerway Industrial Zone's Debt-to-Equity

For the Real Estate Services subindustry, Dongguan Winnerway Industrial Zone'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.

Dongguan Winnerway Industrial Zone's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dongguan Winnerway Industrial Zone's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dongguan Winnerway Industrial Zone's Debt-to-Equity falls into.

Dongguan Winnerway Industrial Zone Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dongguan Winnerway Industrial Zone'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
	=	(239.035	+	143.94)	/	1670.559
	=	0.23

Dongguan Winnerway Industrial Zone'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
	=	(238.896	+	98.508)	/	1652.4
	=	0.20

Dongguan Winnerway Industrial Zone (SZSE:000573) 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.

Dongguan Winnerway Industrial Zone Debt-to-Equity Related Terms

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

Dongguan Winnerway Industrial Zone (SZSE:000573) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dongguan Winnerway Industrial Zone Ltd (SZSE:000573) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Hongyuan Industrial Zone, Hongyuan Road Builing 16th Floor, Nancheng District, Guangdong Province, Dongguan, CHN, 523087

Website

http://www.winnerway.com.cn

Dongguan Winnerway Industrial Zone Ltd is mainly engaged in the development, operation, sale and lease of real estate in China. The company is also involved in the construction of water supply and electric power projects.

Dongguan Winnerway Industrial Zone (SZSE:000573) Headlines

No Headlines