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Jiangsu Baoli International Investment Co (SZSE:300135) Debt-to-Equity : 0.98 (As of Mar. 2024)


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What is Jiangsu Baoli International Investment Co Debt-to-Equity?

Jiangsu Baoli International Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥937 Mil. Jiangsu Baoli International Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1 Mil. Jiangsu Baoli International Investment Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥958 Mil. Jiangsu Baoli International Investment Co's debt to equity for the quarter that ended in Mar. 2024 was 0.98.

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 Jiangsu Baoli International Investment Co's Debt-to-Equity or its related term are showing as below:

SZSE:300135' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77   Med: 1.03   Max: 1.79
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of Jiangsu Baoli International Investment Co was 1.79. The lowest was 0.77. And the median was 1.03.

SZSE:300135's Debt-to-Equity is ranked worse than
83.66% of 355 companies
in the Building Materials industry
Industry Median: 0.38 vs SZSE:300135: 0.98

Jiangsu Baoli International Investment Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Baoli International Investment 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.

Jiangsu Baoli International Investment Co Debt-to-Equity Chart

Jiangsu Baoli International Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.82 0.80 1.03 1.00

Jiangsu Baoli International Investment 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 1.23 1.25 1.00 0.98

Competitive Comparison of Jiangsu Baoli International Investment Co's Debt-to-Equity

For the Building Materials subindustry, Jiangsu Baoli International Investment 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.


Jiangsu Baoli International Investment Co's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Jiangsu Baoli International Investment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Baoli International Investment Co's Debt-to-Equity falls into.



Jiangsu Baoli International Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Baoli International Investment Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangsu Baoli International Investment Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Jiangsu Baoli International Investment Co  (SZSE:300135) 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.


Jiangsu Baoli International Investment Co Debt-to-Equity Related Terms

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Jiangsu Baoli International Investment Co (SZSE:300135) Business Description

Traded in Other Exchanges
N/A
Address
Yunting Industrial Park, Jiangyin City, CHN, 214422
Jiangsu Baoli International Investment Co Ltd is a professional production of road asphalt series products. Its modified asphalt products are general type modified asphalt and emulsified asphalt and emulsified asphalt with high iron and airport runway special asphalt, high viscosity modified bitumen, high strength (modulus), high elastic modified asphalt and rubber modified asphalt, liquid petroleum asphalt. The company also sells warehousing, import heavy oil asphalt, and the domestic heavy traffic asphalt.
Executives
Zhou De Hong Director
Zhou Zi Wei Directors, executives
Gu Quan Feng Directors, executives
Chen Yong Qin Directors, Directors, and Executives
Zhang Yu Ding Directors, executives
Xu Jian Juan Director
Wang Hong Bing Directors, executives
Ding Wei Supervisors

Jiangsu Baoli International Investment Co (SZSE:300135) Headlines

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