Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is Jiangsu Wuyang Automation Control Technology Co Debt-to-Equity?

Jiangsu Wuyang Automation Control Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥101 Mil. Jiangsu Wuyang Automation Control Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥64 Mil. Jiangsu Wuyang Automation Control Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,450 Mil. Jiangsu Wuyang Automation Control Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 Wuyang Automation Control Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:300420' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.18
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Jiangsu Wuyang Automation Control Technology Co was 0.18. The lowest was 0.01. And the median was 0.07.

SZSE:300420's Debt-to-Equity is ranked better than
85.62% of 480 companies
in the Conglomerates industry
Industry Median: 0.56 vs SZSE:300420: 0.07

Jiangsu Wuyang Automation Control Technology Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Wuyang Automation Control Technology 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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Jiangsu Wuyang Automation Control Technology Co Debt-to-Equity Chart

Jiangsu Wuyang Automation Control Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.10

0.16

0.06

0.07

Jiangsu Wuyang Automation Control Technology 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															0.07	0.07	0.07	0.07	0.07

Competitive Comparison of Jiangsu Wuyang Automation Control Technology Co's Debt-to-Equity

For the Conglomerates subindustry, Jiangsu Wuyang Automation Control Technology 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 Wuyang Automation Control Technology Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jiangsu Wuyang Automation Control Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Wuyang Automation Control Technology Co's Debt-to-Equity falls into.

Jiangsu Wuyang Automation Control Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Wuyang Automation Control Technology 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
	=	(114.189	+	63.856)	/	2444.678
	=	0.07

Jiangsu Wuyang Automation Control Technology 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
	=	(101.111	+	63.874)	/	2449.998
	=	0.07

Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) 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 Wuyang Automation Control Technology Co Debt-to-Equity Related Terms

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Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jiangsu Wuyang Automation Control Technology Co Ltd (SZSE:300420) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

East of Yinshan Road, Zhujiang North Road, Tongshan New District, Xuzhou, CHN, 221116

Website

http://www.wuyangkeji.com

Jiangsu Wuyang Parking Industry Group Co Ltd is a conglomerate. Its main business covers intelligent garage, automated production line, three-dimensional storage, mine safety equipment, unmanned ships, financial services, six major sections, with Wuyang, Flextronics two brands, under the jurisdiction of Xuzhou, Shenzhen, Hefei and other bases. Based on industrial control technology, the company focuses on the Research and Development, design, production, and sales of automation equipment. It also has a smart garage business.

Executives

Hou You Fu	Director
Zhang Ye	Supervisors
Hu Yun Gao	Directors, executives
Cai Min	Director
Sun Jin Ming	Directors, executives
Liu Long Bao	Director
Tong Min	Director
Zhang Li Yong	Directors, executives
Wang Chong Gui	Independent director
Du Jin Feng	Director

Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) Headlines

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