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GuangdongCA Precision Manufacturing Co (SZSE:300464) Debt-to-Equity : 0.85 (As of Mar. 2024)


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What is GuangdongCA Precision Manufacturing Co Debt-to-Equity?

GuangdongCA Precision Manufacturing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥395 Mil. GuangdongCA Precision Manufacturing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥92 Mil. GuangdongCA Precision Manufacturing Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥571 Mil. GuangdongCA Precision Manufacturing Co's debt to equity for the quarter that ended in Mar. 2024 was 0.85.

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 GuangdongCA Precision Manufacturing Co's Debt-to-Equity or its related term are showing as below:

SZSE:300464' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.51   Max: 8.64
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of GuangdongCA Precision Manufacturing Co was 8.64. The lowest was 0.10. And the median was 0.51.

SZSE:300464's Debt-to-Equity is ranked worse than
80.89% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.345 vs SZSE:300464: 0.85

GuangdongCA Precision Manufacturing Co Debt-to-Equity Historical Data

The historical data trend for GuangdongCA Precision Manufacturing 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.

GuangdongCA Precision Manufacturing Co Debt-to-Equity Chart

GuangdongCA Precision Manufacturing 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 0.22 0.44 1.72 6.05 0.64

GuangdongCA Precision Manufacturing 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 5.59 8.64 0.80 0.64 0.85

Competitive Comparison of GuangdongCA Precision Manufacturing Co's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, GuangdongCA Precision Manufacturing 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.


GuangdongCA Precision Manufacturing Co's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, GuangdongCA Precision Manufacturing Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GuangdongCA Precision Manufacturing Co's Debt-to-Equity falls into.



GuangdongCA Precision Manufacturing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GuangdongCA Precision Manufacturing Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

GuangdongCA Precision Manufacturing 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.


GuangdongCA Precision Manufacturing Co  (SZSE:300464) 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.


GuangdongCA Precision Manufacturing Co Debt-to-Equity Related Terms

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GuangdongCA Precision Manufacturing Co (SZSE:300464) Business Description

Traded in Other Exchanges
N/A
Address
7 Industrial Road, Shunde Beijiao Economic Development Zone Industrial Park, Guangdong Province, Shunde, CHN, 528311
Guangdong SACA Precision Manufacturing Co Ltd is metal connector supplier. Its engaged in manufacturing slides, hinges and other hardware for industries including furniture, electrical equipment, industry, financial equipment, and car.
Executives
Zhu Jia Jia Director
Chen Hui Yin Directors, executives
Sun Cai Jin Director
Bao Wei Supervisors, securities affairs representatives
Zhang Mei Sheng Executives
Yang Le Executives
Yang Ren Zhou Executives
Zhang Yang Supervisors
Cai Wen Hua Director

GuangdongCA Precision Manufacturing Co (SZSE:300464) Headlines

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