GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Xiamen GP Electronics Co Ltd (SZSE:300632) » Definitions » Debt-to-Equity

Xiamen GP Electronics Co (SZSE:300632) Debt-to-Equity : 0.18 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Xiamen GP Electronics Co Debt-to-Equity?

Xiamen GP Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥248.4 Mil. Xiamen GP Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥96.8 Mil. Xiamen GP Electronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,893.8 Mil. Xiamen GP Electronics Co's debt to equity for the quarter that ended in Mar. 2024 was 0.18.

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 Xiamen GP Electronics Co's Debt-to-Equity or its related term are showing as below:

SZSE:300632' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.17   Max: 0.49
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Xiamen GP Electronics Co was 0.49. The lowest was 0.04. And the median was 0.17.

SZSE:300632's Debt-to-Equity is ranked better than
68.85% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.345 vs SZSE:300632: 0.18

Xiamen GP Electronics Co Debt-to-Equity Historical Data

The historical data trend for Xiamen GP Electronics 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.

Xiamen GP Electronics Co Debt-to-Equity Chart

Xiamen GP Electronics 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 0.21 0.08 0.09 0.22 0.18

Xiamen GP Electronics 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 0.23 0.19 0.22 0.18 0.18

Competitive Comparison of Xiamen GP Electronics Co's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Xiamen GP Electronics 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.


Xiamen GP Electronics Co's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Xiamen GP Electronics Co's Debt-to-Equity falls into.



Xiamen GP Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xiamen GP Electronics Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Xiamen GP Electronics 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.


Xiamen GP Electronics Co  (SZSE:300632) 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.


Xiamen GP Electronics Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Xiamen GP Electronics Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Xiamen GP Electronics Co (SZSE:300632) Business Description

Traded in Other Exchanges
N/A
Address
No.608 Lingdou West Road, Siming District, Fujian Province, Xiamen, CHN, 361009
Xiamen GP Electronics Co Ltd is a China-based company engages in the manufacture, and sale of LED packaging and application products. It is also engaged in the research and development of key components (LED packaging, LED backlight components, FPC) for LED lighting and LED applications.
Executives
Lin Rui Mei Director
Lin Wen Kun Directors, executives
Peng Xin Xia Executives
Wu Xi Min Directors, executives
Zhan Qing Rong Securities Affairs Representative

Xiamen GP Electronics Co (SZSE:300632) Headlines

No Headlines