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China Animal Husbandry Industry Co (SHSE:600195) Debt-to-Equity

: 0.25 (As of Dec. 2023)
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China Animal Husbandry Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥463 Mil. China Animal Husbandry Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥901 Mil. China Animal Husbandry Industry Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥5,521 Mil. China Animal Husbandry Industry Co's debt to equity for the quarter that ended in Dec. 2023 was 0.25.

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 China Animal Husbandry Industry Co's Debt-to-Equity or its related term are showing as below:

SHSE:600195' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.38
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of China Animal Husbandry Industry Co was 0.38. The lowest was 0.01. And the median was 0.05.

SHSE:600195's Debt-to-Equity is ranked better than
53.68% of 855 companies
in the Drug Manufacturers industry
Industry Median: 0.29 vs SHSE:600195: 0.25

China Animal Husbandry Industry Co Debt-to-Equity Historical Data

The historical data trend for China Animal Husbandry Industry 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.

China Animal Husbandry Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.04 0.04 0.06 0.25

China Animal Husbandry Industry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.06 0.08 0.14 0.19 0.25

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, China Animal Husbandry Industry 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.


China Animal Husbandry Industry Co Debt-to-Equity Distribution

For the Drug Manufacturers industry and Healthcare sector, China Animal Husbandry Industry Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Animal Husbandry Industry Co's Debt-to-Equity falls into.



China Animal Husbandry Industry Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Animal Husbandry Industry Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

China Animal Husbandry Industry Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


China Animal Husbandry Industry Co  (SHSE:600195) 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.


China Animal Husbandry Industry Co Debt-to-Equity Related Terms

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China Animal Husbandry Industry Co (SHSE:600195) Business Description

Traded in Other Exchanges
N/A
Address
No. 188 S. 4th Ring West Road, District 8, Building 16-19, Fengtai, Beijing, Beijing, CHN, 100070
China Animal Husbandry Industry Co Ltd is mainly engaged in the R&D and production of veterinary vaccines and diagnostic reagents, feed and feed additives, and other veterinary drugs.

China Animal Husbandry Industry Co (SHSE:600195) Headlines

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