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Hundsun Technologies (SHSE:600570) Debt-to-Equity : 0.05 (As of Mar. 2024)


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What is Hundsun Technologies Debt-to-Equity?

Hundsun Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥174 Mil. Hundsun Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥197 Mil. Hundsun Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥7,962 Mil. Hundsun Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 Hundsun Technologies's Debt-to-Equity or its related term are showing as below:

SHSE:600570' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.06   Max: 0.15
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Hundsun Technologies was 0.15. The lowest was 0.02. And the median was 0.06.

SHSE:600570's Debt-to-Equity is ranked better than
78.01% of 2224 companies
in the Software industry
Industry Median: 0.21 vs SHSE:600570: 0.05

Hundsun Technologies Debt-to-Equity Historical Data

The historical data trend for Hundsun Technologies'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.

Hundsun Technologies Debt-to-Equity Chart

Hundsun Technologies 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 0.06 0.06 0.10 0.03 0.06

Hundsun Technologies 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 0.03 0.12 0.12 0.06 0.05

Competitive Comparison of Hundsun Technologies's Debt-to-Equity

For the Software - Application subindustry, Hundsun Technologies'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.


Hundsun Technologies's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Hundsun Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hundsun Technologies's Debt-to-Equity falls into.



Hundsun Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hundsun Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hundsun Technologies'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.


Hundsun Technologies  (SHSE:600570) 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.


Hundsun Technologies Debt-to-Equity Related Terms

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


Hundsun Technologies (SHSE:600570) Business Description

Traded in Other Exchanges
N/A
Address
3588 Jiangnan Road, 11 / F, Hang Seng Building, Binjiang District, Hangzhou, CHN, 310053
Hundsun Technologies Inc provides financial software and network services in China. It offers integrated solutions and services to the institutions of securities, futures, funds, trust, insurance, bank, exchange, and private placement. The company also provides wealth management tools to individual investors.

Hundsun Technologies (SHSE:600570) Headlines

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