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GuangYuYuan Chinese Herbal Medicine Co (SHSE:600771) Debt-to-Equity

: 0.19 (As of Sep. 2023)
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GuangYuYuan Chinese Herbal Medicine Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥246 Mil. GuangYuYuan Chinese Herbal Medicine Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥42 Mil. GuangYuYuan Chinese Herbal Medicine Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥1,506 Mil. GuangYuYuan Chinese Herbal Medicine Co's debt to equity for the quarter that ended in Sep. 2023 was 0.19.

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 GuangYuYuan Chinese Herbal Medicine Co's Debt-to-Equity or its related term are showing as below:

SHSE:600771' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.12   Max: 0.59
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of GuangYuYuan Chinese Herbal Medicine Co was 0.59. The lowest was 0.00. And the median was 0.12.

SHSE:600771's Debt-to-Equity is ranked better than
61.19% of 858 companies
in the Drug Manufacturers industry
Industry Median: 0.29 vs SHSE:600771: 0.19

GuangYuYuan Chinese Herbal Medicine Co Debt-to-Equity Historical Data

The historical data trend for GuangYuYuan Chinese Herbal Medicine 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.

GuangYuYuan Chinese Herbal Medicine Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.10 0.20 0.20 0.31

GuangYuYuan Chinese Herbal Medicine Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.21 0.31 0.32 0.22 0.19

Competitive Comparison

For the Drug Manufacturers - General subindustry, GuangYuYuan Chinese Herbal Medicine 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.


GuangYuYuan Chinese Herbal Medicine Co Debt-to-Equity Distribution

For the Drug Manufacturers industry and Healthcare sector, GuangYuYuan Chinese Herbal Medicine Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GuangYuYuan Chinese Herbal Medicine Co's Debt-to-Equity falls into.



GuangYuYuan Chinese Herbal Medicine Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GuangYuYuan Chinese Herbal Medicine Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

GuangYuYuan Chinese Herbal Medicine Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


GuangYuYuan Chinese Herbal Medicine Co  (SHSE:600771) 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.


GuangYuYuan Chinese Herbal Medicine Co Debt-to-Equity Related Terms

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GuangYuYuan Chinese Herbal Medicine Co (SHSE:600771) Business Description

Traded in Other Exchanges
N/A
Address
Gaoxin 6th Road, High-tech Zone, No. 52, Liren Technology Park, Building A, 6th Floor, Xi'an, Shaanxi, CHN
GuangYuYuan Chinese Herbal Medicine Co Ltd distributes pharmaceutical products. Its products include far plate turtle age wine bottle, niuhuang qingxin pills, boutique angong niuhuang wan, modified turtle age wine, ding kundan, and many more.

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