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Jiangyin Jianghua Microelectronics Materials Co (SHSE:603078) Debt-to-Equity : 0.37 (As of Dec. 2023)


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What is Jiangyin Jianghua Microelectronics Materials Co Debt-to-Equity?

Jiangyin Jianghua Microelectronics Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥322 Mil. Jiangyin Jianghua Microelectronics Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥280 Mil. Jiangyin Jianghua Microelectronics Materials Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥1,635 Mil. Jiangyin Jianghua Microelectronics Materials Co's debt to equity for the quarter that ended in Dec. 2023 was 0.37.

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 Jiangyin Jianghua Microelectronics Materials Co's Debt-to-Equity or its related term are showing as below:

SHSE:603078' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.33   Max: 0.58
Current: 0.37

During the past 12 years, the highest Debt-to-Equity Ratio of Jiangyin Jianghua Microelectronics Materials Co was 0.58. The lowest was 0.05. And the median was 0.33.

SHSE:603078's Debt-to-Equity is ranked worse than
60.32% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:603078: 0.37

Jiangyin Jianghua Microelectronics Materials Co Debt-to-Equity Historical Data

The historical data trend for Jiangyin Jianghua Microelectronics Materials 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.

Jiangyin Jianghua Microelectronics Materials Co Debt-to-Equity Chart

Jiangyin Jianghua Microelectronics Materials 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 0.46 0.44 0.58 0.29 0.37

Jiangyin Jianghua Microelectronics Materials 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 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 0.29 0.19 0.19 0.17 0.37

Competitive Comparison of Jiangyin Jianghua Microelectronics Materials Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Jiangyin Jianghua Microelectronics Materials 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.


Jiangyin Jianghua Microelectronics Materials Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Jiangyin Jianghua Microelectronics Materials Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangyin Jianghua Microelectronics Materials Co's Debt-to-Equity falls into.



Jiangyin Jianghua Microelectronics Materials Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangyin Jianghua Microelectronics Materials Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangyin Jianghua Microelectronics Materials 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.


Jiangyin Jianghua Microelectronics Materials Co  (SHSE:603078) 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.


Jiangyin Jianghua Microelectronics Materials Co Debt-to-Equity Related Terms

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Jiangyin Jianghua Microelectronics Materials Co (SHSE:603078) Business Description

Traded in Other Exchanges
N/A
Address
No. 581, Changshou Yungu Road, Zhouzhuang Town, Jiangsu Province, Jiangyin, CHN, 214423
Jiangyin Jianghua Microelectronics Materials Co Ltd is a Chinese company engaged in the production of Semiconductors like TR and IC, Crystalline silicon solar such as solar PV, FPD flat panel display products including TFT-LCD, CF, TP, OLED, PDP, and others, and special wet chemicals required in the manufacturing of LED, silicon, and lithium batteries, among others.

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