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Quectel Wireless Solutions Co (SHSE:603236) Debt-to-Equity : 0.66 (As of Mar. 2025)


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What is Quectel Wireless Solutions Co Debt-to-Equity?

Quectel Wireless Solutions Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1,723 Mil. Quectel Wireless Solutions Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1,098 Mil. Quectel Wireless Solutions Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥4,246 Mil. Quectel Wireless Solutions Co's debt to equity for the quarter that ended in Mar. 2025 was 0.66.

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 Quectel Wireless Solutions Co's Debt-to-Equity or its related term are showing as below:

SHSE:603236' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.57   Max: 1.09
Current: 0.66

During the past 12 years, the highest Debt-to-Equity Ratio of Quectel Wireless Solutions Co was 1.09. The lowest was 0.01. And the median was 0.57.

SHSE:603236's Debt-to-Equity is ranked worse than
75.36% of 2163 companies
in the Hardware industry
Industry Median: 0.28 vs SHSE:603236: 0.66

Quectel Wireless Solutions Co Debt-to-Equity Historical Data

The historical data trend for Quectel Wireless Solutions 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.

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Quectel Wireless Solutions Co Debt-to-Equity Chart

Quectel Wireless Solutions Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.61 0.83 0.77 0.65

Quectel Wireless Solutions Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.88 0.83 0.75 0.65 0.66

Competitive Comparison of Quectel Wireless Solutions Co's Debt-to-Equity

For the Communication Equipment subindustry, Quectel Wireless Solutions 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.


Quectel Wireless Solutions Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Quectel Wireless Solutions Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Quectel Wireless Solutions Co's Debt-to-Equity falls into.


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Quectel Wireless Solutions Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quectel Wireless Solutions Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quectel Wireless Solutions Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


Quectel Wireless Solutions Co  (SHSE:603236) 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.


Quectel Wireless Solutions Co Debt-to-Equity Related Terms

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Quectel Wireless Solutions Co Business Description

Traded in Other Exchanges
N/A
Address
No.1016 Tianlin Road, Building 5, Shanghai Business Park, Minhang District, Shanghai, CHN, 200233
Quectel Wireless Solutions Co Ltd is engaged in the design, development of cellular communication modules. It primarily supplies 5G, LTE, LTE-A, LPWA, Smart Module, C-V2X, GSM/GPRS and GNSS modules.
Executives
Qian Peng He Directors, senior managers
Zhang Dong Directors, senior managers
Zheng Lei senior management
Yang Zhong Zhi senior management
Huang Zhong Lin Director

Quectel Wireless Solutions Co Headlines

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