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Hangzhou Youngsun Intelligent Equipment Co (SHSE:603901) Debt-to-Equity : 0.67 (As of Sep. 2023)


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What is Hangzhou Youngsun Intelligent Equipment Co Debt-to-Equity?

Hangzhou Youngsun Intelligent Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥281 Mil. Hangzhou Youngsun Intelligent Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥1,491 Mil. Hangzhou Youngsun Intelligent Equipment Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥2,657 Mil. Hangzhou Youngsun Intelligent Equipment Co's debt to equity for the quarter that ended in Sep. 2023 was 0.67.

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 Hangzhou Youngsun Intelligent Equipment Co's Debt-to-Equity or its related term are showing as below:

SHSE:603901' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.39   Max: 0.68
Current: 0.67

During the past 12 years, the highest Debt-to-Equity Ratio of Hangzhou Youngsun Intelligent Equipment Co was 0.68. The lowest was 0.08. And the median was 0.39.

SHSE:603901's Debt-to-Equity is ranked worse than
75.51% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs SHSE:603901: 0.67

Hangzhou Youngsun Intelligent Equipment Co Debt-to-Equity Historical Data

The historical data trend for Hangzhou Youngsun Intelligent Equipment 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.

Hangzhou Youngsun Intelligent Equipment Co Debt-to-Equity Chart

Hangzhou Youngsun Intelligent Equipment Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.58 0.56 0.22 0.59

Hangzhou Youngsun Intelligent Equipment 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 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 0.46 0.59 0.66 0.68 0.67

Competitive Comparison of Hangzhou Youngsun Intelligent Equipment Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Hangzhou Youngsun Intelligent Equipment 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.


Hangzhou Youngsun Intelligent Equipment Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Youngsun Intelligent Equipment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hangzhou Youngsun Intelligent Equipment Co's Debt-to-Equity falls into.



Hangzhou Youngsun Intelligent Equipment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hangzhou Youngsun Intelligent Equipment Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Hangzhou Youngsun Intelligent Equipment 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.


Hangzhou Youngsun Intelligent Equipment Co  (SHSE:603901) 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.


Hangzhou Youngsun Intelligent Equipment Co Debt-to-Equity Related Terms

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Hangzhou Youngsun Intelligent Equipment Co (SHSE:603901) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xiyuan 9th Road, Sandun Town, Xihu District, Zhejiang Province, Hangzhou, CHN, 310030
Hangzhou Youngsun Intelligent Equipment Co Ltd is engaged in the manufacturing of packing equipment and packaging related materials. Its products include labeling machine,case erector,case packer,case sealer,strapping machine,palletizers,wrapping machine.

Hangzhou Youngsun Intelligent Equipment Co (SHSE:603901) Headlines

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