Guangdong Greenway Technology Co (SHSE:688345) Debt-to-Equity : 0.73 (As of Mar. 2025)

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What is Guangdong Greenway Technology Co Debt-to-Equity?

Guangdong Greenway Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥571 Mil. Guangdong Greenway Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥212 Mil. Guangdong Greenway Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥1,069 Mil. Guangdong Greenway Technology Co's debt to equity for the quarter that ended in Mar. 2025 was 0.73.

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 Guangdong Greenway Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:688345' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.36 Max: 0.73
Current: 0.73

During the past 8 years, the highest Debt-to-Equity Ratio of Guangdong Greenway Technology Co was 0.73. The lowest was 0.10. And the median was 0.36.

SHSE:688345's Debt-to-Equity is ranked worse than
78.13% of 2634 companies
in the Industrial Products industry
Industry Median: 0.28 vs SHSE:688345: 0.73

Guangdong Greenway Technology Co Debt-to-Equity Historical Data

The historical data trend for Guangdong Greenway Technology 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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Guangdong Greenway Technology Co Debt-to-Equity Chart

Guangdong Greenway Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.27

0.19

0.48

0.40

0.38

Guangdong Greenway Technology 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															0.45	0.49	0.47	0.38	0.73

Competitive Comparison of Guangdong Greenway Technology Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Guangdong Greenway Technology 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.

Guangdong Greenway Technology Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Greenway Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guangdong Greenway Technology Co's Debt-to-Equity falls into.

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Guangdong Greenway Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guangdong Greenway Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(358.159	+	37.266)	/	1048.494
	=	0.38

Guangdong Greenway Technology Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(570.656	+	212.337)	/	1069.287
	=	0.73

Guangdong Greenway Technology Co (SHSE:688345) 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.

Guangdong Greenway Technology Co Debt-to-Equity Related Terms

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Guangdong Greenway Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Greenway Technology Co Ltd (SHSE:688345) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Dongcheng Street, Tongsha New Industrial Park, Guangdong Province, Dongguan, CHN, 523129

Website

https://www.greenway-battery.com

Guangdong Greenway Technology Co Ltd is engaged in the research and development, manufacturing and sales of lithium-ion batteries. It offers products such as electric motorcycle battery, two wheeled battery, LEV battery, lithium battery and others.

Executives

Chen Zhi Jun	Core technical personnel
Wang Juan	senior management

Guangdong Greenway Technology Co Headlines

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