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Zhejiang Kingland Pipeline and Technologies Co (SZSE:002443) Debt-to-Equity : 0.03 (As of Mar. 2025)


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What is Zhejiang Kingland Pipeline and Technologies Co Debt-to-Equity?

Zhejiang Kingland Pipeline and Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥87 Mil. Zhejiang Kingland Pipeline and Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥5 Mil. Zhejiang Kingland Pipeline and Technologies Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥3,509 Mil. Zhejiang Kingland Pipeline and Technologies Co's debt to equity for the quarter that ended in Mar. 2025 was 0.03.

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 Zhejiang Kingland Pipeline and Technologies Co's Debt-to-Equity or its related term are showing as below:

SZSE:002443' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.15   Max: 0.47
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Zhejiang Kingland Pipeline and Technologies Co was 0.47. The lowest was 0.02. And the median was 0.15.

SZSE:002443's Debt-to-Equity is ranked better than
93.1% of 551 companies
in the Steel industry
Industry Median: 0.43 vs SZSE:002443: 0.03

Zhejiang Kingland Pipeline and Technologies Co Debt-to-Equity Historical Data

The historical data trend for Zhejiang Kingland Pipeline and Technologies 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.

Zhejiang Kingland Pipeline and Technologies Co Debt-to-Equity Chart

Zhejiang Kingland Pipeline and Technologies 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 0.07 0.13 0.22 0.10 0.03

Zhejiang Kingland Pipeline and Technologies 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 0.08 0.02 0.03 0.03 0.03

Competitive Comparison of Zhejiang Kingland Pipeline and Technologies Co's Debt-to-Equity

For the Steel subindustry, Zhejiang Kingland Pipeline and Technologies 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.


Zhejiang Kingland Pipeline and Technologies Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhejiang Kingland Pipeline and Technologies Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhejiang Kingland Pipeline and Technologies Co's Debt-to-Equity falls into.


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Zhejiang Kingland Pipeline and Technologies Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhejiang Kingland Pipeline and Technologies Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Zhejiang Kingland Pipeline and Technologies 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.


Zhejiang Kingland Pipeline and Technologies Co  (SZSE:002443) 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.


Zhejiang Kingland Pipeline and Technologies Co Debt-to-Equity Related Terms

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Zhejiang Kingland Pipeline and Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Taolin Road, Room 703, Block A, Huanqiu Guangchang, Pudong, Shanghai, CHN, 200135
Zhejiang Kingland Pipeline and Technologies Co Ltd is engaged in manufacturing and sales of welded steel pipe products. Its products include SAWL Pipe, HFW Pipe, SAWH Pipe, FBE/2PE/3PE Coated Pipe, and Hot-dip galvanized pipe/Black Pipe.
Executives
Shen Bai Fang Executives
Shen Gan Rong Directors, executives
Gu Su Min Director
Shen Yong Quan Executives
Dong Guo Hua Supervisors
Qian Li Xiong Executives
Xu Shui Rong Director
Yu Jin Fang Director
Zhou Xin Hua Director
Yang Wei Fang Executives
Wu Wei Ping Directors, executives
Yu Min Hong Directors, executives

Zhejiang Kingland Pipeline and Technologies Co Headlines

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