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Sansheng Intellectual Education Technology Co (SZSE:300282) Debt-to-Equity : 0.28 (As of Sep. 2023)


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What is Sansheng Intellectual Education Technology Co Debt-to-Equity?

Sansheng Intellectual Education Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥228.3 Mil. Sansheng Intellectual Education Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥135.9 Mil. Sansheng Intellectual Education Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥1,314.3 Mil. Sansheng Intellectual Education Technology Co's debt to equity for the quarter that ended in Sep. 2023 was 0.28.

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 Sansheng Intellectual Education Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:300282' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.08   Max: 0.29
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Sansheng Intellectual Education Technology Co was 0.29. The lowest was 0.00. And the median was 0.08.

SZSE:300282's Debt-to-Equity is ranked better than
55.31% of 226 companies
in the Education industry
Industry Median: 0.345 vs SZSE:300282: 0.28

Sansheng Intellectual Education Technology Co Debt-to-Equity Historical Data

The historical data trend for Sansheng Intellectual Education 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.

* Premium members only.

Sansheng Intellectual Education Technology Co Debt-to-Equity Chart

Sansheng Intellectual Education Technology 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 0.08 0.08 0.06 0.05 0.28

Sansheng Intellectual Education Technology 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 0.20 0.28 0.29 0.28 0.28

Competitive Comparison of Sansheng Intellectual Education Technology Co's Debt-to-Equity

For the Education & Training Services subindustry, Sansheng Intellectual Education 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.


Sansheng Intellectual Education Technology Co's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Sansheng Intellectual Education Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sansheng Intellectual Education Technology Co's Debt-to-Equity falls into.



Sansheng Intellectual Education Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sansheng Intellectual Education Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sansheng Intellectual Education Technology 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.


Sansheng Intellectual Education Technology Co  (SZSE:300282) 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.


Sansheng Intellectual Education Technology Co Debt-to-Equity Related Terms

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Sansheng Intellectual Education Technology Co (SZSE:300282) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, M8 Building, No 1 Jiuxianqiao East Road, Chaoyang District, Beijing, CHN, 100015
Sansheng Intellectual Education Technology Co Ltd is a provider of intelligent education equipment and smart education solutions in China. The company has three business segments: the Smart Education segment, Intelligent Education Equipment segment and the Education Services segment. The Smart Education segment focuses on smart education services and personalized learning. The Intelligent Education Equipment segment mainly develops and sells intelligent peripheral devices and intelligent interactive products such as optical touch, smartpen and wireless transmission. The company's products are widely used in intelligent interactive products in the financial, transportation, retail and other industries.

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