Suzhou Jcon Building Technology Co (BJSE:836149) Debt-to-Equity : 1.85 (As of Mar. 2024)

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What is Suzhou Jcon Building Technology Co Debt-to-Equity?

Suzhou Jcon Building Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥248.1 Mil. Suzhou Jcon Building Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥108.6 Mil. Suzhou Jcon Building Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥193.1 Mil. Suzhou Jcon Building Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 1.85.

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 Suzhou Jcon Building Technology Co's Debt-to-Equity or its related term are showing as below:

BJSE:836149' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.82 Max: 1.85
Current: 1.85

During the past 11 years, the highest Debt-to-Equity Ratio of Suzhou Jcon Building Technology Co was 1.85. The lowest was 0.01. And the median was 0.82.

BJSE:836149's Debt-to-Equity is ranked worse than
89.7% of 1525 companies
in the Construction industry
Industry Median: 0.44 vs BJSE:836149: 1.85

Suzhou Jcon Building Technology Co Debt-to-Equity Historical Data

The historical data trend for Suzhou Jcon Building 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.

Suzhou Jcon Building Technology Co Debt-to-Equity Chart

Suzhou Jcon Building Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.78

0.94

1.34

1.55

1.79

Suzhou Jcon Building Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.59	1.64	1.75	1.79	1.85

Competitive Comparison of Suzhou Jcon Building Technology Co's Debt-to-Equity

For the Engineering & Construction subindustry, Suzhou Jcon Building 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.

Suzhou Jcon Building Technology Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Suzhou Jcon Building Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Suzhou Jcon Building Technology Co's Debt-to-Equity falls into.

Suzhou Jcon Building Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Suzhou Jcon Building Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(213.486	+	113.075)	/	182.486
	=	1.79

Suzhou Jcon Building Technology Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(248.124	+	108.57)	/	193.13
	=	1.85

Suzhou Jcon Building Technology Co (BJSE:836149) 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.

Suzhou Jcon Building Technology Co Debt-to-Equity Related Terms

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Suzhou Jcon Building Technology Co (BJSE:836149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Suzhou Jcon Building Technology Co Ltd (BJSE:836149) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 111, Bada Street, 10th Floor, Zhongheng Design Building, Suzhou Industrial Park, Suzhou, CHN, 215000

Website

http://www.jcongroup.cn

Suzhou Jcon Building Technology Co Ltd enterprise specializes in prefabricated building and construction. Its main business involves new prefabricated walls, and professional contracting of special professional projects, including preliminary in-depth design, on-site construction and installation, and after-sales maintenance. The company's business reaches diverse fields including research, design, manufacturing, supply, and construction.

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