Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Debt-to-Equity : 0.07 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hi-Think Yondervision (Beijing) Tech Co Debt-to-Equity?

Hi-Think Yondervision (Beijing) Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥15.4 Mil. Hi-Think Yondervision (Beijing) Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11.8 Mil. Hi-Think Yondervision (Beijing) Tech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥368.2 Mil. Hi-Think Yondervision (Beijing) Tech Co's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 Hi-Think Yondervision (Beijing) Tech Co's Debt-to-Equity or its related term are showing as below:

BJSE:837592' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.15
Current: 0.07

During the past 11 years, the highest Debt-to-Equity Ratio of Hi-Think Yondervision (Beijing) Tech Co was 0.15. The lowest was 0.01. And the median was 0.04.

BJSE:837592's Debt-to-Equity is ranked better than
71.99% of 2203 companies
in the Software industry
Industry Median: 0.2 vs BJSE:837592: 0.07

Hi-Think Yondervision (Beijing) Tech Co Debt-to-Equity Historical Data

The historical data trend for Hi-Think Yondervision (Beijing) Tech 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.

Hi-Think Yondervision (Beijing) Tech Co Debt-to-Equity Chart

Hi-Think Yondervision (Beijing) Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.03

0.02

0.05

Hi-Think Yondervision (Beijing) Tech Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.01	0.05	0.05	0.07

Competitive Comparison of Hi-Think Yondervision (Beijing) Tech Co's Debt-to-Equity

For the Information Technology Services subindustry, Hi-Think Yondervision (Beijing) Tech 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.

Hi-Think Yondervision (Beijing) Tech Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Hi-Think Yondervision (Beijing) Tech Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hi-Think Yondervision (Beijing) Tech Co's Debt-to-Equity falls into.

Hi-Think Yondervision (Beijing) Tech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hi-Think Yondervision (Beijing) Tech 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
	=	(6.133	+	11.877)	/	377.046
	=	0.05

Hi-Think Yondervision (Beijing) Tech 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
	=	(15.388	+	11.839)	/	368.184
	=	0.07

Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) 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.

Hi-Think Yondervision (Beijing) Tech Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hi-Think Yondervision (Beijing) Tech Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi-Think Yondervision (Beijing) Tech Co Ltd (BJSE:837592) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, North Taipingzhuang Road, Floor 12, Building A, Chengjian Building, Haidian, Beijing, CHN, 100088

Website

https://www.yondervision.com.cn

Hi-Think Yondervision (Beijing) Tech Co Ltd is a provider of digital solutions for housing provident funds and banking And service operators, providing housing provident fund management agencies and banks across the country with information system-related software customization development, maintenance services, third-party product sales and integration, outsourcing services and other services across multiple scenarios. At present, the company's business mainly includes five sectors: digital provident fund, digital port, digital financial services, service outsourcing, and data intelligence services. It has always focused on the field of housing finance, providing high-quality software products and digital services for housing provident fund management institutions across the country.

Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Headlines

No Headlines