Zhejiang Taihu Yuanda New Material (BJSE:920118) Debt-to-Equity : 0.44 (As of Mar. 2025)

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What is Zhejiang Taihu Yuanda New Material Debt-to-Equity?

Zhejiang Taihu Yuanda New Material's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥223 Mil. Zhejiang Taihu Yuanda New Material's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥38 Mil. Zhejiang Taihu Yuanda New Material's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥595 Mil. Zhejiang Taihu Yuanda New Material's debt to equity for the quarter that ended in Mar. 2025 was 0.44.

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 Taihu Yuanda New Material's Debt-to-Equity or its related term are showing as below:

BJSE:920118' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 0.66 Max: 0.87
Current: 0.44

During the past 5 years, the highest Debt-to-Equity Ratio of Zhejiang Taihu Yuanda New Material was 0.87. The lowest was 0.44. And the median was 0.66.

BJSE:920118's Debt-to-Equity is ranked worse than
55.41% of 1395 companies
in the Chemicals industry
Industry Median: 0.37 vs BJSE:920118: 0.44

Zhejiang Taihu Yuanda New Material Debt-to-Equity Historical Data

The historical data trend for Zhejiang Taihu Yuanda New Material'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 Taihu Yuanda New Material Debt-to-Equity Chart

Zhejiang Taihu Yuanda New Material Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

0.87

0.79

0.77

0.53

Zhejiang Taihu Yuanda New Material Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial								0.64	0.66	0.60	0.53	0.44

Competitive Comparison of Zhejiang Taihu Yuanda New Material's Debt-to-Equity

For the Specialty Chemicals subindustry, Zhejiang Taihu Yuanda New Material'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 Taihu Yuanda New Material's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Taihu Yuanda New Material's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhejiang Taihu Yuanda New Material's Debt-to-Equity falls into.

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Zhejiang Taihu Yuanda New Material Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhejiang Taihu Yuanda New Material'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
	=	(310.108	+	1)	/	592.386
	=	0.53

Zhejiang Taihu Yuanda New Material'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
	=	(223.429	+	37.925)	/	595.433
	=	0.44

Zhejiang Taihu Yuanda New Material (BJSE:920118) 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 Taihu Yuanda New Material Debt-to-Equity Related Terms

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Zhejiang Taihu Yuanda New Material Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Taihu Yuanda New Material Corp Ltd (BJSE:920118) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Heping Town Industrial Park, Changxing County, Zhejiang Province, Huzhou, CHN, 313103

Website

Zhejiang Taihu Yuanda New Material Corp Ltd is engaged in Research and development, manufacturing, sales and service of environmentally friendly polymer materials for cables.

Zhejiang Taihu Yuanda New Material Headlines

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