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Shanghai Pudong Development Bank Co (SHSE:600000) Debt-to-Equity : 1.91 (As of Sep. 2023)


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What is Shanghai Pudong Development Bank Co Debt-to-Equity?

Shanghai Pudong Development Bank Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥0 Mil. Shanghai Pudong Development Bank Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥1,369,555 Mil. Shanghai Pudong Development Bank Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥715,695 Mil. Shanghai Pudong Development Bank Co's debt to equity for the quarter that ended in Sep. 2023 was 1.91.

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 Shanghai Pudong Development Bank Co's Debt-to-Equity or its related term are showing as below:

SHSE:600000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54   Med: 2.04   Max: 2.69
Current: 1.91

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Pudong Development Bank Co was 2.69. The lowest was 0.54. And the median was 2.04.

SHSE:600000's Debt-to-Equity is ranked worse than
82.41% of 1393 companies
in the Banks industry
Industry Median: 0.67 vs SHSE:600000: 1.91

Shanghai Pudong Development Bank Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Pudong Development Bank 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.

Shanghai Pudong Development Bank Co Debt-to-Equity Chart

Shanghai Pudong Development Bank 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 2.10 2.11 2.09 2.25 2.29

Shanghai Pudong Development Bank 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 2.40 2.29 2.29 2.27 1.91

Competitive Comparison of Shanghai Pudong Development Bank Co's Debt-to-Equity

For the Banks - Regional subindustry, Shanghai Pudong Development Bank 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.


Shanghai Pudong Development Bank Co's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Shanghai Pudong Development Bank Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Pudong Development Bank Co's Debt-to-Equity falls into.



Shanghai Pudong Development Bank Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Pudong Development Bank Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Shanghai Pudong Development Bank 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.


Shanghai Pudong Development Bank Co  (SHSE:600000) 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.


Shanghai Pudong Development Bank Co Debt-to-Equity Related Terms

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Shanghai Pudong Development Bank Co (SHSE:600000) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Zhongshan East 1st Road, Shanghai, CHN, 200002
Shanghai Pudong Development Bank Co Ltd provides various banking services such as corporate banking, personal banking, and businesses related to financial markets. The bank has its branches and business offices in China and international countries.

Shanghai Pudong Development Bank Co (SHSE:600000) Headlines

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