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Shaanxi Aerospace Power Hi-Tech Co (SHSE:600343) Debt-to-Equity : 0.31 (As of Mar. 2025)


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What is Shaanxi Aerospace Power Hi-Tech Co Debt-to-Equity?

Shaanxi Aerospace Power Hi-Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥257.5 Mil. Shaanxi Aerospace Power Hi-Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥190.0 Mil. Shaanxi Aerospace Power Hi-Tech Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥1,438.2 Mil. Shaanxi Aerospace Power Hi-Tech Co's debt to equity for the quarter that ended in Mar. 2025 was 0.31.

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 Shaanxi Aerospace Power Hi-Tech Co's Debt-to-Equity or its related term are showing as below:

SHSE:600343' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.23   Max: 0.31
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Shaanxi Aerospace Power Hi-Tech Co was 0.31. The lowest was 0.15. And the median was 0.23.

SHSE:600343's Debt-to-Equity is ranked worse than
52.81% of 2617 companies
in the Industrial Products industry
Industry Median: 0.28 vs SHSE:600343: 0.31

Shaanxi Aerospace Power Hi-Tech Co Debt-to-Equity Historical Data

The historical data trend for Shaanxi Aerospace Power Hi-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.

Shaanxi Aerospace Power Hi-Tech Co Debt-to-Equity Chart

Shaanxi Aerospace Power Hi-Tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.20 0.20 0.27 0.31

Shaanxi Aerospace Power Hi-Tech Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.27 0.25 0.26 0.31 0.31

Competitive Comparison of Shaanxi Aerospace Power Hi-Tech Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Shaanxi Aerospace Power Hi-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.


Shaanxi Aerospace Power Hi-Tech Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shaanxi Aerospace Power Hi-Tech Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shaanxi Aerospace Power Hi-Tech Co's Debt-to-Equity falls into.


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Shaanxi Aerospace Power Hi-Tech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shaanxi Aerospace Power Hi-Tech Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Shaanxi Aerospace Power Hi-Tech Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


Shaanxi Aerospace Power Hi-Tech Co  (SHSE:600343) 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.


Shaanxi Aerospace Power Hi-Tech Co Debt-to-Equity Related Terms

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Shaanxi Aerospace Power Hi-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 78 Jinye Road, New and High-Technology Development Zone, Xi\'an, Shanxi, CHN, 710077
Shaanxi Aerospace Power Hi-Tech Co Ltd is primarily engaged in the research, development and production of torque converters, special pumps, smart instrumentations, mechanical and electrical products and non-standard equipment.
Executives
Wang Jian Chang Director
Wu Hai Ming Supervisors
Wang Hua Supervisors

Shaanxi Aerospace Power Hi-Tech Co Headlines

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