Beijing Teamsun Technology Co (SHSE:600410) Debt-to-Equity : 0.31 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Beijing Teamsun Technology Co Debt-to-Equity?

Beijing Teamsun Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,163 Mil. Beijing Teamsun Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥125 Mil. Beijing Teamsun Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,139 Mil. Beijing Teamsun Technology Co's debt to equity for the quarter that ended in Mar. 2024 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 Beijing Teamsun Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:600410' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.39 Max: 0.94
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing Teamsun Technology Co was 0.94. The lowest was 0.22. And the median was 0.39.

SHSE:600410's Debt-to-Equity is ranked worse than
59.23% of 2205 companies
in the Software industry
Industry Median: 0.2 vs SHSE:600410: 0.31

Beijing Teamsun Technology Co Debt-to-Equity Historical Data

The historical data trend for Beijing Teamsun 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.

Beijing Teamsun Technology Co Debt-to-Equity Chart

Beijing Teamsun Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.38

0.30

0.29

0.22

0.32

Beijing Teamsun 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															0.22	0.23	0.28	0.32	0.31

Competitive Comparison of Beijing Teamsun Technology Co's Debt-to-Equity

For the Software - Application subindustry, Beijing Teamsun 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.

Beijing Teamsun Technology Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Teamsun Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing Teamsun Technology Co's Debt-to-Equity falls into.

Beijing Teamsun Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Teamsun 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
	=	(1243.225	+	146.586)	/	4303.341
	=	0.32

Beijing Teamsun 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
	=	(1163.161	+	125.46)	/	4138.621
	=	0.31

Beijing Teamsun Technology Co (SHSE:600410) 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.

Beijing Teamsun Technology Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Beijing Teamsun Technology Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing Teamsun Technology Co (SHSE:600410) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Teamsun Technology Co Ltd (SHSE:600410) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Xueqing Road, 10-11th Floor, Tower A, Technology Fortune Center, Haidian District, Beijing, CHN, 100192

Website

http://www.teamsun.com.cn

Beijing Teamsun Technology Co Ltd is an integrated IT service provider in China. Teamsun's business direction covers the areas of cloud computing, big data, mobile internet, internet of things, and information security. Its business areas include IT product services, application software development, system integration, value-added distribution and other IT service businesses.

Executives

Wang Wei Hang	Director
Shen Long Zhe	Director
Cui Yong	Director
Zhang Bing Xia	senior management
Dai Shuang Zhu	senior management
Zhang Yue Ying	senior management
Li Wei	Director
Liu Qing Tao	Director
Yang Qiao Cong	senior management
Du Xin	senior management
Zhu Hong Xian	Director
Chen Chao Hui	Director
Ren Xue Ying	senior management
Yang Huai	senior management
Liu Ya Ling	Supervisors

Beijing Teamsun Technology Co (SHSE:600410) Headlines

No Headlines