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Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Debt-to-Equity : 1.10 (As of Dec. 2023)


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What is Shanghai Jinqiao Export Processing Zone Development Co Debt-to-Equity?

Shanghai Jinqiao Export Processing Zone Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥4,765 Mil. Shanghai Jinqiao Export Processing Zone Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥10,778 Mil. Shanghai Jinqiao Export Processing Zone Development Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥14,113 Mil. Shanghai Jinqiao Export Processing Zone Development Co's debt to equity for the quarter that ended in Dec. 2023 was 1.10.

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 Jinqiao Export Processing Zone Development Co's Debt-to-Equity or its related term are showing as below:

SHSE:600639' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49   Med: 0.63   Max: 1.1
Current: 1.1

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Jinqiao Export Processing Zone Development Co was 1.10. The lowest was 0.49. And the median was 0.63.

SHSE:600639's Debt-to-Equity is ranked worse than
62.97% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs SHSE:600639: 1.10

Shanghai Jinqiao Export Processing Zone Development Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Jinqiao Export Processing Zone Development 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 Jinqiao Export Processing Zone Development Co Debt-to-Equity Chart

Shanghai Jinqiao Export Processing Zone Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.77 0.69 0.71 1.10

Shanghai Jinqiao Export Processing Zone Development Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.71 0.74 0.91 1.07 1.10

Competitive Comparison of Shanghai Jinqiao Export Processing Zone Development Co's Debt-to-Equity

For the Real Estate - Development subindustry, Shanghai Jinqiao Export Processing Zone Development 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 Jinqiao Export Processing Zone Development Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Jinqiao Export Processing Zone Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Jinqiao Export Processing Zone Development Co's Debt-to-Equity falls into.



Shanghai Jinqiao Export Processing Zone Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Jinqiao Export Processing Zone Development Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai Jinqiao Export Processing Zone Development Co's Debt to Equity Ratio for the quarter that ended in Dec. 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 Jinqiao Export Processing Zone Development Co  (SHSE:600639) 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 Jinqiao Export Processing Zone Development Co Debt-to-Equity Related Terms

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Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Business Description

Traded in Other Exchanges
Address
No. 28 Jinqiao Road, Shanghai) Free Trade Experimental Zone, Shanghai, CHN, 201206
Shanghai Jinqiao Export Processing Zone Development Co Ltd is a real estate development company. It primarily focuses on industrial real estate and traditional real estate industry development. The company's operations predominantly consist of real estate leasing, real estate sales and serviced apartment leasing.

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