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Yutong Heavy Industries Co (SHSE:600817) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is Yutong Heavy Industries Co Debt-to-Equity?

Yutong Heavy Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥3 Mil. Yutong Heavy Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥1 Mil. Yutong Heavy Industries Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥2,337 Mil. Yutong Heavy Industries Co's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

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 Yutong Heavy Industries Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Yutong Heavy Industries Co was 1.42. The lowest was 0.00. And the median was 0.03.

SHSE:600817's Debt-to-Equity is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

Yutong Heavy Industries Co Debt-to-Equity Historical Data

The historical data trend for Yutong Heavy Industries 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.

Yutong Heavy Industries Co Debt-to-Equity Chart

Yutong Heavy Industries 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 0.03 0.02 0.01 - -

Yutong Heavy Industries Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Yutong Heavy Industries Co's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Yutong Heavy Industries 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.


Yutong Heavy Industries Co's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Heavy Industries Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Yutong Heavy Industries Co's Debt-to-Equity falls into.



Yutong Heavy Industries Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yutong Heavy Industries Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Yutong Heavy Industries Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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.


Yutong Heavy Industries Co  (SHSE:600817) 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.


Yutong Heavy Industries Co Debt-to-Equity Related Terms

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Yutong Heavy Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 86, Poyang Lake Road, 106, 1st Floor, Blue Mountain Mansion, Airport Port, Henan Province, Zhengzhou, CHN, 450000
Yutong Heavy Industries Co Ltd is a large-scale Chinese military and civil engineering machinery, environmental protection, special-purpose vehicle and other products and services professional manufacturing enterprise integrating scientific research and development, manufacturing, sales and services.
Executives
Zhang Zhe Director
Dai Ling Mei Directors, senior managers
Wang Dong Xin Director
Wang Xue Min Director
Xu Li Supervisors
Ma Shu Heng Director
Zhang Xiao Jun senior management
Hu Feng Ju senior management
Sun Ke Supervisors
Meng Qing Yi Supervisors
Chu Xin Jian Directors, senior managers
Cao Zhong Yan Director
Wang Xiao Fei Director
Cao Jian Wei Director
Liang Mu Jin Directors, senior managers

Yutong Heavy Industries Co Headlines

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