GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jonjee Hi-Tech Industrial and Commercial Holding Co Ltd (SHSE:600872) » Definitions » Debt-to-Equity

Jonjee Hi-Tech Industrial and Commercial Holding Co (SHSE:600872) Debt-to-Equity : 0.00 (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Jonjee Hi-Tech Industrial and Commercial Holding Co Debt-to-Equity?

Jonjee Hi-Tech Industrial and Commercial Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Jonjee Hi-Tech Industrial and Commercial Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5 Mil. Jonjee Hi-Tech Industrial and Commercial Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,843 Mil. Jonjee Hi-Tech Industrial and Commercial Holding Co's debt to equity for the quarter that ended in Mar. 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 Jonjee Hi-Tech Industrial and Commercial Holding 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 Jonjee Hi-Tech Industrial and Commercial Holding Co was 0.45. The lowest was 0.00. And the median was 0.22.

SHSE:600872's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Jonjee Hi-Tech Industrial and Commercial Holding Co Debt-to-Equity Historical Data

The historical data trend for Jonjee Hi-Tech Industrial and Commercial Holding 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.

Jonjee Hi-Tech Industrial and Commercial Holding Co Debt-to-Equity Chart

Jonjee Hi-Tech Industrial and Commercial Holding 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 0.14 0.08 - - 0.02

Jonjee Hi-Tech Industrial and Commercial Holding 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 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 - - - 0.02 -

Competitive Comparison of Jonjee Hi-Tech Industrial and Commercial Holding Co's Debt-to-Equity

For the Packaged Foods subindustry, Jonjee Hi-Tech Industrial and Commercial Holding 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.


Jonjee Hi-Tech Industrial and Commercial Holding Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jonjee Hi-Tech Industrial and Commercial Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jonjee Hi-Tech Industrial and Commercial Holding Co's Debt-to-Equity falls into.



Jonjee Hi-Tech Industrial and Commercial Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jonjee Hi-Tech Industrial and Commercial Holding Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jonjee Hi-Tech Industrial and Commercial Holding Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Jonjee Hi-Tech Industrial and Commercial Holding Co  (SHSE:600872) 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.


Jonjee Hi-Tech Industrial and Commercial Holding Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Jonjee Hi-Tech Industrial and Commercial Holding Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Jonjee Hi-Tech Industrial and Commercial Holding Co (SHSE:600872) Business Description

Traded in Other Exchanges
N/A
Address
Huoju High-Tech Industrial Development Zone, Huoju Building, Zhongshan, Guangdong, CHN, 528437
Jonjee Hi-Tech Industrial and Commercial Holding Co Ltd operates in various businesses which include real estate property development, Seasoning food, industrial park development management and auto parts. The company operates under two major brands which is Chubang and Meimeixian. The company offers products such as soy sauce, chicken powder fine, oyster sauce, sauces , Cooking wine, vinegar, edible oil, fermented bean curd, monosodium glutamate, juice, hot pot base.

Jonjee Hi-Tech Industrial and Commercial Holding Co (SHSE:600872) Headlines

No Headlines