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Jiangsu Financial Leasing Co (SHSE:600901) Debt-to-Equity : 5.40 (As of Mar. 2024)


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What is Jiangsu Financial Leasing Co Debt-to-Equity?

Jiangsu Financial Leasing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Jiangsu Financial Leasing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥102,123 Mil. Jiangsu Financial Leasing Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥18,912 Mil. Jiangsu Financial Leasing Co's debt to equity for the quarter that ended in Mar. 2024 was 5.40.

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 Jiangsu Financial Leasing Co's Debt-to-Equity or its related term are showing as below:

SHSE:600901' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.33   Med: 5.11   Max: 5.84
Current: 5.4

During the past 13 years, the highest Debt-to-Equity Ratio of Jiangsu Financial Leasing Co was 5.84. The lowest was 3.33. And the median was 5.11.

SHSE:600901's Debt-to-Equity is ranked worse than
88.79% of 428 companies
in the Credit Services industry
Industry Median: 1.17 vs SHSE:600901: 5.40

Jiangsu Financial Leasing Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Financial Leasing 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.

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Jiangsu Financial Leasing Co Debt-to-Equity Chart

Jiangsu Financial Leasing 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 3.78 4.27 5.16 5.35 5.30

Jiangsu Financial Leasing 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 5.40 5.63 5.33 5.30 5.40

Competitive Comparison of Jiangsu Financial Leasing Co's Debt-to-Equity

For the Credit Services subindustry, Jiangsu Financial Leasing 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.


Jiangsu Financial Leasing Co's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Jiangsu Financial Leasing Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Financial Leasing Co's Debt-to-Equity falls into.



Jiangsu Financial Leasing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Financial Leasing Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangsu Financial Leasing 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.


Jiangsu Financial Leasing Co  (SHSE:600901) 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.


Jiangsu Financial Leasing Co Debt-to-Equity Related Terms

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Jiangsu Financial Leasing Co (SHSE:600901) Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Shanxi Road, Floor 26th and 27th, Nanjing, CHN, 210009
Jiangsu Financial Leasing Co Ltd is a China-based non-bank financial institution provides financial leasing services.
Executives
Xiong Xian Gen Directors, senior managers
Zheng Yin Sheng senior management
Jiang Yong Directors, senior managers
Han Lei Director
Zhou Bai Qing Directors, senior managers
Zhu Qiang senior management
Zhang Chun Biao senior management
Zhang Yi Qin Supervisors
Wu Yun senior management
Liu Ming senior management

Jiangsu Financial Leasing Co (SHSE:600901) Headlines

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