GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sinoma International Engineering Co Ltd (SHSE:600970) » Definitions » Debt-to-Equity

Sinoma International Engineering Co (SHSE:600970) Debt-to-Equity : 0.29 (As of Dec. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Sinoma International Engineering Co Debt-to-Equity?

Sinoma International Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥4,330 Mil. Sinoma International Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥1,833 Mil. Sinoma International Engineering Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ¥21,115 Mil. Sinoma International Engineering Co's debt to equity for the quarter that ended in Dec. 2024 was 0.29.

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 Sinoma International Engineering Co's Debt-to-Equity or its related term are showing as below:

SHSE:600970' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.49
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Sinoma International Engineering Co was 0.49. The lowest was 0.24. And the median was 0.35.

SHSE:600970's Debt-to-Equity is ranked better than
61.28% of 1552 companies
in the Construction industry
Industry Median: 0.435 vs SHSE:600970: 0.29

Sinoma International Engineering Co Debt-to-Equity Historical Data

The historical data trend for Sinoma International Engineering 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.

Sinoma International Engineering Co Debt-to-Equity Chart

Sinoma International Engineering Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.30 0.36 0.35 0.29

Sinoma International Engineering Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.35 0.35 0.35 0.31 0.29

Competitive Comparison of Sinoma International Engineering Co's Debt-to-Equity

For the Engineering & Construction subindustry, Sinoma International Engineering 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.


Sinoma International Engineering Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sinoma International Engineering Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sinoma International Engineering Co's Debt-to-Equity falls into.


;
;

Sinoma International Engineering Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sinoma International Engineering Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sinoma International Engineering Co's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Sinoma International Engineering Co  (SHSE:600970) 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.


Sinoma International Engineering Co Debt-to-Equity Related Terms

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


Sinoma International Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Wangjing North Road, Sinoma International Building, Chaoyang District, Beijing, CHN, 100102
Sinoma International Engineering Co Ltd is a supplier of complete industry chain for cement engineering, offers full-line general contracting service, from engineering design, technology and equipment research & development, equipment manufacture and supply, civil construction, equipment installation and plant commissioning to operation & maintenance. The company's main business covers cement technology & equipment and engineering, integrating premium resources of technology, talent, management, and platform.
Executives
Sui Tong Bo senior management
Fan Li Ting senior management
Wang Yuan senior management
Xing Wan Li Supervisors
Guo Zheng Yong senior management
Liu Yan Director
He Xiao Long senior management
Yin Zhi Song Directors, senior managers
Meng Qing Lin senior management
Jiang Zhong Wen Director
Xia Zhi Yun Director
Zhao Hui Feng Supervisors
Ni Jin Rui senior management
Shen Jun senior management
Jiao Feng senior management

Sinoma International Engineering Co Headlines

No Headlines