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Flower King Eco-Engineering (SHSE:603007) Debt-to-Equity : 1.78 (As of Sep. 2024)


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What is Flower King Eco-Engineering Debt-to-Equity?

Flower King Eco-Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥582.6 Mil. Flower King Eco-Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥51.3 Mil. Flower King Eco-Engineering's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥356.4 Mil. Flower King Eco-Engineering's debt to equity for the quarter that ended in Sep. 2024 was 1.78.

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 Flower King Eco-Engineering's Debt-to-Equity or its related term are showing as below:

SHSE:603007' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.91   Max: 3.51
Current: 1.78

During the past 13 years, the highest Debt-to-Equity Ratio of Flower King Eco-Engineering was 3.51. The lowest was 0.15. And the median was 0.91.

SHSE:603007's Debt-to-Equity is ranked worse than
88.69% of 1565 companies
in the Construction industry
Industry Median: 0.44 vs SHSE:603007: 1.78

Flower King Eco-Engineering Debt-to-Equity Historical Data

The historical data trend for Flower King Eco-Engineering'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.

Flower King Eco-Engineering Debt-to-Equity Chart

Flower King Eco-Engineering 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 0.86 1.08 1.92 3.51 2.31

Flower King Eco-Engineering Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.84 2.31 1.50 1.66 1.78

Competitive Comparison of Flower King Eco-Engineering's Debt-to-Equity

For the Engineering & Construction subindustry, Flower King Eco-Engineering'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.


Flower King Eco-Engineering's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Flower King Eco-Engineering's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Flower King Eco-Engineering's Debt-to-Equity falls into.



Flower King Eco-Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flower King Eco-Engineering's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Flower King Eco-Engineering's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Flower King Eco-Engineering  (SHSE:603007) 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.


Flower King Eco-Engineering Debt-to-Equity Related Terms

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Flower King Eco-Engineering Business Description

Traded in Other Exchanges
N/A
Address
No. 99 South Second Ring Roa, Jiangsu Province, Danyang, CHN, 212300
Flower King Eco-Engineering Inc, formerly Jiangsu Flowers King Horticulture Co Ltd is engaged in landscape design and construction of municipal services, tourist attractions, roads and real estate and other areas.
Executives
Cui Hong Bo senior management
He Wei Tao senior management
Xu Xu Sheng senior management
Xiao Jie Jun Director
Wei Jian Hong senior management
Lin Xiao Jun Director
Gu Jing senior management
Li Hong Bin Director
Xiao Jiao Jun Director

Flower King Eco-Engineering Headlines

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