China Design Group Co (SHSE:603018) Debt-to-Equity : 0.17 (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is China Design Group Co Debt-to-Equity?

China Design Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥417 Mil. China Design Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥423 Mil. China Design Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥4,959 Mil. China Design Group Co's debt to equity for the quarter that ended in Sep. 2024 was 0.17.

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 China Design Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:603018' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.26
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of China Design Group Co was 0.26. The lowest was 0.01. And the median was 0.12.

SHSE:603018's Debt-to-Equity is ranked better than
72.38% of 1564 companies
in the Construction industry
Industry Median: 0.44 vs SHSE:603018: 0.17

China Design Group Co Debt-to-Equity Historical Data

The historical data trend for China Design Group 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.

China Design Group Co Debt-to-Equity Chart

China Design Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.08

0.09

0.07

0.13

China Design Group Co 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															0.16	0.13	0.12	0.14	0.17

Competitive Comparison of China Design Group Co's Debt-to-Equity

For the Engineering & Construction subindustry, China Design Group 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.

China Design Group Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Design Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Design Group Co's Debt-to-Equity falls into.

China Design Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Design Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(198.853	+	435.595)	/	4964.958
	=	0.13

China Design Group Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(416.968	+	423.197)	/	4958.938
	=	0.17

China Design Group Co (SHSE:603018) 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.

China Design Group Co Debt-to-Equity Related Terms

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

China Design Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Design Group Co Ltd (SHSE:603018) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Ziyun Road on the 9th Nanjing high-tech industrial park, Qinhuai District, Nanjing, CHN, 210014

Website

http://www.jsjsy.com

China Design Group Co Ltd is a China-based engineering consulting company. The firm operates its business through segments including Design and Research Institute, Railway Planning and Design Institute, Environment and Intelligence Division, and Engineering Management and Inspection Division. It offers various services for survey and design to scientific research and development including industry and multi-field development, strategic planning, engineering consulting, integrated solution, inspection and monitoring, project management, professional construction, and post-operational life cycle.

Executives

Zhang Zhi Quan	Supervisors
Liu Peng	Directors, senior managers
Fan Dong Tao	senior management
Hu An Bing	Director
Hou Li Gang	senior management
Li Jian Feng	senior management
Xu Yi Gang	Directors, senior managers
Yao Yu	Directors, senior managers
Ling Jiu Zhong	Director
Yang Wei Dong	Director
Zhang Jian Kang	senior management
Di Jian Feng	senior management
Ming Tu Zhang	Supervisors
Wang Xian Mei	Supervisors
Feng Bo	Supervisors

China Design Group Co Headlines

No Headlines