JDM JingDa Machine Ningbo Co (SHSE:603088) Debt-to-Equity : 0.00 (As of Mar. 2025)

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What is JDM JingDa Machine Ningbo Co Debt-to-Equity?

JDM JingDa Machine Ningbo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0.1 Mil. JDM JingDa Machine Ningbo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0.2 Mil. JDM JingDa Machine Ningbo Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥815.5 Mil. JDM JingDa Machine Ningbo Co's debt to equity for the quarter that ended in Mar. 2025 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 JDM JingDa Machine Ningbo 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 JDM JingDa Machine Ningbo Co was 0.09. The lowest was 0.00. And the median was 0.01.

SHSE:603088's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

JDM JingDa Machine Ningbo Co Debt-to-Equity Historical Data

The historical data trend for JDM JingDa Machine Ningbo 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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JDM JingDa Machine Ningbo Co Debt-to-Equity Chart

JDM JingDa Machine Ningbo Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.09

0.03

JDM JingDa Machine Ningbo Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of JDM JingDa Machine Ningbo Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, JDM JingDa Machine Ningbo 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.

JDM JingDa Machine Ningbo Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JDM JingDa Machine Ningbo Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where JDM JingDa Machine Ningbo Co's Debt-to-Equity falls into.

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JDM JingDa Machine Ningbo Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JDM JingDa Machine Ningbo Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.144	+	0.252)	/	777.898
	=	0.00

JDM JingDa Machine Ningbo Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(0.146	+	0.215)	/	815.533
	=	0.00

JDM JingDa Machine Ningbo Co (SHSE:603088) 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.

JDM JingDa Machine Ningbo Co Debt-to-Equity Related Terms

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JDM JingDa Machine Ningbo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JDM JingDa Machine Ningbo Co Ltd (SHSE:603088) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

377 Jinshan Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033

Website

http://www.nbjingda.com

JDM JingDa Machine Ningbo Co Ltd is engaged in the development, production, and sales of heat exchanger equipment and precision presses. Its products are mainly used in the production of air conditioning heat exchangers in the home appliance industry; microchannel heat transfer and automotive heat exchangers. Its products include Heat exchanger equipment, Press equipment, Micro channel, Powder metallurgy equipment.

Executives

Zheng Gong

Director

JDM JingDa Machine Ningbo Co Headlines

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