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New East New Materials Co (SHSE:603110) Debt-to-Equity : 0.00 (As of Mar. 2025)


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What is New East New Materials Co Debt-to-Equity?

New East New Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0.0 Mil. New East New Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0.0 Mil. New East New Materials Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥705.8 Mil. New East New Materials 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 New East New Materials 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 New East New Materials Co was 0.58. The lowest was 0.00. And the median was 0.07.

SHSE:603110's Debt-to-Equity is not ranked *
in the Chemicals industry.
Industry Median: 0.37
* Ranked among companies with meaningful Debt-to-Equity only.

New East New Materials Co Debt-to-Equity Historical Data

The historical data trend for New East New Materials 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.

New East New Materials Co Debt-to-Equity Chart

New East New Materials Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
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New East New Materials Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of New East New Materials Co's Debt-to-Equity

For the Specialty Chemicals subindustry, New East New Materials 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.


New East New Materials Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, New East New Materials Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where New East New Materials Co's Debt-to-Equity falls into.


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New East New Materials Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

New East New Materials Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

New East New Materials Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


New East New Materials Co  (SHSE:603110) 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.


New East New Materials Co Debt-to-Equity Related Terms

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New East New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 101, Huangjiao Road, Huangyan, Taizhou, CHN, 318020
Website
New East New Materials Co Ltd is a chemical products manufacturer. Its activities include manufacturing and sales of ink and adhesive products.
Executives
Xu Guang Bin Director
Fan Jia Hua Supervisors
Tao Song Man Supervisors
Xu Fang Qin Supervisors
Zhou Qi Hua Directors, senior managers
Zhu Jun Fei Director
Wang Yue Fa Director
Fan Jia Ju Director

New East New Materials Co Headlines

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