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Shandong Sinoglory Health Food Co (SHSE:603182) Debt-to-Equity : 0.02 (As of Mar. 2025)


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What is Shandong Sinoglory Health Food Co Debt-to-Equity?

Shandong Sinoglory Health Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥20 Mil. Shandong Sinoglory Health Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥0 Mil. Shandong Sinoglory Health Food Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥1,111 Mil. Shandong Sinoglory Health Food Co's debt to equity for the quarter that ended in Mar. 2025 was 0.02.

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 Shandong Sinoglory Health Food Co's Debt-to-Equity or its related term are showing as below:

SHSE:603182' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.19   Max: 0.38
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of Shandong Sinoglory Health Food Co was 0.38. The lowest was 0.02. And the median was 0.19.

SHSE:603182's Debt-to-Equity is ranked better than
95.64% of 1653 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs SHSE:603182: 0.02

Shandong Sinoglory Health Food Co Debt-to-Equity Historical Data

The historical data trend for Shandong Sinoglory Health Food 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.

Shandong Sinoglory Health Food Co Debt-to-Equity Chart

Shandong Sinoglory Health Food 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 0.25 0.20 - 0.03 0.02

Shandong Sinoglory Health Food Co Quarterly Data
Jun18 Dec18 Dec19 Dec20 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 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 - 0.02 0.02 0.02 0.02

Competitive Comparison of Shandong Sinoglory Health Food Co's Debt-to-Equity

For the Packaged Foods subindustry, Shandong Sinoglory Health Food 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.


Shandong Sinoglory Health Food Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Sinoglory Health Food Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shandong Sinoglory Health Food Co's Debt-to-Equity falls into.


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Shandong Sinoglory Health Food Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shandong Sinoglory Health Food Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Shandong Sinoglory Health Food 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.


Shandong Sinoglory Health Food Co  (SHSE:603182) 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.


Shandong Sinoglory Health Food Co Debt-to-Equity Related Terms

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Shandong Sinoglory Health Food Co Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Hongtu Street, Xin County, Shandong Province, Liaocheng, CHN, 252400
Shandong Sinoglory Health Food Co Ltd is a soybean deep processing enterprise mainly engaged in soybean protein. The company's raw materials are non-GMO soybeans, and its products include soybean protein, soybean oil, soybean dietary fiber, silk-drawn protein, and low-temperature edible soybean meal.
Executives
Li Guang Qing Directors, senior managers
Wang Cai Li Supervisors

Shandong Sinoglory Health Food Co Headlines

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