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Fujian South Highway Machinery Co (SHSE:603280) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Fujian South Highway Machinery Co Debt-to-Equity?

Fujian South Highway Machinery Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥4 Mil. Fujian South Highway Machinery Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1 Mil. Fujian South Highway Machinery Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,303 Mil. Fujian South Highway Machinery Co's debt to equity for the quarter that ended in Sep. 2024 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 Fujian South Highway Machinery Co's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of Fujian South Highway Machinery Co was 0.16. The lowest was 0.00. And the median was 0.00.

SHSE:603280's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Fujian South Highway Machinery Co Debt-to-Equity Historical Data

The historical data trend for Fujian South Highway Machinery 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.

Fujian South Highway Machinery Co Debt-to-Equity Chart

Fujian South Highway Machinery Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial - - - - 0.01

Fujian South Highway Machinery Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 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 - 0.01 0.01 - -

Competitive Comparison of Fujian South Highway Machinery Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Fujian South Highway Machinery 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.


Fujian South Highway Machinery Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujian South Highway Machinery Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fujian South Highway Machinery Co's Debt-to-Equity falls into.



Fujian South Highway Machinery Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fujian South Highway Machinery Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fujian South Highway Machinery Co'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.


Fujian South Highway Machinery Co  (SHSE:603280) 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.


Fujian South Highway Machinery Co Debt-to-Equity Related Terms

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Fujian South Highway Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 700, Sports Street, High-tech Industrial Park, Fengze District, Fujian Province, Quanzhou, CHN, 362000
Fujian South Highway Machinery Co Ltd is engaged in the design, research and development, production and sales of equipment for engineering mixing, primary aggregate processing, and aggregate resource recycling.

Fujian South Highway Machinery Co Headlines

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