GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Beijing Hanjian Heshan Pipeline Co Ltd (SHSE:603616) » Definitions » Debt-to-Equity

Beijing Hanjian Heshan Pipeline Co (SHSE:603616) Debt-to-Equity : 1.31 (As of Mar. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Beijing Hanjian Heshan Pipeline Co Debt-to-Equity?

Beijing Hanjian Heshan Pipeline Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥272.7 Mil. Beijing Hanjian Heshan Pipeline Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥37.6 Mil. Beijing Hanjian Heshan Pipeline Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥237.3 Mil. Beijing Hanjian Heshan Pipeline Co's debt to equity for the quarter that ended in Mar. 2025 was 1.31.

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 Beijing Hanjian Heshan Pipeline Co's Debt-to-Equity or its related term are showing as below:

SHSE:603616' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.57   Max: 1.32
Current: 1.31

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing Hanjian Heshan Pipeline Co was 1.32. The lowest was 0.24. And the median was 0.57.

SHSE:603616's Debt-to-Equity is ranked worse than
86.98% of 553 companies
in the Steel industry
Industry Median: 0.43 vs SHSE:603616: 1.31

Beijing Hanjian Heshan Pipeline Co Debt-to-Equity Historical Data

The historical data trend for Beijing Hanjian Heshan Pipeline 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.

Beijing Hanjian Heshan Pipeline Co Debt-to-Equity Chart

Beijing Hanjian Heshan Pipeline 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 0.67 0.31 0.37 0.46 1.32

Beijing Hanjian Heshan Pipeline 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 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 0.57 0.48 0.75 1.32 1.31

Competitive Comparison of Beijing Hanjian Heshan Pipeline Co's Debt-to-Equity

For the Steel subindustry, Beijing Hanjian Heshan Pipeline 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.


Beijing Hanjian Heshan Pipeline Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Beijing Hanjian Heshan Pipeline Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing Hanjian Heshan Pipeline Co's Debt-to-Equity falls into.


;
;

Beijing Hanjian Heshan Pipeline Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Hanjian Heshan Pipeline Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Beijing Hanjian Heshan Pipeline 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.


Beijing Hanjian Heshan Pipeline Co  (SHSE:603616) 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.


Beijing Hanjian Heshan Pipeline Co Debt-to-Equity Related Terms

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


Beijing Hanjian Heshan Pipeline Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Block C, Yayuan Commercial Building, Nature New City, Hancunhe Village, Hancunhe Town, Fangshan District, Beijing, CHN, 102488
Beijing Hanjian Heshan Pipeline Co Ltd is engaged in the production of pre-stressed steel cylinder concrete pipe (PCCP), pressure steel pipe and pressure steel pipe, drainage pipe, commercial concrete. The company's main products are PCCP of DN600-DN4000, full range of concrete drainage pipes (RCP) of DN300-DN3000, concrete of various strength grades and special concrete.
Executives
Tian Yu Bo Director
Fu Li Qiang Director
Gao Ling Xia Supervisors
Wei Liang Bin Director
Kui He Shuang Director
Sun Xue Director
Liu Jiang Ning Director
Tian Guang Liang Director
Li De Kui Supervisors
Liu Fu Hai senior management

Beijing Hanjian Heshan Pipeline Co Headlines

No Headlines