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Shanghai Moons' Electric Co (SHSE:603728) Debt-to-Equity : 0.16 (As of Sep. 2024)


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What is Shanghai Moons' Electric Co Debt-to-Equity?

Shanghai Moons' Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥350 Mil. Shanghai Moons' Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥99 Mil. Shanghai Moons' Electric Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,879 Mil. Shanghai Moons' Electric Co's debt to equity for the quarter that ended in Sep. 2024 was 0.16.

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 Shanghai Moons' Electric Co's Debt-to-Equity or its related term are showing as below:

SHSE:603728' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.1   Max: 0.21
Current: 0.16

During the past 12 years, the highest Debt-to-Equity Ratio of Shanghai Moons' Electric Co was 0.21. The lowest was 0.03. And the median was 0.10.

SHSE:603728's Debt-to-Equity is ranked better than
64.99% of 2608 companies
in the Industrial Products industry
Industry Median: 0.28 vs SHSE:603728: 0.16

Shanghai Moons' Electric Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Moons' Electric 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.

Shanghai Moons' Electric Co Debt-to-Equity Chart

Shanghai Moons' Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.06 0.03 0.14 0.09

Shanghai Moons' Electric Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only 0.10 0.09 0.11 0.13 0.16

Competitive Comparison of Shanghai Moons' Electric Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Shanghai Moons' Electric 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.


Shanghai Moons' Electric Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Moons' Electric Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Moons' Electric Co's Debt-to-Equity falls into.


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Shanghai Moons' Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Moons' Electric Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai Moons' Electric 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.


Shanghai Moons' Electric Co  (SHSE:603728) 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.


Shanghai Moons' Electric Co Debt-to-Equity Related Terms

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Shanghai Moons' Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Mingjia Road, Minbei Industrial Zone, Minhang District, Shanghai, CHN, 201107
Shanghai Moons' Electric Co Ltd is a China based manufacturer of motion control, intelligent LED lighting control, and industrial equipment management. Its products include drives, slotless motors, rotary stepper products, LED drivers, and Step-Servo products. The company has a business presence in China and various other countries. In addition, the company also offers support and training services. The products offered by the company have applications in various fields including 3D printer, lightning, textile, security, telecom, and medical and life science.
Executives
Liu Jin Ping Director
Cheng Jian Guo Director
Wen Zhi Zhong senior management

Shanghai Moons' Electric Co Headlines

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