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Chengdu Haoneng Technology Co (SHSE:603809) Debt-to-Equity : 0.68 (As of Dec. 2024)


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What is Chengdu Haoneng Technology Co Debt-to-Equity?

Chengdu Haoneng Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥1,100 Mil. Chengdu Haoneng Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥940 Mil. Chengdu Haoneng Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ¥3,024 Mil. Chengdu Haoneng Technology Co's debt to equity for the quarter that ended in Dec. 2024 was 0.67.

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 Chengdu Haoneng Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:603809' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.25   Max: 0.94
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Chengdu Haoneng Technology Co was 0.94. The lowest was 0.04. And the median was 0.25.

SHSE:603809's Debt-to-Equity is ranked worse than
61.69% of 1180 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs SHSE:603809: 0.68

Chengdu Haoneng Technology Co Debt-to-Equity Historical Data

The historical data trend for Chengdu Haoneng Technology 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.

Chengdu Haoneng Technology Co Debt-to-Equity Chart

Chengdu Haoneng Technology 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 0.29 0.53 0.74 0.94 0.68

Chengdu Haoneng Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.94 0.87 0.87 0.82 0.68

Competitive Comparison of Chengdu Haoneng Technology Co's Debt-to-Equity

For the Auto Parts subindustry, Chengdu Haoneng Technology 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.


Chengdu Haoneng Technology Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chengdu Haoneng Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chengdu Haoneng Technology Co's Debt-to-Equity falls into.


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Chengdu Haoneng Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chengdu Haoneng Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Chengdu Haoneng Technology Co's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Chengdu Haoneng Technology Co  (SHSE:603809) 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.


Chengdu Haoneng Technology Co Debt-to-Equity Related Terms

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Chengdu Haoneng Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 288 South Second Road, Chengdu Economic and Technological Development Zone, Sichuan Province, Chengdu, CHN, 610100
Chengdu Haoneng Technology Co Ltd is mainly engaged in synchronizer ring, synchronizer, combined tooth, and double Production and sales of automotive parts such as clutch main hub and support in China. Its products include forging synchronizer tooth rings, stamping synchronizer gear rings, and synchronizer gear ring.
Executives
Yang Yan Director
Lu Ya Ping senior management
Zhang Yong Director
Xiang Chao Ming Director
Fu Ping Director
Xiang Xing Xing Director
Mo Yao Supervisors
Hou Fan senior management
Luo Yong Supervisors
Zhang Cheng Supervisors
Xiang Chao Dong Director
Xu Ying Chao senior management
Liao Xin Min Director
Wu Yong Director

Chengdu Haoneng Technology Co Headlines

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