Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) Debt-to-Equity : 0.37 (As of Mar. 2025)

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What is Silvery Dragon Prestressed Materials Co Tianjin Debt-to-Equity?

Silvery Dragon Prestressed Materials Co Tianjin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥614 Mil. Silvery Dragon Prestressed Materials Co Tianjin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥304 Mil. Silvery Dragon Prestressed Materials Co Tianjin's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥2,509 Mil. Silvery Dragon Prestressed Materials Co Tianjin's debt to equity for the quarter that ended in Mar. 2025 was 0.37.

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 Silvery Dragon Prestressed Materials Co Tianjin's Debt-to-Equity or its related term are showing as below:

SHSE:603969' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 0.37
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Silvery Dragon Prestressed Materials Co Tianjin was 0.37. The lowest was 0.01. And the median was 0.16.

SHSE:603969's Debt-to-Equity is ranked better than
56.78% of 553 companies
in the Steel industry
Industry Median: 0.44 vs SHSE:603969: 0.37

Silvery Dragon Prestressed Materials Co Tianjin Debt-to-Equity Historical Data

The historical data trend for Silvery Dragon Prestressed Materials Co Tianjin'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.

Silvery Dragon Prestressed Materials Co Tianjin Debt-to-Equity Chart

Silvery Dragon Prestressed Materials Co Tianjin Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.16

0.21

0.08

0.18

0.33

Silvery Dragon Prestressed Materials Co Tianjin 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															0.19	0.23	0.32	0.33	0.37

Competitive Comparison of Silvery Dragon Prestressed Materials Co Tianjin's Debt-to-Equity

For the Steel subindustry, Silvery Dragon Prestressed Materials Co Tianjin'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.

Silvery Dragon Prestressed Materials Co Tianjin's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Silvery Dragon Prestressed Materials Co Tianjin's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Silvery Dragon Prestressed Materials Co Tianjin's Debt-to-Equity falls into.

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Silvery Dragon Prestressed Materials Co Tianjin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Silvery Dragon Prestressed Materials Co Tianjin's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(500.115	+	299.137)	/	2441.087
	=	0.33

Silvery Dragon Prestressed Materials Co Tianjin's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(613.996	+	303.637)	/	2508.666
	=	0.37

Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) 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.

Silvery Dragon Prestressed Materials Co Tianjin Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Silvery Dragon Prestressed Materials Co Tianjin's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Silvery Dragon Prestressed Materials Co Tianjin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Silvery Dragon Prestressed Materials Co Ltd Tianjin (SHSE:603969) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No.62 Shuangyuan Industry Park, Shuangjiang Road, Beichen District, Tianjin, CHN, 300400

Website

http://en.yinlong.com

Silvery Dragon Prestressed Materials Co Ltd Tianjin is engaged in the manufacturing of prestressed concrete steels. Its products include the whole system of PC wire, PC bar, and PC strand, also developed the special PC steel and the large diameter pre-stressed steel rods, hollow pre-stressed anchor bars, and for customers to develop all kinds of new products. It also researches of Railway sleeper, Railway track plate, bridges, PCCP water division pipe, hollow core board, PC pile and other Prestressed concrete structure.

Executives

Zhong Zhi Chao	Director
Xie Zhi Chao	senior management
Ai Zhi Gang	senior management
Zhang Qi Ming	senior management
Yu Jing Qi	Director
Xie Zhi Feng	Director
Xie Tie Gen	Director
Xie Zhao Ting	Supervisors
Xie Hui Zong	senior management
Xie Zhi Qin	senior management
Li Jing Quan	senior management
Zhang Xin	Director
Sun Wei Na	Director
Xie Tie Qiao	Director
Lian Jiang	Supervisors

Silvery Dragon Prestressed Materials Co Tianjin Headlines

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