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Ficont Industry (Beijing) Co (SHSE:605305) Debt-to-Equity : 0.01 (As of Sep. 2024)


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What is Ficont Industry (Beijing) Co Debt-to-Equity?

Ficont Industry (Beijing) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥4 Mil. Ficont Industry (Beijing) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥7 Mil. Ficont Industry (Beijing) Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,503 Mil. Ficont Industry (Beijing) 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 Ficont Industry (Beijing) Co's Debt-to-Equity or its related term are showing as below:

SHSE:605305' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.02
Current: 0.01

During the past 11 years, the highest Debt-to-Equity Ratio of Ficont Industry (Beijing) Co was 0.02. The lowest was 0.00. And the median was 0.01.

SHSE:605305's Debt-to-Equity is ranked better than
99.96% of 2595 companies
in the Industrial Products industry
Industry Median: 0.29 vs SHSE:605305: 0.01

Ficont Industry (Beijing) Co Debt-to-Equity Historical Data

The historical data trend for Ficont Industry (Beijing) 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.

Ficont Industry (Beijing) Co Debt-to-Equity Chart

Ficont Industry (Beijing) Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 - - 0.01

Ficont Industry (Beijing) 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Ficont Industry (Beijing) Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Ficont Industry (Beijing) 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.


Ficont Industry (Beijing) Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ficont Industry (Beijing) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ficont Industry (Beijing) Co's Debt-to-Equity falls into.



Ficont Industry (Beijing) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ficont Industry (Beijing) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ficont Industry (Beijing) 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.


Ficont Industry (Beijing) Co  (SHSE:605305) 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.


Ficont Industry (Beijing) Co Debt-to-Equity Related Terms

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Ficont Industry (Beijing) Co Business Description

Traded in Other Exchanges
N/A
Address
Chuangyi East 2nd Road, Building 1, No.15 Courtyard, Tongzhou District, Beijing, CHN, 101106
Ficont Industry (Beijing) Co Ltd provides solutions for high-altitude safety operation equipment and high-altitude safety operation services.
Executives
Wang Xi Jun Directors, senior managers
Ma Dong Sheng Directors, senior managers

Ficont Industry (Beijing) Co Headlines

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