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Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) Debt-to-Equity : 0.96 (As of Jun. 2024)


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What is Jiangsu Jingyuan Environmental Protection Co Debt-to-Equity?

Jiangsu Jingyuan Environmental Protection Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥317.7 Mil. Jiangsu Jingyuan Environmental Protection Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥449.8 Mil. Jiangsu Jingyuan Environmental Protection Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥801.2 Mil. Jiangsu Jingyuan Environmental Protection Co's debt to equity for the quarter that ended in Jun. 2024 was 0.96.

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 Jiangsu Jingyuan Environmental Protection Co's Debt-to-Equity or its related term are showing as below:

SHSE:688096' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.22   Max: 0.96
Current: 0.96

During the past 11 years, the highest Debt-to-Equity Ratio of Jiangsu Jingyuan Environmental Protection Co was 0.96. The lowest was 0.05. And the median was 0.22.

SHSE:688096's Debt-to-Equity is ranked worse than
53.48% of 488 companies
in the Utilities - Regulated industry
Industry Median: 0.845 vs SHSE:688096: 0.96

Jiangsu Jingyuan Environmental Protection Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Jingyuan Environmental Protection 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.

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Jiangsu Jingyuan Environmental Protection Co Debt-to-Equity Chart

Jiangsu Jingyuan Environmental Protection 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 0.15 0.11 0.21 0.62 0.88

Jiangsu Jingyuan Environmental Protection Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.70 0.75 0.88 0.94 0.96

Competitive Comparison of Jiangsu Jingyuan Environmental Protection Co's Debt-to-Equity

For the Utilities - Regulated Water subindustry, Jiangsu Jingyuan Environmental Protection 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.


Jiangsu Jingyuan Environmental Protection Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangsu Jingyuan Environmental Protection Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Jingyuan Environmental Protection Co's Debt-to-Equity falls into.



Jiangsu Jingyuan Environmental Protection Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Jingyuan Environmental Protection Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangsu Jingyuan Environmental Protection Co's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Jiangsu Jingyuan Environmental Protection Co  (SHSE:688096) 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.


Jiangsu Jingyuan Environmental Protection Co Debt-to-Equity Related Terms

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Jiangsu Jingyuan Environmental Protection Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Chongchuan Road, 1st Floor, Building 9, Jiangsu Province, Nantong, CHN, 226000
Jiangsu Jingyuan Environmental Protection Co Ltd is engaged in provision of industrial water treatment. The company relies on self-developed core technologies such as industrial wastewater electronic flocculation treatment technology, high-efficiency wastewater zero discharge technology, and high-efficiency wastewater electrocatalytic oxidation technology. It provides large-scale enterprise customers with consulting, integration and sales, and engineering contracting, research and design of industrial water treatment equipment.
Executives
Ji Meng Directors, senior managers
Ji Xian Hua Directors, senior managers, core technical personn
Su Hai Juan Directors, senior managers

Jiangsu Jingyuan Environmental Protection Co Headlines

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