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Kunshan Guoli Electronic Technology Co (SHSE:688103) Debt-to-Equity : 0.41 (As of Sep. 2024)


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What is Kunshan Guoli Electronic Technology Co Debt-to-Equity?

Kunshan Guoli Electronic Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0.9 Mil. Kunshan Guoli Electronic Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥460.5 Mil. Kunshan Guoli Electronic Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,113.5 Mil. Kunshan Guoli Electronic Technology Co's debt to equity for the quarter that ended in Sep. 2024 was 0.41.

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 Kunshan Guoli Electronic Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:688103' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.17   Max: 0.47
Current: 0.41

During the past 10 years, the highest Debt-to-Equity Ratio of Kunshan Guoli Electronic Technology Co was 0.47. The lowest was 0.00. And the median was 0.17.

SHSE:688103's Debt-to-Equity is ranked worse than
61.68% of 2174 companies
in the Hardware industry
Industry Median: 0.28 vs SHSE:688103: 0.41

Kunshan Guoli Electronic Technology Co Debt-to-Equity Historical Data

The historical data trend for Kunshan Guoli Electronic 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.

Kunshan Guoli Electronic Technology Co Debt-to-Equity Chart

Kunshan Guoli Electronic Technology 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 0.15 0.11 0.04 0.03 0.41

Kunshan Guoli Electronic Technology 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 0.40 0.41 0.40 0.41 0.41

Competitive Comparison of Kunshan Guoli Electronic Technology Co's Debt-to-Equity

For the Electronic Components subindustry, Kunshan Guoli Electronic 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.


Kunshan Guoli Electronic Technology Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kunshan Guoli Electronic Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kunshan Guoli Electronic Technology Co's Debt-to-Equity falls into.


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Kunshan Guoli Electronic Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kunshan Guoli Electronic Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Kunshan Guoli Electronic Technology 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.


Kunshan Guoli Electronic Technology Co  (SHSE:688103) 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.


Kunshan Guoli Electronic Technology Co Debt-to-Equity Related Terms

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Kunshan Guoli Electronic Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Xihu Road, Development Zone, Jiangsu Province, Kunshan, CHN, 215300
Kunshan Guoli Electronic Technology Co Ltd is engaged in the research and development, production and sales of electronic vacuum devices. The main products are ceramic high-voltage vacuum relays, ceramic high-voltage vacuum capacitors, ceramic vacuum switch tubes, hydrogen thyristors, trigger tubes and others devices. The products are widely used in many industries such as communications, electric power, medical treatment, photovoltaics, and new energy vehicles.
Executives
Jia Bing Bing Core technical personnel
Wang Shao Zhe Core technical personnel
Li Yong Ming Core technical personnel
Yin Jian Ping Director, core technical staff

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