Shanghai Haoyuan Chemexpress Co (SHSE:688131) Debt-to-Equity : 0.66 (As of Dec. 2024)

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What is Shanghai Haoyuan Chemexpress Co Debt-to-Equity?

Shanghai Haoyuan Chemexpress Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥659 Mil. Shanghai Haoyuan Chemexpress Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥1,247 Mil. Shanghai Haoyuan Chemexpress Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ¥2,878 Mil. Shanghai Haoyuan Chemexpress Co's debt to equity for the quarter that ended in Dec. 2024 was 0.66.

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 Shanghai Haoyuan Chemexpress Co's Debt-to-Equity or its related term are showing as below:

SHSE:688131' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.3 Max: 0.66
Current: 0.66

During the past 12 years, the highest Debt-to-Equity Ratio of Shanghai Haoyuan Chemexpress Co was 0.66. The lowest was 0.06. And the median was 0.30.

SHSE:688131's Debt-to-Equity is ranked worse than
75.27% of 825 companies
in the Drug Manufacturers industry
Industry Median: 0.28 vs SHSE:688131: 0.66

Shanghai Haoyuan Chemexpress Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Haoyuan Chemexpress 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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Shanghai Haoyuan Chemexpress Co Debt-to-Equity Chart

Shanghai Haoyuan Chemexpress Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.33

0.11

0.28

0.42

0.66

Shanghai Haoyuan Chemexpress 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															0.42	0.43	0.43	0.48	0.66

Competitive Comparison of Shanghai Haoyuan Chemexpress Co's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Shanghai Haoyuan Chemexpress 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.

Shanghai Haoyuan Chemexpress Co's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shanghai Haoyuan Chemexpress Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Haoyuan Chemexpress Co's Debt-to-Equity falls into.

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Shanghai Haoyuan Chemexpress Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Haoyuan Chemexpress Co'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
	=	(659.238	+	1246.665)	/	2877.877
	=	0.66

Shanghai Haoyuan Chemexpress Co's Debt to Equity Ratio for the quarter 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
	=	(659.238	+	1246.665)	/	2877.877
	=	0.66

Shanghai Haoyuan Chemexpress Co (SHSE:688131) 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.

Shanghai Haoyuan Chemexpress Co Debt-to-Equity Related Terms

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Shanghai Haoyuan Chemexpress Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shanghai Haoyuan Chemexpress Co Ltd (SHSE:688131) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 2, Lane 720, Cailun Road, Room 501, Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

http://www.chemexpress.com.cn

Shanghai Haoyuan Chemexpress Co Ltd focuses on providing small molecule and new modalities CDMO services for both pharmaceutical and biotech clients. The company's comprehensive CRO & CDMO platform is engaged in the research and development, manufacturing and supply of regulatory starting materials, novel building blocks, intermediates, reference compounds, APIs and drug products. It is a one-stop service platform to support client's projects from early drug discovery, process development to commercialization. The company is committed to delivering high-quality products and CMC services to clients across the entire life cycle of drug development.

Executives

Mei Kui

Core technical personnel

Shanghai Haoyuan Chemexpress Co Headlines

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