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Shenzhen Qingyi Photomask (SHSE:688138) Debt-to-Equity : 0.45 (As of Jun. 2024)


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What is Shenzhen Qingyi Photomask Debt-to-Equity?

Shenzhen Qingyi Photomask's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥458 Mil. Shenzhen Qingyi Photomask's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥174 Mil. Shenzhen Qingyi Photomask's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥1,400 Mil. Shenzhen Qingyi Photomask's debt to equity for the quarter that ended in Jun. 2024 was 0.45.

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 Shenzhen Qingyi Photomask's Debt-to-Equity or its related term are showing as below:

SHSE:688138' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.12   Max: 0.45
Current: 0.45

During the past 12 years, the highest Debt-to-Equity Ratio of Shenzhen Qingyi Photomask was 0.45. The lowest was 0.04. And the median was 0.12.

SHSE:688138's Debt-to-Equity is ranked worse than
63.91% of 2189 companies
in the Hardware industry
Industry Median: 0.29 vs SHSE:688138: 0.45

Shenzhen Qingyi Photomask Debt-to-Equity Historical Data

The historical data trend for Shenzhen Qingyi Photomask'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.

Shenzhen Qingyi Photomask Debt-to-Equity Chart

Shenzhen Qingyi Photomask 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 0.04 0.04 0.09 0.13 0.27

Shenzhen Qingyi Photomask 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 0.13 0.15 0.27 0.36 0.45

Competitive Comparison of Shenzhen Qingyi Photomask's Debt-to-Equity

For the Electronic Components subindustry, Shenzhen Qingyi Photomask'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.


Shenzhen Qingyi Photomask's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Qingyi Photomask's Debt-to-Equity falls into.



Shenzhen Qingyi Photomask Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Qingyi Photomask's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shenzhen Qingyi Photomask'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.


Shenzhen Qingyi Photomask  (SHSE:688138) 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.


Shenzhen Qingyi Photomask Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Shenzhen Qingyi Photomask's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Qingyi Photomask Business Description

Traded in Other Exchanges
N/A
Address
Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
Executives
Hao Ming Yi Core technical personnel
Hou Hong Hao Core technical personnel
Xiong Qi Long Core technical personnel
Qin Shen senior management
Deng Zhen Yu Core technical personnel
Chen Hai Ying Supervisors

Shenzhen Qingyi Photomask Headlines

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