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FAWER Automotive Parts Co (SZSE:000030) Debt-to-Equity : 0.14 (As of Jun. 2024)


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What is FAWER Automotive Parts Co Debt-to-Equity?

FAWER Automotive Parts Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥877 Mil. FAWER Automotive Parts Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥198 Mil. FAWER Automotive Parts Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥7,570 Mil. FAWER Automotive Parts Co's debt to equity for the quarter that ended in Jun. 2024 was 0.14.

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 FAWER Automotive Parts Co's Debt-to-Equity or its related term are showing as below:

SZSE:000030' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.16
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of FAWER Automotive Parts Co was 0.16. The lowest was 0.02. And the median was 0.05.

SZSE:000030's Debt-to-Equity is ranked better than
79.36% of 1187 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SZSE:000030: 0.14

FAWER Automotive Parts Co Debt-to-Equity Historical Data

The historical data trend for FAWER Automotive Parts 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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FAWER Automotive Parts Co Debt-to-Equity Chart

FAWER Automotive Parts 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 0.05 0.05 0.07 0.14 0.14

FAWER Automotive Parts 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 0.13 0.16 0.14 0.13 0.14

Competitive Comparison of FAWER Automotive Parts Co's Debt-to-Equity

For the Auto Parts subindustry, FAWER Automotive Parts 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.


FAWER Automotive Parts Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FAWER Automotive Parts Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FAWER Automotive Parts Co's Debt-to-Equity falls into.



FAWER Automotive Parts Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FAWER Automotive Parts Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

FAWER Automotive Parts 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.


FAWER Automotive Parts Co  (SZSE:000030) 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.


FAWER Automotive Parts Co Debt-to-Equity Related Terms

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FAWER Automotive Parts Co Business Description

Traded in Other Exchanges
Address
777 Dongfeng South Street, Xixin Economic Development Zone, Jilin Province, Changchun City, CHN, 130033
FAWER Automotive Parts Ltd Co is engaged in manufacturing automotive parts and components of environment control systems, chassis systems, steering and transmission systems, safety systems, engine accessory systems.
Executives
Wang Xiao Ping Directors, executives
Gan Xian Guo Directors, executives
Yang Yi Ping Executives
Du Xin Yue Executives
Zu Xue Zhong Executives
Ye Fan Directors, executives
Ban Wu Director
Niu Su Yan Supervisors
Gong Yi Heng Supervisors

FAWER Automotive Parts Co Headlines

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