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Shenzhen Sdg Information Co (SZSE:000070) Debt-to-Equity : 1.75 (As of Mar. 2024)


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What is Shenzhen Sdg Information Co Debt-to-Equity?

Shenzhen Sdg Information Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,213 Mil. Shenzhen Sdg Information Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,157 Mil. Shenzhen Sdg Information Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,921 Mil. Shenzhen Sdg Information Co's debt to equity for the quarter that ended in Mar. 2024 was 1.75.

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 Sdg Information Co's Debt-to-Equity or its related term are showing as below:

SZSE:000070' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.66   Max: 2.13
Current: 1.75

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen Sdg Information Co was 2.13. The lowest was 0.17. And the median was 0.66.

SZSE:000070's Debt-to-Equity is ranked worse than
94.8% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:000070: 1.75

Shenzhen Sdg Information Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Sdg Information 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.

Shenzhen Sdg Information Co Debt-to-Equity Chart

Shenzhen Sdg Information 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 0.66 1.65 2.00 1.71 1.51

Shenzhen Sdg Information Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.90 1.35 1.43 1.51 1.75

Competitive Comparison of Shenzhen Sdg Information Co's Debt-to-Equity

For the Communication Equipment subindustry, Shenzhen Sdg Information 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.


Shenzhen Sdg Information Co's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Shenzhen Sdg Information Co's Debt-to-Equity falls into.



Shenzhen Sdg Information Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Shenzhen Sdg Information Co's Debt to Equity Ratio for the quarter that ended in Mar. 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 Sdg Information Co  (SZSE:000070) 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 Sdg Information Co Debt-to-Equity Related Terms

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Shenzhen Sdg Information Co (SZSE:000070) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Kefeng Road, Communications Building, Nanshan Technology Park, Shenzhen, Guangdong, CHN, 518057
Shenzhen Sdg Information Co Ltd is engaged in developing and focusing on the research and development and production of fiber optic cable, wiring network equipment, and communication equipment. The products of the company include optical fiber distribution frame, cable transfer box, splitter, single mode fiber, and low loss single mode fiber.
Executives
Zhang Sui Supervisors
Yang Hong Yu Directors, executives
Wang Bao Director
Liu Yan Supervisors
Cheng Peng Executives
Luo Tao Executives
Zhang Da Jun Secretary Dong
Liu Yang Executives
Jiang Qin Jian Directors, executives
Chen Hua Directors, executives
Wang Hai Lin Executives
Li Bin Xue Supervisors
Lu Bing Yi Supervisors
Guo Yue Executives
Guo Jian Min Executives

Shenzhen Sdg Information Co (SZSE:000070) Headlines

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