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Huangshan Novel Co (SZSE:002014) Debt-to-Equity : 0.37 (As of Dec. 2024)


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What is Huangshan Novel Co Debt-to-Equity?

Huangshan Novel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥823 Mil. Huangshan Novel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥130 Mil. Huangshan Novel Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ¥2,589 Mil. Huangshan Novel Co's debt to equity for the quarter that ended in Dec. 2024 was 0.37.

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

SZSE:002014' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.37
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Huangshan Novel Co was 0.37. The lowest was 0.01. And the median was 0.06.

SZSE:002014's Debt-to-Equity is ranked better than
54.47% of 358 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs SZSE:002014: 0.37

Huangshan Novel Co Debt-to-Equity Historical Data

The historical data trend for Huangshan Novel 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.

Huangshan Novel Co Debt-to-Equity Chart

Huangshan Novel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.06 0.23 0.29 0.37

Huangshan Novel 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 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 0.29 0.29 0.29 0.34 0.37

Competitive Comparison of Huangshan Novel Co's Debt-to-Equity

For the Packaging & Containers subindustry, Huangshan Novel 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.


Huangshan Novel Co's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huangshan Novel Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Huangshan Novel Co's Debt-to-Equity falls into.


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Huangshan Novel Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huangshan Novel Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Huangshan Novel Co's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Huangshan Novel Co  (SZSE:002014) 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.


Huangshan Novel Co Debt-to-Equity Related Terms

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Huangshan Novel Co Business Description

Traded in Other Exchanges
N/A
Address
No.188, Huizhou East Road, Huizhou District, Anhui Province, Huangshan, CHN, 245900
Huangshan Novel Co Ltd is a China-based company manufactures and sells packaging materials. It specializes in plastic color-printing and laminating flexible packaging materials, vacuum metalized films and multi-functional films. Its products are used in foodstuff, daily chemicals, pharmaceutical, agrochemicals, electronics, building materials and other fields. Geographically, the company sells its product in Chinese and other international markets such as Europe, America, Mexico, Japan, the Middle East and Asia.
Executives
Fang Zhou Directors, executives
Ye Da Qing Directors, executives
Shen Tao Director
Bao Zu Ben Directors, executives
Xu Li Jie Supervisors
Tang Yong Liang Securities Affairs Representative
Jiang Ji Zhong Director
Hu Fu Shun Supervisors
Xu Shan Jun Supervisors
Fang Xiu Hua Executives
Jiang Tian Bao Supervisors

Huangshan Novel Co Headlines

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