Zhejiang Supor Co (SZSE:002032) Debt-to-Equity : 0.08 (As of Sep. 2024)

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What is Zhejiang Supor Co Debt-to-Equity?

Zhejiang Supor Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥244 Mil. Zhejiang Supor Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥181 Mil. Zhejiang Supor Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥5,611 Mil. Zhejiang Supor Co's debt to equity for the quarter that ended in Sep. 2024 was 0.08.

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

SZSE:002032' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.08
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Zhejiang Supor Co was 0.08. The lowest was 0.02. And the median was 0.03.

SZSE:002032's Debt-to-Equity is ranked better than
82.89% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.36 vs SZSE:002032: 0.08

Zhejiang Supor Co Debt-to-Equity Historical Data

The historical data trend for Zhejiang Supor 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.

Zhejiang Supor Co Debt-to-Equity Chart

Zhejiang Supor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.02

0.03

0.07

Zhejiang Supor Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.07	0.03	0.08	0.08

Competitive Comparison of Zhejiang Supor Co's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Zhejiang Supor 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.

Zhejiang Supor Co's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhejiang Supor Co's Debt-to-Equity distribution charts can be found below:

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

Zhejiang Supor Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhejiang Supor Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(247.309	+	177.281)	/	6345.333
	=	0.07

Zhejiang Supor Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(243.578	+	181.454)	/	5611.235
	=	0.08

Zhejiang Supor Co (SZSE:002032) 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.

Zhejiang Supor Co Debt-to-Equity Related Terms

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Zhejiang Supor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zhejiang Supor Co Ltd (SZSE:002032) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15th Floor, Supor Building, No. 1772 Jianghui Road, Hangzhou High-tech Industrial Zone, Zhejiang Province, Hangzhou, CHN, 310051

Website

https://www.supor.com.cn

Supor is one of the largest kitchen electric appliance, cookware, and utensil manufacturers in China, with a business footprint in most Chinese provinces through online and offline channels. In 2007, France-based kitchen appliance producer Groupe SEB acquired 53% of Supor's shares and became its controlling shareholder. Groupe SEB held 82% of Supor's equity interest as of June 2024. Aside from domestic presence, Supor generates about 30% of revenue from North American, Latin American, European, and Asian markets, mainly through Groupe SEB's distribution network.

Executives

Xu Bo	Executives
Su Xian Ze	Director
Ye Ji De	Directors, executives
Su Ming Rui	Executives
Lu Lan Hua	Supervisors
Yan Jue Ming	Supervisors
Wang Feng He	Executives
Zhang Dong Li	Director

Zhejiang Supor Co Headlines

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