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Wanbangde Pharmaceutical Holding Group Co (SZSE:002082) Debt-to-Equity : 0.36 (As of Sep. 2024)


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What is Wanbangde Pharmaceutical Holding Group Co Debt-to-Equity?

Wanbangde Pharmaceutical Holding Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥867 Mil. Wanbangde Pharmaceutical Holding Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥95 Mil. Wanbangde Pharmaceutical Holding Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,664 Mil. Wanbangde Pharmaceutical Holding Group Co's debt to equity for the quarter that ended in Sep. 2024 was 0.36.

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 Wanbangde Pharmaceutical Holding Group Co's Debt-to-Equity or its related term are showing as below:

SZSE:002082' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.33   Max: 0.77
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Wanbangde Pharmaceutical Holding Group Co was 0.77. The lowest was 0.00. And the median was 0.33.

SZSE:002082's Debt-to-Equity is ranked worse than
57.72% of 823 companies
in the Drug Manufacturers industry
Industry Median: 0.28 vs SZSE:002082: 0.36

Wanbangde Pharmaceutical Holding Group Co Debt-to-Equity Historical Data

The historical data trend for Wanbangde Pharmaceutical Holding Group 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.

Wanbangde Pharmaceutical Holding Group Co Debt-to-Equity Chart

Wanbangde Pharmaceutical Holding Group 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 0.69 0.71 0.32 0.32 0.37

Wanbangde Pharmaceutical Holding Group 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 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 0.43 0.37 0.38 0.35 0.36

Competitive Comparison of Wanbangde Pharmaceutical Holding Group Co's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Wanbangde Pharmaceutical Holding Group 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.


Wanbangde Pharmaceutical Holding Group Co's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Wanbangde Pharmaceutical Holding Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wanbangde Pharmaceutical Holding Group Co's Debt-to-Equity falls into.


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Wanbangde Pharmaceutical Holding Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wanbangde Pharmaceutical Holding Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Wanbangde Pharmaceutical Holding Group Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Wanbangde Pharmaceutical Holding Group Co  (SZSE:002082) 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.


Wanbangde Pharmaceutical Holding Group Co Debt-to-Equity Related Terms

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Wanbangde Pharmaceutical Holding Group Co Business Description

Traded in Other Exchanges
N/A
Address
Dongliang Road 1688, Zhili Town, Zhejiang, Huzhou, CHN, 313008
Wanbangde Pharmaceutical Holding Group Co Ltd is mainly engaged in the pharmaceutical manufacturing and medical equipment-based health industry.
Executives
Zhao Shou Ming Directors, executives
Wang Tian Fang Director
Li Rong Fang Supervisors
Zhu Jian Xin Directors, executives
Yang Jin Rong Executives
Song Tie He Directors, executives
Song Jian Hua Executives
Pan Yun Chu Director
Yu Ju Ming Executives
Yang Mei Gen Executives
Tao Jian Feng Supervisors
Qian Shu Sheng Executives
Shen Bai Ming Director
Xu Yin Sheng Director
Shuang Zhi Wei Executives

Wanbangde Pharmaceutical Holding Group Co Headlines

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