Sunward Intelligent Equipment Co (SZSE:002097) Debt-to-Equity : 2.18 (As of Mar. 2025)

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What is Sunward Intelligent Equipment Co Debt-to-Equity?

Sunward Intelligent Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥6,458 Mil. Sunward Intelligent Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥3,857 Mil. Sunward Intelligent Equipment Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥4,723 Mil. Sunward Intelligent Equipment Co's debt to equity for the quarter that ended in Mar. 2025 was 2.18.

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 Sunward Intelligent Equipment Co's Debt-to-Equity or its related term are showing as below:

SZSE:002097' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.82 Med: 1.23 Max: 2.28
Current: 2.18

During the past 13 years, the highest Debt-to-Equity Ratio of Sunward Intelligent Equipment Co was 2.28. The lowest was 0.82. And the median was 1.23.

SZSE:002097's Debt-to-Equity is ranked worse than
93.16% of 190 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.39 vs SZSE:002097: 2.18

Sunward Intelligent Equipment Co Debt-to-Equity Historical Data

The historical data trend for Sunward Intelligent Equipment 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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Sunward Intelligent Equipment Co Debt-to-Equity Chart

Sunward Intelligent Equipment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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1.15

1.24

1.98

2.17

2.10

Sunward Intelligent Equipment Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															2.25	2.21	2.24	2.10	2.18

Competitive Comparison of Sunward Intelligent Equipment Co's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Sunward Intelligent Equipment 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.

Sunward Intelligent Equipment Co's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sunward Intelligent Equipment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sunward Intelligent Equipment Co's Debt-to-Equity falls into.

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Sunward Intelligent Equipment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunward Intelligent Equipment Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(5234.437	+	4438.525)	/	4614.437
	=	2.10

Sunward Intelligent Equipment Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(6458.45	+	3856.508)	/	4723.043
	=	2.18

Sunward Intelligent Equipment Co (SZSE:002097) 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.

Sunward Intelligent Equipment Co Debt-to-Equity Related Terms

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Sunward Intelligent Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sunward Intelligent Equipment Co Ltd (SZSE:002097) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 16 Lixiang Middle Road, National Economic and Technical Development Zone, Changsha, Hunan, CHN, 410100

Website

http://www.sunward.com.cn

Sunward Intelligent Equipment Co Ltd is engaged in the manufacture and sale of construction machinery in China. Its products include Excavator, Underground Machinery, Drilling Equipment, Hoisting Machinery and Earthmoving Machinery.

Executives

Zhang Da Qing	Directors, executives
Long Ju Cai	Executives
He Qing Hua	Director
Zhang Ai Min	Supervisors
Tang Biao	Executives
Chen Qian Gen	Supervisors
Xia Zhi Hong	Directors, executives
Deng Guo Qi	Executives
Li Wei Guo	Supervisors
Tuo Xin Lin	Executives
Gong Jin	Directors, executives
Peng Jian Feng	Director
Zhu Jian Xin	Supervisors
Peng Meng Wu	Directors, executives

Sunward Intelligent Equipment Co Headlines

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