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Aerospace CH UAV Co (SZSE:002389) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is Aerospace CH UAV Co Debt-to-Equity?

Aerospace CH UAV Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥89 Mil. Aerospace CH UAV Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥28 Mil. Aerospace CH UAV Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥8,029 Mil. Aerospace CH UAV Co's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Aerospace CH UAV Co's Debt-to-Equity or its related term are showing as below:

SZSE:002389' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.23
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Aerospace CH UAV Co was 0.23. The lowest was 0.02. And the median was 0.04.

SZSE:002389's Debt-to-Equity is ranked better than
94.21% of 259 companies
in the Aerospace & Defense industry
Industry Median: 0.42 vs SZSE:002389: 0.02

Aerospace CH UAV Co Debt-to-Equity Historical Data

The historical data trend for Aerospace CH UAV 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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Aerospace CH UAV Co Debt-to-Equity Chart

Aerospace CH UAV 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 0.07 0.05 0.04 0.03 0.04

Aerospace CH UAV 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 0.03 0.03 0.03 0.04 0.02

Competitive Comparison of Aerospace CH UAV Co's Debt-to-Equity

For the Aerospace & Defense subindustry, Aerospace CH UAV 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.


Aerospace CH UAV Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace CH UAV Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aerospace CH UAV Co's Debt-to-Equity falls into.



Aerospace CH UAV Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aerospace CH UAV Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Aerospace CH UAV 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.


Aerospace CH UAV Co  (SZSE:002389) 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.


Aerospace CH UAV Co Debt-to-Equity Related Terms

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Aerospace CH UAV Co (SZSE:002389) Business Description

Traded in Other Exchanges
N/A
Address
388 Boulevard Development Zone, Taizhou, CHN, 318000
Aerospace CH UAV Co Ltd is engaged in the development, design, production, maintenance and sales of aviation, spacecraft and equipment, film for capacitors, optical grade polyester film, solar battery back film, packaging film, capacitor manufacturing, sales, aviation, spacecraft and equipment technical consulting services, equipment leasing, computer software design, research and development, installation, commissioning and technical services.
Executives
Qin Yong Ming Director
Shao Yi Xing Executives
Zhang Quan Supervisors
Zhang Li Song Supervisors
Li Feng Director
Huang Guo Jiang Director
Hu Xiao Feng Director
Du Zhi Xi Directors, executives
Hu Mei Xiao Directors, executives
Hong Wei Supervisors
Wang Yun Yan Supervisors
Feng Xiao Yu Director
Feng Hai Bin Supervisors

Aerospace CH UAV Co (SZSE:002389) Headlines

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