Shenzhen H&T Intelligent Control Co (SZSE:002402) Debt-to-Equity : 0.20 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shenzhen H&T Intelligent Control Co Debt-to-Equity?

Shenzhen H&T Intelligent Control Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥863 Mil. Shenzhen H&T Intelligent Control Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥60 Mil. Shenzhen H&T Intelligent Control Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,636 Mil. Shenzhen H&T Intelligent Control Co's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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 Shenzhen H&T Intelligent Control Co's Debt-to-Equity or its related term are showing as below:

SZSE:002402' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.18 Max: 0.49
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen H&T Intelligent Control Co was 0.49. The lowest was 0.01. And the median was 0.18.

SZSE:002402's Debt-to-Equity is ranked better than
60.03% of 2189 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:002402: 0.20

Shenzhen H&T Intelligent Control Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen H&T Intelligent Control 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.

Shenzhen H&T Intelligent Control Co Debt-to-Equity Chart

Shenzhen H&T Intelligent Control Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.33

0.21

0.18

0.20

Shenzhen H&T Intelligent Control 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															0.15	0.18	0.18	0.20	0.20

Competitive Comparison of Shenzhen H&T Intelligent Control Co's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Shenzhen H&T Intelligent Control 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.

Shenzhen H&T Intelligent Control Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen H&T Intelligent Control Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen H&T Intelligent Control Co's Debt-to-Equity falls into.

Shenzhen H&T Intelligent Control Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen H&T Intelligent Control 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
	=	(841.622	+	54.562)	/	4543.388
	=	0.20

Shenzhen H&T Intelligent Control Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(863.275	+	59.913)	/	4636.247
	=	0.20

Shenzhen H&T Intelligent Control Co (SZSE:002402) 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.

Shenzhen H&T Intelligent Control Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Shenzhen H&T Intelligent Control Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen H&T Intelligent Control Co (SZSE:002402) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen H&T Intelligent Control Co Ltd (SZSE:002402) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shenzhen Science and Technology 10 South Road, Tech Park, Aerospace Technology Inst Building No.6, Shenzhen, CHN, 518057

Website

http://www.szhittech.com

Shenzhen H&T Intelligent Control Co Ltd is a China-based company. It is principally engaged in the research and development, production and distribution of intelligent controllers. It offers healthcare products, such as health pots, drinking cups, foot spa tubs, and desktop air purifiers; bedroom products comprising anti-snore pillows, LED bulbs, aroma diffusers, air humidifiers, and sleep recorders; and beauty products consisting of handheld facial sprayers, ultrasonic facial massagers and scrubber cleaners, skin rejuvenation.

Executives

Liu Ming	Director
Wang Xian Fang	Director
Luo Shan Shan	Directors, Directors, and Executives
Qin Hong Wu	Directors, executives
He Zhen	Director
Zhao Xiao Ting	Securities Affairs Representative
Wang Hu Shan	Supervisors
Liu Jian Wei	Directors, executives
Wang Peng	Directors, executives

Shenzhen H&T Intelligent Control Co (SZSE:002402) Headlines

No Headlines