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Jinzi Ham Co (SZSE:002515) Debt-to-Equity : 0.04 (As of Mar. 2024)


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What is Jinzi Ham Co Debt-to-Equity?

Jinzi Ham Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥100.1 Mil. Jinzi Ham Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Jinzi Ham Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,609.8 Mil. Jinzi Ham Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

SZSE:002515' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.09   Max: 0.17
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Jinzi Ham Co was 0.17. The lowest was 0.01. And the median was 0.09.

SZSE:002515's Debt-to-Equity is ranked better than
92.83% of 279 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs SZSE:002515: 0.04

Jinzi Ham Co Debt-to-Equity Historical Data

The historical data trend for Jinzi Ham 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.

Jinzi Ham Co Debt-to-Equity Chart

Jinzi Ham 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 - 0.17 - - -

Jinzi Ham 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 - - - - 0.04

Competitive Comparison of Jinzi Ham Co's Debt-to-Equity

For the Food Distribution subindustry, Jinzi Ham 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.


Jinzi Ham Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jinzi Ham Co's Debt-to-Equity distribution charts can be found below:

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



Jinzi Ham Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Jinzi Ham 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.


Jinzi Ham Co  (SZSE:002515) 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.


Jinzi Ham Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Jinzi Ham Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Jinzi Ham Co (SZSE:002515) Business Description

Traded in Other Exchanges
N/A
Address
No. 1000 Jinfan Street, Jinhua, CHN, 321016
Jinzi Ham Co Ltd is a China-based company engaged in the processing and sales of meat products and related by-products. Its main products include ham and ham-related products, as well as featured pure meat products. It is also engaged in the cold chain logistics businesses. The company distributes its products mainly in the domestic market.
Executives
Ma Bo Qian Independent director
Shi Yan Jun Director
Xia Fan Lin Supervisors
Wang Qi Hui Directors, Directors, and Executives
Wu Yue Xiao Directors, executives
Xue Zhang Huang Director
Ma Xiao Zhong Executives
Zhu Mei Dan Executives
Zhang Yue Ai Director
Chen Shun Tong Supervisors
Zhu Ren Hua Independent director
Wang Wei Ting Directors, Directors, and Executives
Wu Xue Song Supervisors
Hu Kui Supervisors
Shi Yan Zhu Director

Jinzi Ham Co (SZSE:002515) Headlines

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