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Jiajia Food Group Co (SZSE:002650) Debt-to-Equity : 0.12 (As of Mar. 2024)


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What is Jiajia Food Group Co Debt-to-Equity?

Jiajia Food Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥250 Mil. Jiajia Food Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1 Mil. Jiajia Food Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,069 Mil. Jiajia Food Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 Jiajia Food Group Co's Debt-to-Equity or its related term are showing as below:

SZSE:002650' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.12   Max: 0.21
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Jiajia Food Group Co was 0.21. The lowest was 0.00. And the median was 0.12.

SZSE:002650's Debt-to-Equity is ranked better than
77.29% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs SZSE:002650: 0.12

Jiajia Food Group Co Debt-to-Equity Historical Data

The historical data trend for Jiajia Food 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.

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Jiajia Food Group Co Debt-to-Equity Chart

Jiajia Food 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 0.03 0.12 - 0.04 0.10

Jiajia Food Group 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 0.06 0.07 0.07 0.10 0.12

Competitive Comparison of Jiajia Food Group Co's Debt-to-Equity

For the Packaged Foods subindustry, Jiajia Food 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.


Jiajia Food Group Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiajia Food Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiajia Food Group Co's Debt-to-Equity falls into.



Jiajia Food Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Jiajia Food Group 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.


Jiajia Food Group Co  (SZSE:002650) 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.


Jiajia Food Group Co Debt-to-Equity Related Terms

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Jiajia Food Group Co (SZSE:002650) Business Description

Traded in Other Exchanges
N/A
Address
Chezhan Road, Ningxiang County Economic, Changsha, CHN, 410600
Jiajia Food Group Co Ltd is a food manufacturing company based in China. The company is primarily engaged in the research and development, production and marketing of various types of seasonings and edible oil. Its product offering includes soy sauces, tea oils, edible oils, compound seasoning products and hot pot sauces.
Executives
Liu Yong Jiao Directors, executives
Chen Bo Qiu Executives
Xiao Sai Ping Director
Yang Zhen Directors, executives
Song Xiang Qian Director

Jiajia Food Group Co (SZSE:002650) Headlines

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