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Luyan Pharma Co (SZSE:002788) Debt-to-Equity : 1.56 (As of Jun. 2024)


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What is Luyan Pharma Co Debt-to-Equity?

Luyan Pharma Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥4,154 Mil. Luyan Pharma Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥707 Mil. Luyan Pharma Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥3,123 Mil. Luyan Pharma Co's debt to equity for the quarter that ended in Jun. 2024 was 1.56.

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

SZSE:002788' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67   Med: 1.72   Max: 2.08
Current: 1.56

During the past 13 years, the highest Debt-to-Equity Ratio of Luyan Pharma Co was 2.08. The lowest was 0.67. And the median was 1.72.

SZSE:002788's Debt-to-Equity is ranked worse than
83.03% of 554 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs SZSE:002788: 1.56

Luyan Pharma Co Debt-to-Equity Historical Data

The historical data trend for Luyan Pharma 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.

Luyan Pharma Co Debt-to-Equity Chart

Luyan Pharma 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 1.82 1.52 1.80 1.86 1.64

Luyan Pharma Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.89 1.85 1.64 1.67 1.56

Competitive Comparison of Luyan Pharma Co's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Luyan Pharma 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.


Luyan Pharma Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Luyan Pharma Co's Debt-to-Equity distribution charts can be found below:

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



Luyan Pharma Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Luyan Pharma Co's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Luyan Pharma Co  (SZSE:002788) 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.


Luyan Pharma Co Debt-to-Equity Related Terms

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Luyan Pharma Co Business Description

Traded in Other Exchanges
N/A
Address
1004 Ridge Road, Huli District, Fujian Province, Xiamen City, CHN, 361 010
Luyan Pharma Co Ltd, formerly Luyan (Fujian) Pharma Co Ltd engages in the production, operation, distribution, and retail of human health products in China. It provides medical and health products.
Executives
Zhu Ming Guo Executives
Yang Cong Jin Directors, executives
Lei Ming Directors, executives
Li Wei Yang Executives
Cai Mei Zhen Supervisors
Li Cui Ping Supervisors
Wu Jin Xiang Directors, executives
Zhang Jun Ying Executives
Wu Huo Lu Director

Luyan Pharma Co Headlines

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