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Zhejiang Weixing Intelligent Meter Stock Co (SZSE:002849) Debt-to-Equity : 0.15 (As of Mar. 2025)


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What is Zhejiang Weixing Intelligent Meter Stock Co Debt-to-Equity?

Zhejiang Weixing Intelligent Meter Stock Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥148 Mil. Zhejiang Weixing Intelligent Meter Stock Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥46 Mil. Zhejiang Weixing Intelligent Meter Stock Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥1,333 Mil. Zhejiang Weixing Intelligent Meter Stock Co's debt to equity for the quarter that ended in Mar. 2025 was 0.15.

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 Zhejiang Weixing Intelligent Meter Stock Co's Debt-to-Equity or its related term are showing as below:

SZSE:002849' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.13   Max: 0.2
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Zhejiang Weixing Intelligent Meter Stock Co was 0.20. The lowest was 0.02. And the median was 0.13.

SZSE:002849's Debt-to-Equity is ranked better than
66.54% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs SZSE:002849: 0.15

Zhejiang Weixing Intelligent Meter Stock Co Debt-to-Equity Historical Data

The historical data trend for Zhejiang Weixing Intelligent Meter Stock 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.

Zhejiang Weixing Intelligent Meter Stock Co Debt-to-Equity Chart

Zhejiang Weixing Intelligent Meter Stock Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.16 0.13 0.12 0.13

Zhejiang Weixing Intelligent Meter Stock Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.13 0.13 0.12 0.13 0.15

Competitive Comparison of Zhejiang Weixing Intelligent Meter Stock Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Zhejiang Weixing Intelligent Meter Stock 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.


Zhejiang Weixing Intelligent Meter Stock Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Weixing Intelligent Meter Stock Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhejiang Weixing Intelligent Meter Stock Co's Debt-to-Equity falls into.


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Zhejiang Weixing Intelligent Meter Stock Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhejiang Weixing Intelligent Meter Stock Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Zhejiang Weixing Intelligent Meter Stock Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


Zhejiang Weixing Intelligent Meter Stock Co  (SZSE:002849) 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.


Zhejiang Weixing Intelligent Meter Stock Co Debt-to-Equity Related Terms

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Zhejiang Weixing Intelligent Meter Stock Co Business Description

Traded in Other Exchanges
N/A
Address
No. 366-1, Xiangyun Road, Liangzhu Street, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN, 310015
Zhejiang Weixing Intelligent Meter Stock Co Ltd is engaged in the research, development, production, and sales of intelligent gas information system platform, intelligent terminal and ultrasonic metering products. The company's products cover IC card smart terminals, RF-based and IoT-based smart metering terminals, a new generation of ultrasonic meters and "gas cloud" information management platform, from civil gas meters to industrial and commercial gas meters.
Executives
Huang Wen Qian Director
Zhang Yan Secretary, Director
Chen Zhi Yuan Executives
Gu Jin Song Executives
Li Zu Guang Executives
Fan Hui Qun Director
Yan Bing Wei Securities Affairs Representative
Ma Shan Bing Director
Zhao Yan Hua Supervisors

Zhejiang Weixing Intelligent Meter Stock Co Headlines

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