GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shennan Circuits Co Ltd (SZSE:002916) » Definitions » Debt-to-Equity

Shennan Circuits Co (SZSE:002916) Debt-to-Equity : 0.23 (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Shennan Circuits Co Debt-to-Equity?

Shennan Circuits Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥716 Mil. Shennan Circuits Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ¥2,581 Mil. Shennan Circuits Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ¥14,617 Mil. Shennan Circuits Co's debt to equity for the quarter that ended in Dec. 2024 was 0.23.

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

SZSE:002916' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.34   Max: 1.1
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Shennan Circuits Co was 1.10. The lowest was 0.22. And the median was 0.34.

SZSE:002916's Debt-to-Equity is ranked better than
55.04% of 2173 companies
in the Hardware industry
Industry Median: 0.28 vs SZSE:002916: 0.23

Shennan Circuits Co Debt-to-Equity Historical Data

The historical data trend for Shennan Circuits 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.

Shennan Circuits Co Debt-to-Equity Chart

Shennan Circuits 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 0.24 0.27 0.22 0.24 0.23

Shennan Circuits Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.24 0.24 0.23 0.23 0.23

Competitive Comparison of Shennan Circuits Co's Debt-to-Equity

For the Electronic Components subindustry, Shennan Circuits 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.


Shennan Circuits Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shennan Circuits Co's Debt-to-Equity distribution charts can be found below:

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


;
;

Shennan Circuits Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shennan Circuits Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Shennan Circuits Co's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Shennan Circuits Co  (SZSE:002916) 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.


Shennan Circuits Co Debt-to-Equity Related Terms

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


Shennan Circuits Co Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Qiao Cheng EAST Road, Nanshan District, Shenzhen, CHN
Shennan Circuits Co Ltd is engaged in Research and development, production and sales of printed circuit boards, packaging substrates and electronic assembly products.
Executives
Wang Cheng Yong Executives
Zhang Li Jun Directors, executives
Yang Zhi Cheng Director
Zhang Li Hua Executives
Gong Jian Executives
Zhou Jin Qun Directors, executives
Xie Yan Hong Supervisors

Shennan Circuits Co Headlines

No Headlines