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Shenzhen Capchem Technology Co (SZSE:300037) Debt-to-Equity : 0.34 (As of Mar. 2024)


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What is Shenzhen Capchem Technology Co Debt-to-Equity?

Shenzhen Capchem Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥865 Mil. Shenzhen Capchem Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,300 Mil. Shenzhen Capchem Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥9,438 Mil. Shenzhen Capchem Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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 Shenzhen Capchem Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:300037' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.13   Max: 0.35
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen Capchem Technology Co was 0.35. The lowest was 0.00. And the median was 0.13.

SZSE:300037's Debt-to-Equity is ranked better than
52.23% of 1392 companies
in the Chemicals industry
Industry Median: 0.36 vs SZSE:300037: 0.34

Shenzhen Capchem Technology Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Capchem Technology 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.

Shenzhen Capchem Technology Co Debt-to-Equity Chart

Shenzhen Capchem Technology 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 0.15 0.14 0.10 0.33 0.33

Shenzhen Capchem Technology 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 0.30 0.35 0.35 0.33 0.34

Competitive Comparison of Shenzhen Capchem Technology Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Shenzhen Capchem Technology 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.


Shenzhen Capchem Technology Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Capchem Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Capchem Technology Co's Debt-to-Equity falls into.



Shenzhen Capchem Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Shenzhen Capchem Technology 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.


Shenzhen Capchem Technology Co  (SZSE:300037) 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.


Shenzhen Capchem Technology Co Debt-to-Equity Related Terms

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Shenzhen Capchem Technology Co (SZSE:300037) Business Description

Traded in Other Exchanges
N/A
Address
Shabo Tongfuyu Industry Zone, Pingshan New District, Guangdong province, Shenzhen, CHN, 518118
Shenzhen Capchem Technology Co Ltd is a China-based company specialized in the research and development, manufacturing, and marketing of electronic chemical products. The company has three categories of products, Capacitors Chemicals, Lithium Batteries Chemicals and Semiconductors Chemicals. Its product portfolio comprises lithium-ion batteries, supercapacitors, aluminum electrolytic, nuclear power, photoelectric polymer materials, semiconductor chemical, chemical reagent, cover discs and other products. The group sells its products in China and other countries.
Executives
Xie Wei Dong Directors, executives
Zhou Ai Ping Directors, executives
Ceng Yun Hui Executives
Zhao Da Cheng Supervisors
Jiang Xi Song Executives
Chen Qun Supervisors
Mao Yu Hua Executives
Song Chun Hua Supervisors
Zhao Zhi Ming Secretary Dong
Tan Jiu San Director
Zhou Da Wen Directors, executives
Zheng Zhong Tian Directors, executives
Zhang Gui Wen Supervisors
Zhong Mei Hong Director
Zhang Zhu Miao Supervisors

Shenzhen Capchem Technology Co (SZSE:300037) Headlines

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