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Dingli (SZSE:300050) Debt-to-Equity : 0.03 (As of Jun. 2024)


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What is Dingli Debt-to-Equity?

Dingli's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥11.9 Mil. Dingli's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥2.7 Mil. Dingli's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥467.7 Mil. Dingli's debt to equity for the quarter that ended in Jun. 2024 was 0.03.

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 Dingli's Debt-to-Equity or its related term are showing as below:

SZSE:300050' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 0.17
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Dingli was 0.17. The lowest was 0.02. And the median was 0.07.

SZSE:300050's Debt-to-Equity is ranked better than
94.43% of 341 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs SZSE:300050: 0.03

Dingli Debt-to-Equity Historical Data

The historical data trend for Dingli'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.

Dingli Debt-to-Equity Chart

Dingli 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 0.17 0.09 0.14 0.15 0.17

Dingli 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 0.14 0.14 0.17 0.06 0.03

Competitive Comparison of Dingli's Debt-to-Equity

For the Telecom Services subindustry, Dingli'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.


Dingli's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Dingli's Debt-to-Equity distribution charts can be found below:

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



Dingli Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Dingli'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.


Dingli  (SZSE:300050) 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.


Dingli Debt-to-Equity Related Terms

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


Dingli Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Science and Technology Road 5, 1st Floor, Gangwan Avenue, Guangdong Province, Zhuhai, CHN, 519085
Dingli Corp Ltd is a China-based company engaged in providing wireless network optimization, testing, and planning services in China. It also produces equipment for communications carriers. The company has a business presence in China and other international countries. It offers pilot pioneer drive test solution, handheld test solution, autonomous platform products, and others.
Executives
Ren Huan Xuan Supervisors
Wang Yun Directors, executives
Wang Li Ping Director
Ye Bin Director
Zhang Ying Hai Independent director
Chen Hong Executives
Yu Da Fa Directors, executives
Xu Ze Quan Executives
Cao Ji Dong Directors, executives
Liu Yu Song Supervisors
Ye Ming Directors, executives
Cao Xue Shan Executives
Chen Yong Executives
Zhu Wang Geng Executives

Dingli Headlines

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