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Jiangsu Yitong High-Tech Co (SZSE:300211) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Jiangsu Yitong High-Tech Co Debt-to-Equity?

Jiangsu Yitong High-Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.8 Mil. Jiangsu Yitong High-Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.9 Mil. Jiangsu Yitong High-Tech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥509.6 Mil. Jiangsu Yitong High-Tech Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Jiangsu Yitong High-Tech Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Jiangsu Yitong High-Tech Co was 0.02. The lowest was 0.00. And the median was 0.00.

SZSE:300211's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Jiangsu Yitong High-Tech Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Yitong High-Tech 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.

Jiangsu Yitong High-Tech Co Debt-to-Equity Chart

Jiangsu Yitong High-Tech 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 - 0.02 - - -

Jiangsu Yitong High-Tech 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 - - - - -

Competitive Comparison of Jiangsu Yitong High-Tech Co's Debt-to-Equity

For the Communication Equipment subindustry, Jiangsu Yitong High-Tech 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.


Jiangsu Yitong High-Tech Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Yitong High-Tech Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Yitong High-Tech Co's Debt-to-Equity falls into.



Jiangsu Yitong High-Tech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Yitong High-Tech Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangsu Yitong High-Tech 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.


Jiangsu Yitong High-Tech Co  (SZSE:300211) 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.


Jiangsu Yitong High-Tech Co Debt-to-Equity Related Terms

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Jiangsu Yitong High-Tech Co (SZSE:300211) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Tonglin Road, Jiangsu Province, Changshu, CHN, 215500
Jiangsu Yitong High-Tech Co Ltd researches, develops, manufactures and sells television broadcast equipment. Its products include cable TV network transmission equipment and digital television receiving equipment terminals.
Executives
Huang Wei Dong Supervisors
Chen Xiao Gang Executives
Chen Xiao Xing Directors, executives
Yin Li Supervisors, securities affairs representatives
Shen Qing Yuan Executives
Ma Xiao Dong Directors, executives
Gu Jian Jiang Supervisors
Wang Gui Zhen Secretary, Director
Zou Jian Cai Executives

Jiangsu Yitong High-Tech Co (SZSE:300211) Headlines

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