Hangzhou CNCR-IT Co (SZSE:300250) Debt-to-Equity : 0.10 (As of Sep. 2024)

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What is Hangzhou CNCR-IT Co Debt-to-Equity?

Hangzhou CNCR-IT Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥50.7 Mil. Hangzhou CNCR-IT Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥6.4 Mil. Hangzhou CNCR-IT Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥560.0 Mil. Hangzhou CNCR-IT Co's debt to equity for the quarter that ended in Sep. 2024 was 0.10.

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 Hangzhou CNCR-IT Co's Debt-to-Equity or its related term are showing as below:

SZSE:300250' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.1
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Hangzhou CNCR-IT Co was 0.10. The lowest was 0.00. And the median was 0.02.

SZSE:300250's Debt-to-Equity is ranked better than
73.31% of 2173 companies
in the Hardware industry
Industry Median: 0.28 vs SZSE:300250: 0.10

Hangzhou CNCR-IT Co Debt-to-Equity Historical Data

The historical data trend for Hangzhou CNCR-IT 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.

Hangzhou CNCR-IT Co Debt-to-Equity Chart

Hangzhou CNCR-IT Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.02

0.06

Hangzhou CNCR-IT Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.06	0.05	0.06	0.10

Competitive Comparison of Hangzhou CNCR-IT Co's Debt-to-Equity

For the Communication Equipment subindustry, Hangzhou CNCR-IT 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.

Hangzhou CNCR-IT Co's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Hangzhou CNCR-IT Co's Debt-to-Equity falls into.

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Hangzhou CNCR-IT Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hangzhou CNCR-IT Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(31.687	+	2.165)	/	611.443
	=	0.06

Hangzhou CNCR-IT Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(50.704	+	6.385)	/	560.031
	=	0.10

Hangzhou CNCR-IT Co (SZSE:300250) 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.

Hangzhou CNCR-IT Co Debt-to-Equity Related Terms

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

Hangzhou CNCR-IT Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hangzhou CNCR-IT Co Ltd (SZSE:300250) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 259, IoT Street, Xixing Street, Binjiang District, Hangzhou, CHN, 310051

Website

http://www.cncr-it.com

Hangzhou CNCR-IT Co Ltd is a Chinese company primarily engaged in the research and development of information access solutions, as well as the research, development, production, and sale of corresponding equipment. Its products are divided into four categories, being Triple Play Access Production, RF Microwave Passive Components, IoT Access Production, and Multi-service Access Enterprise Gateway. The company sells its products in China and other international countries. The product portfolio of the company includes EOC master series, attenuator, combiner, GPON, EPON, IPRAN terminal device, power splitter, hybrid coupler, and others.

Executives

Wang Min	Executives
Cheng Tao Mu	Director
Jin Ning	Directors, executives
Hong Ai Jin	Director
Li Hong Wei	Director
Yan Si En	Independent director
Jin Lan	Directors, executives
Chen Zhu Yao	Director
Gong Yong Xing	Executives
Che Xin Yi	Executives
Yin Yan Dong	Executives
Yang Gui Fei	Executives
Wang Li Cheng	Supervisors
Zhou Liang	Executives
Zheng Wei Rong	Securities Affairs Representative

Hangzhou CNCR-IT Co Headlines

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