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Wenzhou Hongfeng Electrical Alloy Co (SZSE:300283) Debt-to-Equity : 2.17 (As of Mar. 2025)


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What is Wenzhou Hongfeng Electrical Alloy Co Debt-to-Equity?

Wenzhou Hongfeng Electrical Alloy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥922 Mil. Wenzhou Hongfeng Electrical Alloy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥929 Mil. Wenzhou Hongfeng Electrical Alloy Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥854 Mil. Wenzhou Hongfeng Electrical Alloy Co's debt to equity for the quarter that ended in Mar. 2025 was 2.17.

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 Wenzhou Hongfeng Electrical Alloy Co's Debt-to-Equity or its related term are showing as below:

SZSE:300283' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33   Med: 1.03   Max: 2.17
Current: 2.17

During the past 13 years, the highest Debt-to-Equity Ratio of Wenzhou Hongfeng Electrical Alloy Co was 2.17. The lowest was 0.33. And the median was 1.03.

SZSE:300283's Debt-to-Equity is ranked worse than
96.79% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs SZSE:300283: 2.17

Wenzhou Hongfeng Electrical Alloy Co Debt-to-Equity Historical Data

The historical data trend for Wenzhou Hongfeng Electrical Alloy 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.

Wenzhou Hongfeng Electrical Alloy Co Debt-to-Equity Chart

Wenzhou Hongfeng Electrical Alloy 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 0.87 1.02 1.19 1.43 1.93

Wenzhou Hongfeng Electrical Alloy Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.64 1.72 1.77 1.93 2.17

Competitive Comparison of Wenzhou Hongfeng Electrical Alloy Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Wenzhou Hongfeng Electrical Alloy 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.


Wenzhou Hongfeng Electrical Alloy Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wenzhou Hongfeng Electrical Alloy Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wenzhou Hongfeng Electrical Alloy Co's Debt-to-Equity falls into.


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Wenzhou Hongfeng Electrical Alloy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wenzhou Hongfeng Electrical Alloy Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Wenzhou Hongfeng Electrical Alloy Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


Wenzhou Hongfeng Electrical Alloy Co  (SZSE:300283) 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.


Wenzhou Hongfeng Electrical Alloy Co Debt-to-Equity Related Terms

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Wenzhou Hongfeng Electrical Alloy Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5600, Oujin Avenue, Oujiangkou Industrial Cluster Zone, Zhejiang Province, Wenzhou, CHN, 325026
Wenzhou Hongfeng Electrical Alloy Co Ltd is engaged as manufacturer and supplier of electrical contact materials. The products of the company includes structured electrical contact materials, composite clad electrical contact materials, electrical contact assemblies.
Executives
Chen Xiao Directors, executives
Yu Jin Jie Supervisors
Xu Ying Jie Director
Zhou Qing Qing Executives

Wenzhou Hongfeng Electrical Alloy Co Headlines

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