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Sino Wealth Electronic (SZSE:300327) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Sino Wealth Electronic Debt-to-Equity?

Sino Wealth Electronic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥22 Mil. Sino Wealth Electronic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1 Mil. Sino Wealth Electronic's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,701 Mil. Sino Wealth Electronic's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Sino Wealth Electronic's Debt-to-Equity or its related term are showing as below:

SZSE:300327' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.06
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Sino Wealth Electronic was 0.06. The lowest was 0.01. And the median was 0.02.

SZSE:300327's Debt-to-Equity is ranked better than
99.89% of 874 companies
in the Semiconductors industry
Industry Median: 0.27 vs SZSE:300327: 0.01

Sino Wealth Electronic Debt-to-Equity Historical Data

The historical data trend for Sino Wealth Electronic'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.

Sino Wealth Electronic Debt-to-Equity Chart

Sino Wealth Electronic 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 - 0.01 0.01 0.05 0.02

Sino Wealth Electronic 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 0.06 0.02 0.02 0.02 0.01

Competitive Comparison of Sino Wealth Electronic's Debt-to-Equity

For the Semiconductors subindustry, Sino Wealth Electronic'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.


Sino Wealth Electronic's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sino Wealth Electronic's Debt-to-Equity distribution charts can be found below:

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



Sino Wealth Electronic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Sino Wealth Electronic'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.


Sino Wealth Electronic  (SZSE:300327) 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.


Sino Wealth Electronic Debt-to-Equity Related Terms

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Sino Wealth Electronic (SZSE:300327) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Lane 767, Jinzhong Road, Changning District, Shanghai, CHN, 200335
Sino Wealth Electronic Ltd operates in the semiconductor industry. The company is specialized in design and sales of an integrated circuit. The product offering includes 4-bit OTP/MASK MCU, 8-bit OTP/MASK MCU, 8-bit FLASH MCU, PH MCU and others. The products are mainly applied to household appliances, automotive electronics peripherals, sports equipment, health and medical care, instrumentation, security, power control, digital electrical generator, network music, and wireless communication equipment.

Sino Wealth Electronic (SZSE:300327) Headlines

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