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Zhejiang Jindun Fans Co (SZSE:300411) Debt-to-Equity : 0.01 (As of Sep. 2024)


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What is Zhejiang Jindun Fans Co Debt-to-Equity?

Zhejiang Jindun Fans Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥8.5 Mil. Zhejiang Jindun Fans Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0.2 Mil. Zhejiang Jindun Fans Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥954.6 Mil. Zhejiang Jindun Fans Co's debt to equity for the quarter that ended in Sep. 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 Zhejiang Jindun Fans Co's Debt-to-Equity or its related term are showing as below:

SZSE:300411' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.32
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Zhejiang Jindun Fans Co was 0.32. The lowest was 0.01. And the median was 0.05.

SZSE:300411's Debt-to-Equity is ranked better than
99.96% of 2615 companies
in the Industrial Products industry
Industry Median: 0.29 vs SZSE:300411: 0.01

Zhejiang Jindun Fans Co Debt-to-Equity Historical Data

The historical data trend for Zhejiang Jindun Fans 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.

Zhejiang Jindun Fans Co Debt-to-Equity Chart

Zhejiang Jindun Fans 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 0.03 0.06 0.06 0.02 0.01

Zhejiang Jindun Fans 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 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 0.02 0.01 0.01 0.01 0.01

Competitive Comparison of Zhejiang Jindun Fans Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Zhejiang Jindun Fans 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.


Zhejiang Jindun Fans Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Jindun Fans Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhejiang Jindun Fans Co's Debt-to-Equity falls into.



Zhejiang Jindun Fans Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhejiang Jindun Fans Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Zhejiang Jindun Fans Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Zhejiang Jindun Fans Co  (SZSE:300411) 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.


Zhejiang Jindun Fans Co Debt-to-Equity Related Terms

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Zhejiang Jindun Fans Co Business Description

Traded in Other Exchanges
N/A
Address
Zhangzhen Industry Zone, Shangyu, Shaoxing, Zhejiang, CHN
Zhejiang Jindun Fans Co Ltd is a high-tech enterprise specializing in the Research & Development and manufacturing of high-end equipment and systems for military and civilian integration. The company's product profile includes SDS (R) series two-way jet fan, SDS series one-way jet fan, HTF series fire high-temperature exhaust smoke axial fan, and others.
Executives
Chen Gen Rong Directors, executives
Wang Miao Gen Directors, executives

Zhejiang Jindun Fans Co Headlines

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