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Chengdu Yunda Technology Co (SZSE:300440) Debt-to-Equity : 0.07 (As of Sep. 2024)


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What is Chengdu Yunda Technology Co Debt-to-Equity?

Chengdu Yunda Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥84 Mil. Chengdu Yunda Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥21 Mil. Chengdu Yunda Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,599 Mil. Chengdu Yunda Technology Co's debt to equity for the quarter that ended in Sep. 2024 was 0.07.

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 Chengdu Yunda Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:300440' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.04   Max: 0.17
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Chengdu Yunda Technology Co was 0.17. The lowest was 0.00. And the median was 0.04.

SZSE:300440's Debt-to-Equity is ranked better than
91.83% of 881 companies
in the Transportation industry
Industry Median: 0.54 vs SZSE:300440: 0.07

Chengdu Yunda Technology Co Debt-to-Equity Historical Data

The historical data trend for Chengdu Yunda Technology 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.

Chengdu Yunda Technology Co Debt-to-Equity Chart

Chengdu Yunda Technology 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 0.05 0.13 0.09

Chengdu Yunda Technology 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 0.14 0.09 0.04 0.05 0.07

Competitive Comparison of Chengdu Yunda Technology Co's Debt-to-Equity

For the Railroads subindustry, Chengdu Yunda Technology 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.


Chengdu Yunda Technology Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chengdu Yunda Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chengdu Yunda Technology Co's Debt-to-Equity falls into.



Chengdu Yunda Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chengdu Yunda Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chengdu Yunda Technology 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.


Chengdu Yunda Technology Co  (SZSE:300440) 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.


Chengdu Yunda Technology Co Debt-to-Equity Related Terms

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Chengdu Yunda Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Xinda Road, West Park, High-tech Zone, Sichuan Province, Chengdu City, CHN, 611731
Chengdu Yunda Technology Co Ltd operated as a supplier of rail transit vehicle control and inspection equipment systems. The products of the company include rail transit operation simulation training system, locomotive vehicle maintenance and overhaul operation control system, and train traction and network control system.
Executives
He Hong Yun Directors, executives
Zhu Jin Ling Directors, executives

Chengdu Yunda Technology Co Headlines

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