GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shijiazhuang Tonhe Electronics Technologies Co Ltd (SZSE:300491) » Definitions » Debt-to-Equity

Shijiazhuang Tonhe Electronics Technologies Co (SZSE:300491) Debt-to-Equity : 0.19 (As of Mar. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Shijiazhuang Tonhe Electronics Technologies Co Debt-to-Equity?

Shijiazhuang Tonhe Electronics Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥185 Mil. Shijiazhuang Tonhe Electronics Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥33 Mil. Shijiazhuang Tonhe Electronics Technologies Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥1,141 Mil. Shijiazhuang Tonhe Electronics Technologies Co's debt to equity for the quarter that ended in Mar. 2025 was 0.19.

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 Shijiazhuang Tonhe Electronics Technologies Co's Debt-to-Equity or its related term are showing as below:

SZSE:300491' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.2
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Shijiazhuang Tonhe Electronics Technologies Co was 0.20. The lowest was 0.01. And the median was 0.10.

SZSE:300491's Debt-to-Equity is ranked better than
60.16% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs SZSE:300491: 0.20

Shijiazhuang Tonhe Electronics Technologies Co Debt-to-Equity Historical Data

The historical data trend for Shijiazhuang Tonhe Electronics Technologies 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.

Shijiazhuang Tonhe Electronics Technologies Co Debt-to-Equity Chart

Shijiazhuang Tonhe Electronics Technologies 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 0.10 0.10 0.11 0.17 0.20

Shijiazhuang Tonhe Electronics Technologies 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 0.18 0.19 0.20 0.20 0.19

Competitive Comparison of Shijiazhuang Tonhe Electronics Technologies Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Shijiazhuang Tonhe Electronics Technologies 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.


Shijiazhuang Tonhe Electronics Technologies Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shijiazhuang Tonhe Electronics Technologies Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shijiazhuang Tonhe Electronics Technologies Co's Debt-to-Equity falls into.


;
;

Shijiazhuang Tonhe Electronics Technologies Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shijiazhuang Tonhe Electronics Technologies Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Shijiazhuang Tonhe Electronics Technologies 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.


Shijiazhuang Tonhe Electronics Technologies Co  (SZSE:300491) 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.


Shijiazhuang Tonhe Electronics Technologies Co Debt-to-Equity Related Terms

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


Shijiazhuang Tonhe Electronics Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No. 350, Minjiang Road, High-tech Zone, Hebei Province, Shijiazhuang, CHN, 050035
Shijiazhuang Tonhe Electronics Technologies Co Ltd is a technology enterprise. Its engaged in power electronics and combines research & development. It manufactures, sells service of switching power supply and related products. Its products include charging and power station charging power system (charge Electric pile), electric car vehicle products, Power supply system solution and Other power supply products.
Executives
Feng Zhi Yong Directors, Directors, and Executives
Dong Shun Zhong Directors, executives
Chen Yu Peng Executives
Zhu Jia Lin Directors, Directors, and Executives
Wang Yu Executives

Shijiazhuang Tonhe Electronics Technologies Co Headlines

No Headlines