Jilin Jinguan Electric Co (SZSE:300510) Debt-to-Equity : 0.19 (As of Mar. 2025)

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What is Jilin Jinguan Electric Co Debt-to-Equity?

Jilin Jinguan Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥336 Mil. Jilin Jinguan Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥104 Mil. Jilin Jinguan Electric Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥2,282 Mil. Jilin Jinguan Electric 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 Jilin Jinguan Electric Co's Debt-to-Equity or its related term are showing as below:

SZSE:300510' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.24
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Jilin Jinguan Electric Co was 0.24. The lowest was 0.01. And the median was 0.10.

SZSE:300510's Debt-to-Equity is ranked better than
61.38% of 2618 companies
in the Industrial Products industry
Industry Median: 0.28 vs SZSE:300510: 0.19

Jilin Jinguan Electric Co Debt-to-Equity Historical Data

The historical data trend for Jilin Jinguan Electric 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.

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Jilin Jinguan Electric Co Debt-to-Equity Chart

Jilin Jinguan Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.10

0.13

0.24

0.22

Jilin Jinguan Electric 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															0.22	0.23	0.19	0.22	0.19

Competitive Comparison of Jilin Jinguan Electric Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Jilin Jinguan Electric 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.

Jilin Jinguan Electric Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jilin Jinguan Electric Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jilin Jinguan Electric Co's Debt-to-Equity falls into.

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Jilin Jinguan Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jilin Jinguan Electric Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(389.633	+	105.08)	/	2287.184
	=	0.22

Jilin Jinguan Electric Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(335.558	+	103.859)	/	2281.625
	=	0.19

Jilin Jinguan Electric Co (SZSE:300510) 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.

Jilin Jinguan Electric Co Debt-to-Equity Related Terms

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Jilin Jinguan Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jilin Jinguan Electric Co Ltd (SZSE:300510) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No 4 Yanshou Road, Shuangyang Economic Development Zone, Jilin Province, Changchun, CHN, 130600

Website

http://www.jljgdq.cn

Jilin Jinguan Electric Co Ltd engages in the research and development, manufacture, and sale of intelligent electrical switchgear and distribution equipment components. Its products include ring network switching equipment, high voltage equipment, medium voltage switchgear series, substations, low-voltage equipment, and cable accessories. In addition, it offers a smart grid system, municipal engineering system, energy and chemical system, rail transit system, and international cooperation solutions.

Executives

Xu Hai Bin	Executives
Xu Hai Tao	Director
Sun Yi Bing	Director
Xu Wei Dong	Independent director
Xu Hai Jiang	Directors, Directors, and Executives
Zhao Hong Yun	Directors, executives

Jilin Jinguan Electric Co Headlines

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