Malion New Materials Co (SZSE:300586) Debt-to-Equity : 0.36 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Malion New Materials Co Debt-to-Equity?

Malion New Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥300 Mil. Malion New Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥382 Mil. Malion New Materials Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,917 Mil. Malion New Materials Co's debt to equity for the quarter that ended in Sep. 2024 was 0.36.

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 Malion New Materials Co's Debt-to-Equity or its related term are showing as below:

SZSE:300586' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.4 Max: 0.93
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Malion New Materials Co was 0.93. The lowest was 0.04. And the median was 0.40.

SZSE:300586's Debt-to-Equity is ranked better than
50.64% of 1398 companies
in the Chemicals industry
Industry Median: 0.36 vs SZSE:300586: 0.36

Malion New Materials Co Debt-to-Equity Historical Data

The historical data trend for Malion New Materials 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.

Malion New Materials Co Debt-to-Equity Chart

Malion New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.85

0.75

0.42

0.38

0.33

Malion New Materials 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															0.28	0.33	0.38	0.40	0.36

Competitive Comparison of Malion New Materials Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Malion New Materials 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.

Malion New Materials Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Malion New Materials Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Malion New Materials Co's Debt-to-Equity falls into.

Malion New Materials Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Malion New Materials Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(395.464	+	233.189)	/	1922.526
	=	0.33

Malion New Materials Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(300.006	+	382.062)	/	1916.864
	=	0.36

Malion New Materials Co (SZSE:300586) 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.

Malion New Materials Co Debt-to-Equity Related Terms

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

Malion New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Malion New Materials Co Ltd (SZSE:300586) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 01 Meilian Road, Guangdong Province, Shantou, CHN, 515064

Website

http://www.malion.cn

Malion New Materials Co Ltd is engaged in manufacturing of masterbatch in China. Its products include white masterbatch, black masterbatch, color masterbatch, additive masterbatch and functional materials. They are widely used in food packaging products, medicine packaging products, personal care products, plastic tubing, engineering plastic, plastic household products, electric wire and cable, consumer products, auto plastic parts, agricultural production and others. The products are distributed to both Chinese and other international markets.

Executives

Duan Wen Yong	Directors, Directors, and Executives
Li Xiao Jie	Supervisors
Zhang Chao Yi	Directors, executives
Zhuo Shu Biao	Directors, executives

Malion New Materials Co Headlines

No Headlines