Dongguan Golden Sun Abrasives Co (SZSE:300606) Debt-to-Equity : 0.44 (As of Mar. 2025)

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What is Dongguan Golden Sun Abrasives Co Debt-to-Equity?

Dongguan Golden Sun Abrasives Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥114.7 Mil. Dongguan Golden Sun Abrasives Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥181.6 Mil. Dongguan Golden Sun Abrasives Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥680.1 Mil. Dongguan Golden Sun Abrasives Co's debt to equity for the quarter that ended in Mar. 2025 was 0.44.

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 Dongguan Golden Sun Abrasives Co's Debt-to-Equity or its related term are showing as below:

SZSE:300606' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.46
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Dongguan Golden Sun Abrasives Co was 0.46. The lowest was 0.02. And the median was 0.11.

SZSE:300606's Debt-to-Equity is ranked worse than
50.29% of 1559 companies
in the Construction industry
Industry Median: 0.43 vs SZSE:300606: 0.44

Dongguan Golden Sun Abrasives Co Debt-to-Equity Historical Data

The historical data trend for Dongguan Golden Sun Abrasives 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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Dongguan Golden Sun Abrasives Co Debt-to-Equity Chart

Dongguan Golden Sun Abrasives Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.10

0.11

0.21

0.46

Dongguan Golden Sun Abrasives 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															0.31	0.34	0.34	0.46	0.44

Competitive Comparison of Dongguan Golden Sun Abrasives Co's Debt-to-Equity

For the Building Products & Equipment subindustry, Dongguan Golden Sun Abrasives 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.

Dongguan Golden Sun Abrasives Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dongguan Golden Sun Abrasives Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dongguan Golden Sun Abrasives Co's Debt-to-Equity falls into.

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Dongguan Golden Sun Abrasives Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dongguan Golden Sun Abrasives 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
	=	(148.506	+	156.44)	/	662.655
	=	0.46

Dongguan Golden Sun Abrasives 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
	=	(114.719	+	181.641)	/	680.065
	=	0.44

Dongguan Golden Sun Abrasives Co (SZSE:300606) 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.

Dongguan Golden Sun Abrasives Co Debt-to-Equity Related Terms

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Dongguan Golden Sun Abrasives Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dongguan Golden Sun Abrasives Co Ltd (SZSE:300606) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Dahuan Road, Dalingshan Town, Guangdong Province, Dongguan, CHN, 523826

Website

http://www.chinagoldensun.cn

Dongguan Golden Sun Abrasives Co Ltd is based in China. The company is mainly engaged in the research and development, production and sales of polishing materials, high-end intelligent equipment and precision structural parts manufacturing services, providing customers with comprehensive solutions for precision grinding and polishing and precision structural parts manufacturing.

Executives

Du Zhang Bo	Director
Yang Wei	Directors, executives
Fang Hong	Directors, executives
Liu Yi Biao	Directors, executives
Du Yan Yan	Secretary Dong
Nong Zhong Chao	Executives
Zhu Yuan Ji	Executives
Yan Xin Ting	Supervisors
Yang Lu	Directors, executives
Li Ya Bin	Supervisors
Xu Man	Director

Dongguan Golden Sun Abrasives Co Headlines

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