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Lihe Technology (Hunan) Co (SZSE:300800) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Lihe Technology (Hunan) Co Debt-to-Equity?

Lihe Technology (Hunan) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2.1 Mil. Lihe Technology (Hunan) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2.5 Mil. Lihe Technology (Hunan) Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,006.7 Mil. Lihe Technology (Hunan) Co's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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 Lihe Technology (Hunan) Co's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Lihe Technology (Hunan) Co was 0.17. The lowest was 0.00. And the median was 0.00.

SZSE:300800's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Lihe Technology (Hunan) Co Debt-to-Equity Historical Data

The historical data trend for Lihe Technology (Hunan) 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.

Lihe Technology (Hunan) Co Debt-to-Equity Chart

Lihe Technology (Hunan) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Lihe Technology (Hunan) Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Lihe Technology (Hunan) Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Lihe Technology (Hunan) 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.


Lihe Technology (Hunan) Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lihe Technology (Hunan) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lihe Technology (Hunan) Co's Debt-to-Equity falls into.



Lihe Technology (Hunan) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lihe Technology (Hunan) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Lihe Technology (Hunan) 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.


Lihe Technology (Hunan) Co  (SZSE:300800) 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.


Lihe Technology (Hunan) Co Debt-to-Equity Related Terms

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Lihe Technology (Hunan) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 668, Qingshan Road, High-tech Zone, Hunan Province, Changsha, CHN, 410205
Lihe Technology (Hunan) Co Ltd manufactures and distributes measuring and control devices. It offers automatic water quality monitoring system, smoke automatic monitoring system and environmental monitoring information management platform for environmental monitoring.

Lihe Technology (Hunan) Co Headlines

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