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Shandong Dongyue Silicone Material Co (SZSE:300821) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Shandong Dongyue Silicone Material Co Debt-to-Equity?

Shandong Dongyue Silicone Material Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0 Mil. Shandong Dongyue Silicone Material Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0 Mil. Shandong Dongyue Silicone Material Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥4,969 Mil. Shandong Dongyue Silicone Material 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 Shandong Dongyue Silicone Material Co's Debt-to-Equity or its related term are showing as below:

During the past 9 years, the highest Debt-to-Equity Ratio of Shandong Dongyue Silicone Material Co was 0.86. The lowest was 0.17. And the median was 0.30.

SZSE:300821's Debt-to-Equity is not ranked *
in the Chemicals industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Shandong Dongyue Silicone Material Co Debt-to-Equity Historical Data

The historical data trend for Shandong Dongyue Silicone Material 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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Shandong Dongyue Silicone Material Co Debt-to-Equity Chart

Shandong Dongyue Silicone Material Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Shandong Dongyue Silicone Material 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 Shandong Dongyue Silicone Material Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Shandong Dongyue Silicone Material 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.


Shandong Dongyue Silicone Material Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Dongyue Silicone Material Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shandong Dongyue Silicone Material Co's Debt-to-Equity falls into.



Shandong Dongyue Silicone Material Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shandong Dongyue Silicone Material Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shandong Dongyue Silicone Material 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.


Shandong Dongyue Silicone Material Co  (SZSE:300821) 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.


Shandong Dongyue Silicone Material Co Debt-to-Equity Related Terms

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Shandong Dongyue Silicone Material Co Business Description

Traded in Other Exchanges
N/A
Address
Lizhai Village, Tangshan Town, Huantai County, Shandong Province, Zibo, CHN, 256401
Shandong Dongyue Silicone Material Co Ltd specializes in the research and development and sales of silicone materials. The company's products include silicone downstream processing products such as silicone rubber, silicone oil, fumed silica, and silicone intermediates. Its products include Monomer, Intermediate, Silicone Rubber, Silicone Oil, Silicone and Fumed Silica.
Executives
Wang Wei Dong Secretary, Director
Zheng Jian Qing Directors, executives
Yi Gang Directors, executives
Yu Yuan Executives
Zhang Zhe Feng Director

Shandong Dongyue Silicone Material Co Headlines

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