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Jinsanjiang (Zhaoqing) Silicon Material Co (SZSE:301059) Debt-to-Equity : 0.04 (As of Mar. 2025)


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What is Jinsanjiang (Zhaoqing) Silicon Material Co Debt-to-Equity?

Jinsanjiang (Zhaoqing) Silicon Material Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥10.8 Mil. Jinsanjiang (Zhaoqing) Silicon Material Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥15.6 Mil. Jinsanjiang (Zhaoqing) Silicon Material Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥607.4 Mil. Jinsanjiang (Zhaoqing) Silicon Material Co's debt to equity for the quarter that ended in Mar. 2025 was 0.04.

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 Jinsanjiang (Zhaoqing) Silicon Material Co's Debt-to-Equity or its related term are showing as below:

SZSE:301059' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.05   Max: 0.23
Current: 0.04

During the past 8 years, the highest Debt-to-Equity Ratio of Jinsanjiang (Zhaoqing) Silicon Material Co was 0.23. The lowest was 0.00. And the median was 0.05.

SZSE:301059's Debt-to-Equity is ranked better than
88.82% of 1395 companies
in the Chemicals industry
Industry Median: 0.37 vs SZSE:301059: 0.04

Jinsanjiang (Zhaoqing) Silicon Material Co Debt-to-Equity Historical Data

The historical data trend for Jinsanjiang (Zhaoqing) Silicon 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.

* Premium members only.

Jinsanjiang (Zhaoqing) Silicon Material Co Debt-to-Equity Chart

Jinsanjiang (Zhaoqing) Silicon Material Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial 0.01 - 0.03 0.06 0.05

Jinsanjiang (Zhaoqing) Silicon Material 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.05 0.05 0.04

Competitive Comparison of Jinsanjiang (Zhaoqing) Silicon Material Co's Debt-to-Equity

For the Chemicals subindustry, Jinsanjiang (Zhaoqing) Silicon 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.


Jinsanjiang (Zhaoqing) Silicon Material Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jinsanjiang (Zhaoqing) Silicon Material Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jinsanjiang (Zhaoqing) Silicon Material Co's Debt-to-Equity falls into.


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Jinsanjiang (Zhaoqing) Silicon Material Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jinsanjiang (Zhaoqing) Silicon Material Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Jinsanjiang (Zhaoqing) Silicon Material Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


Jinsanjiang (Zhaoqing) Silicon Material Co  (SZSE:301059) 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.


Jinsanjiang (Zhaoqing) Silicon Material Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Jinsanjiang (Zhaoqing) Silicon Material Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Jinsanjiang (Zhaoqing) Silicon Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Yingbin Avenue, High-tech Zone, Guangdong Province, Zhaoqing, CHN, 526238
Jinsanjiang (Zhaoqing) Silicon Material Co Ltd is engaged in the research and development, production and sales of precipitated silica. Its products are mainly silica for toothpaste.
Executives
Xiang Jian Qiang Independent director
Xu Jun Hua Director

Jinsanjiang (Zhaoqing) Silicon Material Co Headlines

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