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Anhui Hongyu Wuzhou Medical Manufacturer Co (SZSE:301234) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is Anhui Hongyu Wuzhou Medical Manufacturer Co Debt-to-Equity?

Anhui Hongyu Wuzhou Medical Manufacturer Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.3 Mil. Anhui Hongyu Wuzhou Medical Manufacturer Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.2 Mil. Anhui Hongyu Wuzhou Medical Manufacturer Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥744.3 Mil. Anhui Hongyu Wuzhou Medical Manufacturer Co's debt to equity for the quarter that ended in Jun. 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 Anhui Hongyu Wuzhou Medical Manufacturer Co's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of Anhui Hongyu Wuzhou Medical Manufacturer Co was 0.39. The lowest was 0.00. And the median was 0.07.

SZSE:301234's Debt-to-Equity is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.22
* Ranked among companies with meaningful Debt-to-Equity only.

Anhui Hongyu Wuzhou Medical Manufacturer Co Debt-to-Equity Historical Data

The historical data trend for Anhui Hongyu Wuzhou Medical Manufacturer 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.

Anhui Hongyu Wuzhou Medical Manufacturer Co Debt-to-Equity Chart

Anhui Hongyu Wuzhou Medical Manufacturer Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.25 0.17 0.05 - -

Anhui Hongyu Wuzhou Medical Manufacturer Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Anhui Hongyu Wuzhou Medical Manufacturer Co's Debt-to-Equity

For the Medical Devices subindustry, Anhui Hongyu Wuzhou Medical Manufacturer 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.


Anhui Hongyu Wuzhou Medical Manufacturer Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Anhui Hongyu Wuzhou Medical Manufacturer Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Anhui Hongyu Wuzhou Medical Manufacturer Co's Debt-to-Equity falls into.



Anhui Hongyu Wuzhou Medical Manufacturer Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anhui Hongyu Wuzhou Medical Manufacturer Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Anhui Hongyu Wuzhou Medical Manufacturer Co's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Anhui Hongyu Wuzhou Medical Manufacturer Co  (SZSE:301234) 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.


Anhui Hongyu Wuzhou Medical Manufacturer Co Debt-to-Equity Related Terms

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Anhui Hongyu Wuzhou Medical Manufacturer Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Guanyin Road, Economic Development Zone, Taihu CountyAnhui Province, Anqing City, CHN, 246400
Anhui Hongyu Wuzhou Medical Manufacturer Co Ltd is engaged in the research and development, production and sales of disposable sterile infusion medical devices and the integrated supply of other related medical supplies such as diagnosis and nursing.
Executives
Pan Lan Lan Directors, Directors, and Executives

Anhui Hongyu Wuzhou Medical Manufacturer Co Headlines

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