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Shenzhen Wote Advanced Materials Co (SZSE:002886) Debt-to-Revenue : 0.67 (As of Jun. 2024)


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What is Shenzhen Wote Advanced Materials Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Shenzhen Wote Advanced Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥636 Mil. Shenzhen Wote Advanced Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥559 Mil. Shenzhen Wote Advanced Materials Co's annualized Revenue for the quarter that ended in Jun. 2024 was ¥1,773 Mil. Shenzhen Wote Advanced Materials Co's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 was 0.67.


Shenzhen Wote Advanced Materials Co Debt-to-Revenue Historical Data

The historical data trend for Shenzhen Wote Advanced Materials Co's Debt-to-Revenue 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.

Shenzhen Wote Advanced Materials Co Debt-to-Revenue Chart

Shenzhen Wote Advanced Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.20 0.38 0.64 0.61

Shenzhen Wote Advanced Materials Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Revenue 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 0.74 0.61 0.55 0.75 0.67

Competitive Comparison of Shenzhen Wote Advanced Materials Co's Debt-to-Revenue

For the Specialty Chemicals subindustry, Shenzhen Wote Advanced Materials Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Shenzhen Wote Advanced Materials Co's Debt-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Wote Advanced Materials Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shenzhen Wote Advanced Materials Co's Debt-to-Revenue falls into.



Shenzhen Wote Advanced Materials Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Shenzhen Wote Advanced Materials Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(508.64 + 428.65) / 1536.517
=0.61

Shenzhen Wote Advanced Materials Co's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(636.046 + 558.678) / 1772.644
=0.67

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Jun. 2024) Revenue data.


Shenzhen Wote Advanced Materials Co Debt-to-Revenue Related Terms

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Shenzhen Wote Advanced Materials Co Business Description

Traded in Other Exchanges
N/A
Address
1 / 2F, Building 10, Jixun Strategic Emerging Industrial Park, Nantou Port, Nanshan District, Shenzhen, CHN, 518052
Shenzhen Wote Advanced Materials Co Ltd is engaged in product research and development, production, technical service and related international trade of special performance polymer materials and environmentally friendly engineering plastic. Its product portfolio includes carbon fiber/carbon black powder reinforced electronic conductive series products, high gloss spray-free material, nano-composite material, modified PPO, PC and PC/ABS series materials.
Executives
Wu Xian Director
He Zheng Directors, executives
Chen Yu Supervisors

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