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Changchun Zhiyuan New Energy Equipment Co (SZSE:300985) Debt-to-Revenue : 0.33 (As of Mar. 2024)


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What is Changchun Zhiyuan New Energy Equipment Co Debt-to-Revenue?

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

Changchun Zhiyuan New Energy Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥242 Mil. Changchun Zhiyuan New Energy Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥318 Mil. Changchun Zhiyuan New Energy Equipment Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥1,697 Mil. Changchun Zhiyuan New Energy Equipment Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.


Changchun Zhiyuan New Energy Equipment Co Debt-to-Revenue Historical Data

The historical data trend for Changchun Zhiyuan New Energy Equipment 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.

Changchun Zhiyuan New Energy Equipment Co Debt-to-Revenue Chart

Changchun Zhiyuan New Energy Equipment Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.25 0.20 0.05 0.96 0.26

Changchun Zhiyuan New Energy Equipment Co Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.53 0.32 0.21 0.18 0.33

Competitive Comparison of Changchun Zhiyuan New Energy Equipment Co's Debt-to-Revenue

For the Metal Fabrication subindustry, Changchun Zhiyuan New Energy Equipment 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.


Changchun Zhiyuan New Energy Equipment Co's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changchun Zhiyuan New Energy Equipment Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Changchun Zhiyuan New Energy Equipment Co's Debt-to-Revenue falls into.



Changchun Zhiyuan New Energy Equipment Co Debt-to-Revenue Calculation

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

Changchun Zhiyuan New Energy Equipment 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
=(146.466 + 319.222) / 1776.764
=0.26

Changchun Zhiyuan New Energy Equipment Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(242.067 + 317.591) / 1696.504
=0.33

* 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 (Mar. 2024) Revenue data.


Changchun Zhiyuan New Energy Equipment Co Debt-to-Revenue Related Terms

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Changchun Zhiyuan New Energy Equipment Co (SZSE:300985) Business Description

Traded in Other Exchanges
N/A
Address
No. 888 Yumin Road, Chaoyang Economic Development Zone, Jilin Province, Changchun, CHN, 130103
Changchun Zhiyuan New Energy Equipment Co Ltd is engaged in the design, manufacturing, sales and related technical services of automotive liquefied natural gas supply system module assemblies and metal container products.

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