Shenzhen Aisidi Co (SZSE:002416) Debt-to-Equity : 0.89 (As of Mar. 2024)

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What is Shenzhen Aisidi Co Debt-to-Equity?

Shenzhen Aisidi Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,419 Mil. Shenzhen Aisidi Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥31 Mil. Shenzhen Aisidi Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥6,132 Mil. Shenzhen Aisidi Co's debt to equity for the quarter that ended in Mar. 2024 was 0.89.

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 Shenzhen Aisidi Co's Debt-to-Equity or its related term are showing as below:

SZSE:002416' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.74 Max: 1.51
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen Aisidi Co was 1.51. The lowest was 0.35. And the median was 0.74.

SZSE:002416's Debt-to-Equity is ranked worse than
63.44% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SZSE:002416: 0.89

Shenzhen Aisidi Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Aisidi 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.

Shenzhen Aisidi Co Debt-to-Equity Chart

Shenzhen Aisidi Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.51

0.53

1.14

0.95

0.58

Shenzhen Aisidi Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.70	0.82	1.01	0.58	0.89

Competitive Comparison of Shenzhen Aisidi Co's Debt-to-Equity

For the Specialty Retail subindustry, Shenzhen Aisidi 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.

Shenzhen Aisidi Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shenzhen Aisidi Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Aisidi Co's Debt-to-Equity falls into.

Shenzhen Aisidi Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Aisidi Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3396.066	+	39.715)	/	5964.441
	=	0.58

Shenzhen Aisidi Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5418.888	+	30.984)	/	6132.392
	=	0.89

Shenzhen Aisidi Co (SZSE:002416) 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.

Shenzhen Aisidi Co Debt-to-Equity Related Terms

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Shenzhen Aisidi Co (SZSE:002416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shenzhen Aisidi Co Ltd (SZSE:002416) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinsong Building East Terra 20th Floor, Terra Avenue Futian District, Shenzhen, CHN, 518040

Website

http://www.aisidi.com

Shenzhen Aisidi Co Ltd is a China-based company. It engages in the distribution and retail of mobile phones and digital electronic products. The company has four business segments of intelligent terminal products, communication services, financial services and e-commerce platforms. Its products include mobile communication terminal products, digital electronic consumer products, communication services, mobile internet, and finance.

Executives

Huang Wen Hui	Director
Liu Hong Hua	Executives
Mi Ze Dong	Directors, executives
Yang Zhi	Executives
Chen Liang	Executives
Zhou You Meng	Directors, executives
Huang Shao Wu	Director
Xia Xiao Hua	Director
Liu Hao	Executives
Chen Bei	Directors, executives
Zhang Peng	Supervisors
Guo Xu Yong	Director

Shenzhen Aisidi Co (SZSE:002416) Headlines

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