GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing Oriental Jicheng Co Ltd (SZSE:002819) » Definitions » Debt-to-Equity

Beijing Oriental Jicheng Co (SZSE:002819) Debt-to-Equity : 0.05 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Beijing Oriental Jicheng Co Debt-to-Equity?

Beijing Oriental Jicheng Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥103 Mil. Beijing Oriental Jicheng Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥41 Mil. Beijing Oriental Jicheng Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,983 Mil. Beijing Oriental Jicheng Co's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 Beijing Oriental Jicheng Co's Debt-to-Equity or its related term are showing as below:

SZSE:002819' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.16
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing Oriental Jicheng Co was 0.16. The lowest was 0.01. And the median was 0.08.

SZSE:002819's Debt-to-Equity is ranked better than
83.44% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:002819: 0.05

Beijing Oriental Jicheng Co Debt-to-Equity Historical Data

The historical data trend for Beijing Oriental Jicheng 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.

Beijing Oriental Jicheng Co Debt-to-Equity Chart

Beijing Oriental Jicheng Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.14 0.02 0.05 0.05

Beijing Oriental Jicheng 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 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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Beijing Oriental Jicheng Co's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Beijing Oriental Jicheng 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.


Beijing Oriental Jicheng Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing Oriental Jicheng Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing Oriental Jicheng Co's Debt-to-Equity falls into.



Beijing Oriental Jicheng Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Beijing Oriental Jicheng Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Beijing Oriental Jicheng Co  (SZSE:002819) 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.


Beijing Oriental Jicheng Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Beijing Oriental Jicheng Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Oriental Jicheng Co (SZSE:002819) Business Description

Traded in Other Exchanges
N/A
Address
No. 67, Fucheng Road, Yindu Building, Haidian District, Beijing, CHN, 100034
Beijing Oriental Jicheng Co Ltd operates as an integrated service provider in the field of electronic test and measurement in China. Its products include power supply, digital multimeter, signal generator, electronic load, data collector and switch, wireless device tester, semiconductor and solar cell testing equipment, calibrator, and analyzer instruments.
Executives
Wu Xu Executives
Zheng Da Wei Directors, executives
Chen Yi Gang Executives
Wang Ge Director
Xiao Jia Zhong Supervisors
Yan Li Directors, executives
Chang Hong Directors, executives

Beijing Oriental Jicheng Co (SZSE:002819) Headlines

No Headlines