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Wonders Information Co (SZSE:300168) Debt-to-Equity : 1.31 (As of Mar. 2024)


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What is Wonders Information Co Debt-to-Equity?

Wonders Information Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,070 Mil. Wonders Information Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥691 Mil. Wonders Information Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,117 Mil. Wonders Information Co's debt to equity for the quarter that ended in Mar. 2024 was 1.30.

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

SZSE:300168' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 1.21   Max: 3.11
Current: 1.31

During the past 13 years, the highest Debt-to-Equity Ratio of Wonders Information Co was 3.11. The lowest was 0.35. And the median was 1.21.

SZSE:300168's Debt-to-Equity is ranked worse than
89.4% of 2216 companies
in the Software industry
Industry Median: 0.21 vs SZSE:300168: 1.31

Wonders Information Co Debt-to-Equity Historical Data

The historical data trend for Wonders Information 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.

Wonders Information Co Debt-to-Equity Chart

Wonders Information 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 1.70 2.11 2.07 2.78 1.15

Wonders Information 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 1.02 0.90 1.02 1.15 1.31

Competitive Comparison of Wonders Information Co's Debt-to-Equity

For the Information Technology Services subindustry, Wonders Information 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.


Wonders Information Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Wonders Information Co's Debt-to-Equity distribution charts can be found below:

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



Wonders Information Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Wonders Information 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.


Wonders Information Co  (SZSE:300168) 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.


Wonders Information Co Debt-to-Equity Related Terms

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


Wonders Information Co (SZSE:300168) Business Description

Traded in Other Exchanges
N/A
Address
No 1518, Lianhang Road, Minhang District, Shanghai, CHN, 201112
Wonders Information Co Ltd is a software and service provider of information technology. Based on the core business of the industry, the company focuses on the development of online operation of public services, actively explores offline closed-loop services, continuously improves the operational efficiency of the city, and provides more convenient services, leading the transformation of the national medical health, culture and education industries. The company holds more than 600 software products and software copyrights.
Executives
Zhang Ling Qing Directors, executives
Wang Wen Yu Securities Affairs Representative
Tan Li Xiang Executives
Weng Si Yue Executives
Jiang Feng Executives
Li Guang Ya Directors, executives
Yang Ling Executives
Zhu Jun Hai Executives
Shi Yi Bing Directors, executives
Zhang Tian Ren Executives
Wang Qing Directors, executives
Wang Qing Gang Supervisors
Wang Hu Supervisors
Wen Jian Zhong Executives
Xue Li Fang Executives

Wonders Information Co (SZSE:300168) Headlines

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