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Tianjin Keyvia Electric Co (SZSE:300407) Debt-to-Equity : 0.11 (As of Mar. 2024)


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What is Tianjin Keyvia Electric Co Debt-to-Equity?

Tianjin Keyvia Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥122 Mil. Tianjin Keyvia Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥69 Mil. Tianjin Keyvia Electric Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,780 Mil. Tianjin Keyvia Electric Co's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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 Tianjin Keyvia Electric Co's Debt-to-Equity or its related term are showing as below:

SZSE:300407' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.23   Max: 0.5
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Tianjin Keyvia Electric Co was 0.50. The lowest was 0.02. And the median was 0.23.

SZSE:300407's Debt-to-Equity is ranked better than
87.32% of 883 companies
in the Transportation industry
Industry Median: 0.57 vs SZSE:300407: 0.11

Tianjin Keyvia Electric Co Debt-to-Equity Historical Data

The historical data trend for Tianjin Keyvia Electric 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.

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Tianjin Keyvia Electric Co Debt-to-Equity Chart

Tianjin Keyvia Electric 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 0.18 0.22 0.21 0.22 0.11

Tianjin Keyvia Electric 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 0.20 0.20 0.12 0.11 0.11

Competitive Comparison of Tianjin Keyvia Electric Co's Debt-to-Equity

For the Railroads subindustry, Tianjin Keyvia Electric 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.


Tianjin Keyvia Electric Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Keyvia Electric Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tianjin Keyvia Electric Co's Debt-to-Equity falls into.



Tianjin Keyvia Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Tianjin Keyvia Electric 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.


Tianjin Keyvia Electric Co  (SZSE:300407) 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.


Tianjin Keyvia Electric Co Debt-to-Equity Related Terms

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Tianjin Keyvia Electric Co (SZSE:300407) Business Description

Traded in Other Exchanges
N/A
Address
8th matter Hyflux Building Road, Tianjin Huayuan Industrial Park, Tianjin, CHN, 300384
Tianjin Keyvia Electric Co Ltd covers two areas of electrified railway and urban rail transit, including traction power distribution automation system, dispatching and comprehensive monitoring system, industrial automation system, auxiliary control system for rolling stock, monitoring and diagnosis system, software product development, and others. The widely used products mainly include DK3500 electrified railway traction power supply integrated automation system, traction power supply power dispatching and monitoring system, integrated monitoring system, access control system, automatic ticket checking system, mechanical and electrical equipment monitoring system, passenger information system, disaster prevention alarm system, wireless communication system, and others.
Executives
Kong Xiang Zhou Director
Wen Guo Wang Supervisors
Wang Yong Director
Wang Chuan Qi Directors, executives
Wang Wei Directors, executives
Zhang Zhong Jie Directors, executives
Liu Kun Supervisors
Chu Fei Directors, executives
Cai Deng Ming Directors, executives
Zhao Qin Supervisors
Zhao Yi Huan Executives
Wang Rui Jin Securities Affairs Representative
Zhang Gang Executives

Tianjin Keyvia Electric Co (SZSE:300407) Headlines

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