China Railway Signalmmunication (HKSE:03969) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is China Railway Signalmmunication Debt-to-Equity?

China Railway Signalmmunication's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,667 Mil. China Railway Signalmmunication's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,341 Mil. China Railway Signalmmunication's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$51,202 Mil. China Railway Signalmmunication's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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 China Railway Signalmmunication's Debt-to-Equity or its related term are showing as below:

HKSE:03969' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.16
Current: 0.16

During the past 10 years, the highest Debt-to-Equity Ratio of China Railway Signalmmunication was 0.16. The lowest was 0.03. And the median was 0.10.

HKSE:03969's Debt-to-Equity is ranked better than
81.52% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs HKSE:03969: 0.16

China Railway Signalmmunication Debt-to-Equity Historical Data

The historical data trend for China Railway Signalmmunication'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.

China Railway Signalmmunication Debt-to-Equity Chart

China Railway Signalmmunication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.11

0.14

0.16

China Railway Signalmmunication Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.17	0.15	0.16	N/A

Competitive Comparison of China Railway Signalmmunication's Debt-to-Equity

For the Railroads subindustry, China Railway Signalmmunication'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.

China Railway Signalmmunication's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Railway Signalmmunication's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Railway Signalmmunication's Debt-to-Equity falls into.

China Railway Signalmmunication Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Railway Signalmmunication'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
	=	(4666.866	+	3340.843)	/	51202.034
	=	0.16

China Railway Signalmmunication's Debt to Equity Ratio for the quarter 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
	=	(4666.866	+	3340.843)	/	51202.034
	=	0.16

China Railway Signalmmunication (HKSE:03969) 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.

China Railway Signalmmunication Debt-to-Equity Related Terms

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China Railway Signalmmunication (HKSE:03969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Railway Signal & Communication Corp Ltd (HKSE:03969) » Definitions » Debt-to-Equity

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CRYCY:USA 688009:China

Address

Automobile Museum South Road, CRSC Building, 1 Compound, Fengtai District, 20th Floor, Beijing, CHN, 100070

Website

http://www.crsc.cn

China Railway Signal & Communication Corp Ltd provides products and services on the entire industrial chain of rail transit control systems. The company's operating segments are the rail transportation control system segment which provides specialized three-in-one services of design and integration, equipment manufacturing, and system implementation services for rail transportation control systems, General project contracting segment engages in the provision of services relating to municipal and other construction projects, other segments mainly engage in trading. The firm generates a majority of its revenue from the rail transportation control system segment.

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