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Beijing-Shanghai High Speed Railway Co (SHSE:601816) Debt-to-Equity : 0.36 (As of Sep. 2023)


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What is Beijing-Shanghai High Speed Railway Co Debt-to-Equity?

Beijing-Shanghai High Speed Railway Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥10,517 Mil. Beijing-Shanghai High Speed Railway Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥58,127 Mil. Beijing-Shanghai High Speed Railway Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥192,481 Mil. Beijing-Shanghai High Speed Railway Co's debt to equity for the quarter that ended in Sep. 2023 was 0.36.

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-Shanghai High Speed Railway Co's Debt-to-Equity or its related term are showing as below:

SHSE:601816' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.41   Max: 0.49
Current: 0.36

During the past 11 years, the highest Debt-to-Equity Ratio of Beijing-Shanghai High Speed Railway Co was 0.49. The lowest was 0.14. And the median was 0.41.

SHSE:601816's Debt-to-Equity is ranked better than
62.24% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs SHSE:601816: 0.36

Beijing-Shanghai High Speed Railway Co Debt-to-Equity Historical Data

The historical data trend for Beijing-Shanghai High Speed Railway 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-Shanghai High Speed Railway Co Debt-to-Equity Chart

Beijing-Shanghai High Speed Railway Co Annual Data
Trend Dec08 Dec09 Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.33 0.47 0.43 0.41

Beijing-Shanghai High Speed Railway Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.41 0.41 0.41 0.40 0.36

Competitive Comparison of Beijing-Shanghai High Speed Railway Co's Debt-to-Equity

For the Railroads subindustry, Beijing-Shanghai High Speed Railway 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-Shanghai High Speed Railway Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing-Shanghai High Speed Railway Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing-Shanghai High Speed Railway Co's Debt-to-Equity falls into.



Beijing-Shanghai High Speed Railway Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing-Shanghai High Speed Railway Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Beijing-Shanghai High Speed Railway Co's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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-Shanghai High Speed Railway Co  (SHSE:601816) 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-Shanghai High Speed Railway Co Debt-to-Equity Related Terms

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Beijing-Shanghai High Speed Railway Co (SHSE:601816) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Beihuo Road, No. 1 Office Building, 3rd and 4th Floor, Haidian District, Beijing, CHN, 100038
Beijing-Shanghai High Speed Railway Co Ltd is a provider of rail passenger transportation. The company's rail service connects two economic zones, Beijing-Tianjin-Hebei and Yangtze River Delta.

Beijing-Shanghai High Speed Railway Co (SHSE:601816) Headlines

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