Shenzhen Dynanonic Co (SZSE:300769) Debt-to-Equity : 0.97 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Shenzhen Dynanonic Co Debt-to-Equity?

Shenzhen Dynanonic Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥3,251 Mil. Shenzhen Dynanonic Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥3,663 Mil. Shenzhen Dynanonic Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥7,124 Mil. Shenzhen Dynanonic Co's debt to equity for the quarter that ended in Dec. 2023 was 0.97.

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

SZSE:300769' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.34 Max: 1.04
Current: 0.97

During the past 11 years, the highest Debt-to-Equity Ratio of Shenzhen Dynanonic Co was 1.04. The lowest was 0.14. And the median was 0.34.

SZSE:300769's Debt-to-Equity is ranked worse than
84.25% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs SZSE:300769: 0.97

Shenzhen Dynanonic Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Dynanonic 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.

Shenzhen Dynanonic Co Debt-to-Equity Chart

Shenzhen Dynanonic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.14

0.20

0.44

1.04

0.97

Shenzhen Dynanonic Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.04	1.30	1.30	1.19	0.97

Competitive Comparison of Shenzhen Dynanonic Co's Debt-to-Equity

For the Chemicals subindustry, Shenzhen Dynanonic 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.

Shenzhen Dynanonic Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Dynanonic Co's Debt-to-Equity distribution charts can be found below:

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

Shenzhen Dynanonic Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Dynanonic Co'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
	=	(3251.351	+	3662.525)	/	7123.957
	=	0.97

Shenzhen Dynanonic Co'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
	=	(3251.351	+	3662.525)	/	7123.957
	=	0.97

Shenzhen Dynanonic Co (SZSE:300769) 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.

Shenzhen Dynanonic Co Debt-to-Equity Related Terms

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

Shenzhen Dynanonic Co (SZSE:300769) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Dynanonic Co Ltd (SZSE:300769) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 3009 Shahe West Road, No.1 Chuangsheng Road, Nanshan District, Shenzhen, CHN, 518055

Website

http://www.dynanonic.com

Shenzhen Dynanonic Co Ltd is a national high-tech enterprise. It is dedicated towards the development of nanomaterials to industrialization, integrating research and development, production and sales of nanomaterials and their applications. The business activities of the group include development, production, and marketing of nano lithium-ion battery materials in China.

Shenzhen Dynanonic Co (SZSE:300769) Headlines

No Headlines