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Xi'an Typical Industries Co (SHSE:600302) Debt-to-Equity : 0.06 (As of Mar. 2024)


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What is Xi'an Typical Industries Co Debt-to-Equity?

Xi'an Typical Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥32.5 Mil. Xi'an Typical Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥15.2 Mil. Xi'an Typical Industries Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥784.9 Mil. Xi'an Typical Industries Co's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 Xi'an Typical Industries Co's Debt-to-Equity or its related term are showing as below:

SHSE:600302' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.45
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Xi'an Typical Industries Co was 0.45. The lowest was 0.02. And the median was 0.03.

SHSE:600302's Debt-to-Equity is ranked better than
81.4% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs SHSE:600302: 0.06

Xi'an Typical Industries Co Debt-to-Equity Historical Data

The historical data trend for Xi'an Typical Industries 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.

Xi'an Typical Industries Co Debt-to-Equity Chart

Xi'an Typical Industries 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 0.03 0.24 0.35 0.07 0.04

Xi'an Typical Industries 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 0.06 0.03 0.03 0.04 0.06

Competitive Comparison of Xi'an Typical Industries Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Xi'an Typical Industries 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.


Xi'an Typical Industries Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xi'an Typical Industries Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Xi'an Typical Industries Co's Debt-to-Equity falls into.



Xi'an Typical Industries Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xi'an Typical Industries Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Xi'an Typical Industries 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.


Xi'an Typical Industries Co  (SHSE:600302) 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.


Xi'an Typical Industries Co Debt-to-Equity Related Terms

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Xi'an Typical Industries Co (SHSE:600302) Business Description

Traded in Other Exchanges
N/A
Address
No. 335 Taibai Road, Xi'an, Shanxi, CHN, 710068
Xi'an Typical Industries Co Ltd manufactures and supplies precision machinery. The company is mainly engaged in the research and development, manufacturing and marketing of a full range of sewing equipment, providing products and services for apparel, shoes and hats, luggage, furniture, home improvement, automotive and other fields.
Executives
Chen Jin Shan Director
Deng Bin senior management
Zhao Xu Director
Zhu Yin Director
Zheng Xuan senior management
Huang Wei senior management
Yu Shou Qi senior management
Yuan Zeng Sheng senior management
Geng Li Ping Director

Xi'an Typical Industries Co (SHSE:600302) Headlines

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