Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) Debt-to-Equity : 0.00 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Jiangsu Jiangnan High Polymer Fiber Co Debt-to-Equity?

Jiangsu Jiangnan High Polymer Fiber Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.2 Mil. Jiangsu Jiangnan High Polymer Fiber Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.3 Mil. Jiangsu Jiangnan High Polymer Fiber Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,226.3 Mil. Jiangsu Jiangnan High Polymer Fiber Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Jiangsu Jiangnan High Polymer Fiber Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Jiangsu Jiangnan High Polymer Fiber Co was 0.01. The lowest was 0.00. And the median was 0.00.

SHSE:600527's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Jiangsu Jiangnan High Polymer Fiber Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Jiangnan High Polymer Fiber 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.

Jiangsu Jiangnan High Polymer Fiber Co Debt-to-Equity Chart

Jiangsu Jiangnan High Polymer Fiber Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

Jiangsu Jiangnan High Polymer Fiber 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															-	-	-	-	-

Competitive Comparison of Jiangsu Jiangnan High Polymer Fiber Co's Debt-to-Equity

For the Chemicals subindustry, Jiangsu Jiangnan High Polymer Fiber 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.

Jiangsu Jiangnan High Polymer Fiber Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Jiangnan High Polymer Fiber Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Jiangnan High Polymer Fiber Co's Debt-to-Equity falls into.

Jiangsu Jiangnan High Polymer Fiber Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Jiangnan High Polymer Fiber 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
	=	(2.203	+	4.721)	/	2219.99
	=	0.00

Jiangsu Jiangnan High Polymer Fiber Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(2.229	+	2.334)	/	2226.293
	=	0.00

Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) 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.

Jiangsu Jiangnan High Polymer Fiber Co Debt-to-Equity Related Terms

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

Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Jiangnan High Polymer Fiber Co Ltd (SHSE:600527) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Huangdai Town, Xiangcheng District, Suzhou, Jiangsu, CHN, 215143

Website

http://www.jngx.cn

Jiangsu Jiangnan High Polymer Fiber Co Ltd is a bicomponent fiber company. It is principally engaged in the production and distribution of chemical fiber products. The company's products mainly include Core -Sheath fiber (ES), Parallel hollow composite fiber, 51 islands figured sea-island composite fiber, Korean polyester, fine-denier polyester tops, high-shrinkage tops, colored tops, PTT tops, Fleck, tops.

Executives

Tao Ye	Director
Tao Guo Ping	Director
Zhu Ming Lai	Supervisors
Sheng Dong Sheng	Director
Pu Jin Long	Director
Gu Xing Nan	Director
Zhou Yong Kang	Director

Jiangsu Jiangnan High Polymer Fiber Co (SHSE:600527) Headlines

No Headlines