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Jiangsu Yunyong Electronics and Technology Co (SHSE:688060) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is Jiangsu Yunyong Electronics and Technology Co Debt-to-Equity?

Jiangsu Yunyong Electronics and Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11.7 Mil. Jiangsu Yunyong Electronics and Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3.9 Mil. Jiangsu Yunyong Electronics and Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥957.9 Mil. Jiangsu Yunyong Electronics and Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Yunyong Electronics and Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:688060' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.13
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of Jiangsu Yunyong Electronics and Technology Co was 0.13. The lowest was 0.00. And the median was 0.02.

SHSE:688060's Debt-to-Equity is ranked better than
92.18% of 2211 companies
in the Software industry
Industry Median: 0.21 vs SHSE:688060: 0.02

Jiangsu Yunyong Electronics and Technology Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Yunyong Electronics and Technology 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 Yunyong Electronics and Technology Co Debt-to-Equity Chart

Jiangsu Yunyong Electronics and Technology 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 0.01 - - 0.02 0.03

Jiangsu Yunyong Electronics and Technology 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 0.02 0.02 0.02 0.03 0.02

Competitive Comparison of Jiangsu Yunyong Electronics and Technology Co's Debt-to-Equity

For the Software - Application subindustry, Jiangsu Yunyong Electronics and Technology 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 Yunyong Electronics and Technology Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Jiangsu Yunyong Electronics and Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Yunyong Electronics and Technology Co's Debt-to-Equity falls into.



Jiangsu Yunyong Electronics and Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Yunyong Electronics and Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangsu Yunyong Electronics and Technology 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.


Jiangsu Yunyong Electronics and Technology Co  (SHSE:688060) 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 Yunyong Electronics and Technology Co Debt-to-Equity Related Terms

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Jiangsu Yunyong Electronics and Technology Co (SHSE:688060) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Tai'an Road, Hailing District, Jiangsu Province, Taizhou, CHN, 225314
Jiangsu Yunyong Electronics and Technology Co Ltd is engaged in production and sales of industrial information security products. It is a software and hardware provider based on embedded Linux system and RISC CPU. The company has a series of development platforms based on mainstream embedded processors such as ARM, PowerPC, MIPS, Godson, and Feiteng.
Executives
Jiang Jin Liang senior management
Gao Yuan Director
Li Zhan Cai Core technical personnel
Zhang Yan Rong senior management
Liu Yang Core technical personnel
Zhou Yu Ke senior management
Xiao Xiang Sheng Director
Zhang Kui Director

Jiangsu Yunyong Electronics and Technology Co (SHSE:688060) Headlines

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