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Shenyang Huitian Thermal Power Co (SZSE:000692) Debt-to-Equity : 181.43 (As of Mar. 2024)


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What is Shenyang Huitian Thermal Power Co Debt-to-Equity?

Shenyang Huitian Thermal Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,564 Mil. Shenyang Huitian Thermal Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥243 Mil. Shenyang Huitian Thermal Power Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥15 Mil. Shenyang Huitian Thermal Power Co's debt to equity for the quarter that ended in Mar. 2024 was 181.43.

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 Shenyang Huitian Thermal Power Co's Debt-to-Equity or its related term are showing as below:

SZSE:000692' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.39   Med: 1.78   Max: 181.43
Current: 181.43

During the past 13 years, the highest Debt-to-Equity Ratio of Shenyang Huitian Thermal Power Co was 181.43. The lowest was -4.39. And the median was 1.78.

SZSE:000692's Debt-to-Equity is ranked worse than
100% of 479 companies
in the Utilities - Regulated industry
Industry Median: 0.89 vs SZSE:000692: 181.43

Shenyang Huitian Thermal Power Co Debt-to-Equity Historical Data

The historical data trend for Shenyang Huitian Thermal Power 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.

Shenyang Huitian Thermal Power Co Debt-to-Equity Chart

Shenyang Huitian Thermal Power 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 2.11 9.73 41.41 -1.59 12.29

Shenyang Huitian Thermal Power 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 -1.48 -1.43 -1.24 12.29 181.43

Competitive Comparison of Shenyang Huitian Thermal Power Co's Debt-to-Equity

For the Utilities - Diversified subindustry, Shenyang Huitian Thermal Power 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.


Shenyang Huitian Thermal Power Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shenyang Huitian Thermal Power Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenyang Huitian Thermal Power Co's Debt-to-Equity falls into.



Shenyang Huitian Thermal Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenyang Huitian Thermal Power Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shenyang Huitian Thermal Power 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.


Shenyang Huitian Thermal Power Co  (SZSE:000692) 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.


Shenyang Huitian Thermal Power Co Debt-to-Equity Related Terms

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Shenyang Huitian Thermal Power Co (SZSE:000692) Business Description

Traded in Other Exchanges
N/A
Address
47 Hot Road, Shenhe District, Shenyang, CHN, 110014
Shenyang Huitian Thermal Power Co Ltd operates as central heating company in China. It is also involved in the installation of equipment, construction of industrial pipelines, and civil engineering activities. In addition, the company manufactures and installs non-standard structural parts; sells ammonium sulfate; and retails plumbing materials.
Executives
Gao Jian Supervisors
Li Kuo Supervisors
Li Bing Supervisors
Yang Wen Gang Executives
Fu Jiang Executives
Hou Xiu Hong Supervisors
Zhang Chao Ying Executives
Liu Li Supervisors
Yu Jing Supervisors
Wang Dong Sheng Director
Sun Jie Director

Shenyang Huitian Thermal Power Co (SZSE:000692) Headlines

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