BOE Technology Group Co (SZSE:000725) Debt-to-Equity : 1.12 (As of Mar. 2024)

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What is BOE Technology Group Co Debt-to-Equity?

BOE Technology Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥23,013 Mil. BOE Technology Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥122,812 Mil. BOE Technology Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥130,360 Mil. BOE Technology Group Co's debt to equity for the quarter that ended in Mar. 2024 was 1.12.

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 BOE Technology Group Co's Debt-to-Equity or its related term are showing as below:

SZSE:000725' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 1.12 Max: 1.61
Current: 1.12

During the past 13 years, the highest Debt-to-Equity Ratio of BOE Technology Group Co was 1.61. The lowest was 0.39. And the median was 1.12.

SZSE:000725's Debt-to-Equity is ranked worse than
88.72% of 2198 companies
in the Hardware industry
Industry Median: 0.28 vs SZSE:000725: 1.12

BOE Technology Group Co Debt-to-Equity Historical Data

The historical data trend for BOE Technology Group 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.

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BOE Technology Group Co Debt-to-Equity Chart

BOE Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.40

1.61

1.03

1.09

1.15

BOE Technology Group 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															1.10	1.12	1.14	1.15	1.12

Competitive Comparison of BOE Technology Group Co's Debt-to-Equity

For the Electronic Components subindustry, BOE Technology Group 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.

BOE Technology Group Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BOE Technology Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BOE Technology Group Co's Debt-to-Equity falls into.

BOE Technology Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BOE Technology Group 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
	=	(26183.212	+	122088.481)	/	129428.307
	=	1.15

BOE Technology Group 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
	=	(23012.971	+	122811.71)	/	130359.906
	=	1.12

BOE Technology Group Co (SZSE:000725) 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.

BOE Technology Group Co Debt-to-Equity Related Terms

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BOE Technology Group Co (SZSE:000725) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BOE Technology Group Co Ltd (SZSE:000725) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

200725:China

Address

No. 10 Jiuxianqiao Road, Chaoyang District, Beijing, CHN, 100015

Website

https://www.boe.com

BOE Technology Group Co Ltd is an investment holding company. The reportable segments of the company are Display device business; Internet of things innovation business; Sensing business; MLED business; Smart medical and industrial business and others. It generates maximum revenue from Display device business segment. The Display business segment integrates design and manufacturing of display devices and strives to offer TFT-LCD, AMOLED, Microdisplay, and other intelligent interface devices, which develops a platform that integrates panels, modules, whole widget, and services.

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