Kunming Yunnei Power Co (SZSE:000903) Debt-to-Equity : 1.34 (As of Mar. 2024)

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What is Kunming Yunnei Power Co Debt-to-Equity?

Kunming Yunnei Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,872 Mil. Kunming Yunnei Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥84 Mil. Kunming Yunnei Power Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,951 Mil. Kunming Yunnei Power Co's debt to equity for the quarter that ended in Mar. 2024 was 1.34.

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 Kunming Yunnei Power Co's Debt-to-Equity or its related term are showing as below:

SZSE:000903' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.28 Max: 1.45
Current: 1.34

During the past 13 years, the highest Debt-to-Equity Ratio of Kunming Yunnei Power Co was 1.45. The lowest was 0.15. And the median was 0.28.

SZSE:000903's Debt-to-Equity is ranked worse than
82.71% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SZSE:000903: 1.34

Kunming Yunnei Power Co Debt-to-Equity Historical Data

The historical data trend for Kunming Yunnei 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.

Kunming Yunnei Power Co Debt-to-Equity Chart

Kunming Yunnei Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.23

0.22

0.28

0.47

1.45

Kunming Yunnei 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															0.49	0.54	0.59	1.45	1.34

Competitive Comparison of Kunming Yunnei Power Co's Debt-to-Equity

For the Auto Manufacturers subindustry, Kunming Yunnei 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.

Kunming Yunnei Power Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kunming Yunnei Power Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kunming Yunnei Power Co's Debt-to-Equity falls into.

Kunming Yunnei Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kunming Yunnei Power 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
	=	(4196.452	+	77.931)	/	2953.581
	=	1.45

Kunming Yunnei Power 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
	=	(3871.654	+	83.802)	/	2950.985
	=	1.34

Kunming Yunnei Power Co (SZSE:000903) 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.

Kunming Yunnei Power Co Debt-to-Equity Related Terms

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Kunming Yunnei Power Co (SZSE:000903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kunming Yunnei Power Co Ltd (SZSE:000903) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No.66, Jingjing Road, Kunming Economic and Technological Development Zone, Yunnan Province, Kunming, CHN, 650200

Website

http://www.yunneidongli.com

Kunming Yunnei Power Co Ltd is engaged in developing and manufacturing diesel engine. It offers engines for commercial vehicle, passenger cars and for off-road machines. Further, it is also involved in two major businesses of engine industrial chain and energy-saving new material industry in which it offers a product such as two powertrain assembly, two core technologies, energy-saving materials, new energy automobiles, agricultural machinery and others. Geographically the activities are carried out through China.

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