YIFAN PHARMACEUTICAL CO (SZSE:002019) Debt-to-Equity : 0.24 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is YIFAN PHARMACEUTICAL CO Debt-to-Equity?

YIFAN PHARMACEUTICAL CO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,236 Mil. YIFAN PHARMACEUTICAL CO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥777 Mil. YIFAN PHARMACEUTICAL CO's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥8,407 Mil. YIFAN PHARMACEUTICAL CO's debt to equity for the quarter that ended in Mar. 2024 was 0.24.

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 YIFAN PHARMACEUTICAL CO's Debt-to-Equity or its related term are showing as below:

SZSE:002019' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.24 Max: 0.59
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of YIFAN PHARMACEUTICAL CO was 0.59. The lowest was 0.10. And the median was 0.24.

SZSE:002019's Debt-to-Equity is ranked better than
56.04% of 853 companies
in the Drug Manufacturers industry
Industry Median: 0.29 vs SZSE:002019: 0.24

YIFAN PHARMACEUTICAL CO Debt-to-Equity Historical Data

The historical data trend for YIFAN PHARMACEUTICAL 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.

YIFAN PHARMACEUTICAL CO Debt-to-Equity Chart

YIFAN PHARMACEUTICAL CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.26

0.21

0.27

0.25

0.24

YIFAN PHARMACEUTICAL 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															0.26	0.24	0.21	0.24	0.24

Competitive Comparison of YIFAN PHARMACEUTICAL CO's Debt-to-Equity

For the Drug Manufacturers - General subindustry, YIFAN PHARMACEUTICAL 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.

YIFAN PHARMACEUTICAL CO's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, YIFAN PHARMACEUTICAL CO's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where YIFAN PHARMACEUTICAL CO's Debt-to-Equity falls into.

YIFAN PHARMACEUTICAL CO Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

YIFAN PHARMACEUTICAL 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
	=	(1101.719	+	878.772)	/	8275.634
	=	0.24

YIFAN PHARMACEUTICAL 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
	=	(1235.666	+	776.657)	/	8407.491
	=	0.24

YIFAN PHARMACEUTICAL CO (SZSE:002019) 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.

YIFAN PHARMACEUTICAL CO Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of YIFAN PHARMACEUTICAL CO's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

YIFAN PHARMACEUTICAL CO (SZSE:002019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » YIFAN PHARMACEUTICAL CO LTD (SZSE:002019) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 50 Qinshan, Jincheng, Lin'an Economic Development Zone, Hangzhou, Zhejiang, CHN, 311300

Website

https://en.yifanyy.com

YIFAN PHARMACEUTICAL CO LTD is a China-based company engaged in pharmaceutical innovation and manufacturing. The company focuses its activities on key areas like macromolecular biologics, high-value pharmaceuticals, and differentiated traditional Chinese medicines. The products of the company are F-627 for Neutropenia and Parkinson's disease, F-652 for acute alcoholic hepatitis, GvHD and acute pancreatitis and F-899 for growth deficiency. The company's products are sold in China and internationally.

YIFAN PHARMACEUTICAL CO (SZSE:002019) Headlines

No Headlines