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ZYNP (SZSE:002448) Debt-to-Equity : 0.27 (As of Mar. 2024)


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What is ZYNP Debt-to-Equity?

ZYNP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥850 Mil. ZYNP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥85 Mil. ZYNP's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,438 Mil. ZYNP's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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 ZYNP's Debt-to-Equity or its related term are showing as below:

SZSE:002448' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.3   Max: 0.44
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of ZYNP was 0.44. The lowest was 0.00. And the median was 0.30.

SZSE:002448's Debt-to-Equity is ranked better than
66.92% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SZSE:002448: 0.27

ZYNP Debt-to-Equity Historical Data

The historical data trend for ZYNP'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.

ZYNP Debt-to-Equity Chart

ZYNP 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 0.38 0.44 0.37 0.31 0.29

ZYNP 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 0.29 0.26 0.24 0.29 0.27

Competitive Comparison of ZYNP's Debt-to-Equity

For the Auto Parts subindustry, ZYNP'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.


ZYNP's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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



ZYNP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ZYNP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

ZYNP'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.


ZYNP  (SZSE:002448) 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.


ZYNP Debt-to-Equity Related Terms

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


ZYNP (SZSE:002448) Business Description

Traded in Other Exchanges
N/A
Address
No.146, Road Hanyu, Mengzhou City, Henan Province, CHN, 454750
ZYNP Corp is the manufacturer of cylinder liners. The company's products are mainly applied in commercial vehicles, passenger vehicles, engineering machinery, agricultural machinery, garden machinery, military, ships and generator sets, among others.
Executives
Xue De Long Director
Zhang Dong Mei Director
Xue Jian Jun Supervisors
Xue Ya Hui Directors, executives
Huang Quan Fu Supervisors
Qian Li Yong Executives
Liu Zhi Jun Directors, executives
Liu Xiang Ning Secretary Dong
Zhao Fei Supervisors
Liu Dong Ping Directors, executives
Wang Zhong Ying Director
Cui Shi Ju Supervisors
Yao Shou Tong Director
Dang Zeng Jun Directors, executives

ZYNP (SZSE:002448) Headlines

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