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Foshan Nationstar Optoelectronics Co (SZSE:002449) Debt-to-Equity : 0.17 (As of Mar. 2024)


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What is Foshan Nationstar Optoelectronics Co Debt-to-Equity?

Foshan Nationstar Optoelectronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥364 Mil. Foshan Nationstar Optoelectronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥278 Mil. Foshan Nationstar Optoelectronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,832 Mil. Foshan Nationstar Optoelectronics Co's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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 Foshan Nationstar Optoelectronics Co's Debt-to-Equity or its related term are showing as below:

SZSE:002449' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.14   Max: 0.24
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Foshan Nationstar Optoelectronics Co was 0.24. The lowest was 0.02. And the median was 0.14.

SZSE:002449's Debt-to-Equity is ranked better than
60.18% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs SZSE:002449: 0.17

Foshan Nationstar Optoelectronics Co Debt-to-Equity Historical Data

The historical data trend for Foshan Nationstar Optoelectronics 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.

Foshan Nationstar Optoelectronics Co Debt-to-Equity Chart

Foshan Nationstar Optoelectronics 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 0.03 - - 0.17 0.17

Foshan Nationstar Optoelectronics 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 0.15 0.15 0.14 0.17 0.17

Competitive Comparison of Foshan Nationstar Optoelectronics Co's Debt-to-Equity

For the Semiconductors subindustry, Foshan Nationstar Optoelectronics 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.


Foshan Nationstar Optoelectronics Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Foshan Nationstar Optoelectronics Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Foshan Nationstar Optoelectronics Co's Debt-to-Equity falls into.



Foshan Nationstar Optoelectronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Foshan Nationstar Optoelectronics Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Foshan Nationstar Optoelectronics 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.


Foshan Nationstar Optoelectronics Co  (SZSE:002449) 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.


Foshan Nationstar Optoelectronics Co Debt-to-Equity Related Terms

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Foshan Nationstar Optoelectronics Co (SZSE:002449) Business Description

Traded in Other Exchanges
N/A
Address
NO.18 South Hua Bao Road, Chan Cheng District, FoShan, GuangDong, CHN, 528000
Foshan Nationstar Optoelectronics Co Ltd is a China-based company. It manufactures and sells LED and LED applied products. The company offers LED packaging technology and devices, including high-speed die bonding, wire bonding, precise color testing and bin-sorting machines, etc., as well as full-color LEDs for indoor and outdoor displays; and components for lighting, such as flip-chips, chip-on-board, and CSPs for a range of applications comprising illuminaires.
Executives
Wang Hai Jun Executives
Li Cheng Directors, executives
Lei Zi He Directors, executives
Li Qi Ying Executives
Wang Yao Hao Director
Wei Cui E Executives
Li Xu Feng Supervisors
Song Dai Hui Executives
Wang Sen Directors, executives
Chen Rui Tian Executives
Yan Xing Supervisors
Cai Ju Yi Supervisors
Yu Bin Hai Director
Zhang Jian Qi Director

Foshan Nationstar Optoelectronics Co (SZSE:002449) Headlines

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