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Chengdu Wintrue Holding Co (SZSE:002539) Debt-to-Equity : 0.97 (As of Mar. 2024)


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What is Chengdu Wintrue Holding Co Debt-to-Equity?

Chengdu Wintrue Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,869 Mil. Chengdu Wintrue Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,398 Mil. Chengdu Wintrue Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥8,504 Mil. Chengdu Wintrue Holding Co's debt to equity for the quarter that ended in Mar. 2024 was 0.97.

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 Chengdu Wintrue Holding Co's Debt-to-Equity or its related term are showing as below:

SZSE:002539' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69   Med: 1.14   Max: 1.7
Current: 0.97

During the past 13 years, the highest Debt-to-Equity Ratio of Chengdu Wintrue Holding Co was 1.70. The lowest was 0.69. And the median was 1.14.

SZSE:002539's Debt-to-Equity is ranked worse than
81.11% of 217 companies
in the Agriculture industry
Industry Median: 0.35 vs SZSE:002539: 0.97

Chengdu Wintrue Holding Co Debt-to-Equity Historical Data

The historical data trend for Chengdu Wintrue Holding 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.

Chengdu Wintrue Holding Co Debt-to-Equity Chart

Chengdu Wintrue Holding 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 1.16 0.98 0.92 0.69 0.95

Chengdu Wintrue Holding 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 0.70 0.88 1.01 0.95 0.97

Competitive Comparison of Chengdu Wintrue Holding Co's Debt-to-Equity

For the Agricultural Inputs subindustry, Chengdu Wintrue Holding 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.


Chengdu Wintrue Holding Co's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Chengdu Wintrue Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chengdu Wintrue Holding Co's Debt-to-Equity falls into.



Chengdu Wintrue Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chengdu Wintrue Holding Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chengdu Wintrue Holding 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.


Chengdu Wintrue Holding Co  (SZSE:002539) 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.


Chengdu Wintrue Holding Co Debt-to-Equity Related Terms

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Chengdu Wintrue Holding Co (SZSE:002539) Business Description

Traded in Other Exchanges
N/A
Address
South Second Junctions, Xindu Industrial Development Zone, Chengdu, Sichuan, CHN
Chengdu Wintrue Holding Co Ltd together with its subsidiaries, manufactures and supplies chemicals in China and internationally. The company offers NPK fertilizers, soda ash, ammonium chloride, anhydrous sodium sulphate, and edible and industrial salts, as well as other products, including urea.

Chengdu Wintrue Holding Co (SZSE:002539) Headlines

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