Beijing eGova Co (SZSE:300075) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Beijing eGova Co Debt-to-Equity?

Beijing eGova Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥25 Mil. Beijing eGova Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Beijing eGova Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,107 Mil. Beijing eGova Co's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Beijing eGova Co's Debt-to-Equity or its related term are showing as below:

SZSE:300075' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.27
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing eGova Co was 0.27. The lowest was 0.00. And the median was 0.05.

SZSE:300075's Debt-to-Equity is ranked better than
99.95% of 2216 companies
in the Software industry
Industry Median: 0.21 vs SZSE:300075: 0.01

Beijing eGova Co Debt-to-Equity Historical Data

The historical data trend for Beijing eGova 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.

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Beijing eGova Co Debt-to-Equity Chart

Beijing eGova Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.01

Beijing eGova 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															-	-	0.01	0.01	0.01

Competitive Comparison of Beijing eGova Co's Debt-to-Equity

For the Software - Application subindustry, Beijing eGova 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.

Beijing eGova Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Beijing eGova Co's Debt-to-Equity distribution charts can be found below:

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

Beijing eGova Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing eGova 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
	=	(24.856	+	0)	/	4060.361
	=	0.01

Beijing eGova 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
	=	(24.856	+	0)	/	4107.492
	=	0.01

Beijing eGova Co (SZSE:300075) 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.

Beijing eGova Co Debt-to-Equity Related Terms

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Beijing eGova Co (SZSE:300075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing eGova Co Ltd (SZSE:300075) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 42 Xizhimen Energy Building North Street, 8th Floor Block A, Haidian, Beijing, CHN, 100082

Website

http://www.egova.com.cn

Beijing eGova Co Ltd is a high-tech software company. It provides solutions in the digital city management, innovation and social management, intelligent transportation, and safe city fields in China. The company offers digital city management software and a grid of social service management systems; digital law enforcement management software and systems; three-dimensional imaging and mobile road measurement systems.

Executives

Wu Qiang Hua	Director
Wang Hong Shen	Directors, executives
Wang Dong	Directors, executives
Hu Huan Yu	Director
Yin Xiao Min	Executives
Zhu Hua	Directors, executives
Xu Fei	Supervisors, securities affairs representatives
Qiu Lu Min	Directors, executives
Liu Xian Lin	Independent director
Li Guo Zhong	Director
Xu Xin	Directors, executives
Zhang Lei	Supervisors

Beijing eGova Co (SZSE:300075) Headlines

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