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Shanghai Sinyang Semiconductor Materials Co (SZSE:300236) Debt-to-Equity : 0.15 (As of Mar. 2024)


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What is Shanghai Sinyang Semiconductor Materials Co Debt-to-Equity?

Shanghai Sinyang Semiconductor Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥214 Mil. Shanghai Sinyang Semiconductor Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥364 Mil. Shanghai Sinyang Semiconductor Materials Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,791 Mil. Shanghai Sinyang Semiconductor Materials Co's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

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 Shanghai Sinyang Semiconductor Materials Co's Debt-to-Equity or its related term are showing as below:

SZSE:300236' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.17
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Sinyang Semiconductor Materials Co was 0.17. The lowest was 0.01. And the median was 0.05.

SZSE:300236's Debt-to-Equity is ranked better than
62.47% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs SZSE:300236: 0.15

Shanghai Sinyang Semiconductor Materials Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Sinyang Semiconductor Materials 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.

Shanghai Sinyang Semiconductor Materials Co Debt-to-Equity Chart

Shanghai Sinyang Semiconductor Materials 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 0.05 0.07 0.10 0.17 0.13

Shanghai Sinyang Semiconductor Materials 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 0.16 0.14 0.13 0.13 0.15

Competitive Comparison of Shanghai Sinyang Semiconductor Materials Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Shanghai Sinyang Semiconductor Materials 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.


Shanghai Sinyang Semiconductor Materials Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Sinyang Semiconductor Materials Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Sinyang Semiconductor Materials Co's Debt-to-Equity falls into.



Shanghai Sinyang Semiconductor Materials Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Sinyang Semiconductor Materials Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai Sinyang Semiconductor Materials 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.


Shanghai Sinyang Semiconductor Materials Co  (SZSE:300236) 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.


Shanghai Sinyang Semiconductor Materials Co Debt-to-Equity Related Terms

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Shanghai Sinyang Semiconductor Materials Co (SZSE:300236) Business Description

Traded in Other Exchanges
N/A
Address
No. 3600, Sixian Road, Songjiang District, Shanghai, CHN, 201616
Shanghai Sinyang Semiconductor Materials Co Ltd is a high-tech company focusing on the research and development, design, manufacturing, sales, and services of electronic materials and its related surface treatment equipment. It is involved in the electronics industry, semiconductor manufacturing, packaging test and assembly, solar cell manufacturing and aerospace electronic industries. The products offered by the company includes traditional encapsulation of semiconductor, advanced manufacturing and packaging of semiconductor, and aerospace aircraft electronic chemical materials.

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