Jutze Intelligence Technology Co (SZSE:300802) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Jutze Intelligence Technology Co Debt-to-Equity?

Jutze Intelligence Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10.9 Mil. Jutze Intelligence Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥14.9 Mil. Jutze Intelligence Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,657.8 Mil. Jutze Intelligence Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Jutze Intelligence Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:300802' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.08
Current: 0.02

During the past 9 years, the highest Debt-to-Equity Ratio of Jutze Intelligence Technology Co was 0.08. The lowest was 0.01. And the median was 0.02.

SZSE:300802's Debt-to-Equity is ranked better than
93.7% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:300802: 0.02

Jutze Intelligence Technology Co Debt-to-Equity Historical Data

The historical data trend for Jutze Intelligence Technology 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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Jutze Intelligence Technology Co Debt-to-Equity Chart

Jutze Intelligence Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.01

0.02

Jutze Intelligence Technology 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															0.02	0.02	0.01	0.02	0.02

Competitive Comparison of Jutze Intelligence Technology Co's Debt-to-Equity

For the Electronic Components subindustry, Jutze Intelligence Technology 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.

Jutze Intelligence Technology Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jutze Intelligence Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jutze Intelligence Technology Co's Debt-to-Equity falls into.

Jutze Intelligence Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jutze Intelligence Technology 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
	=	(8.737	+	16.829)	/	1705.698
	=	0.01

Jutze Intelligence Technology 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
	=	(10.865	+	14.882)	/	1657.792
	=	0.02

Jutze Intelligence Technology Co (SZSE:300802) 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.

Jutze Intelligence Technology Co Debt-to-Equity Related Terms

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Jutze Intelligence Technology Co (SZSE:300802) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jutze Intelligence Technology Co Ltd (SZSE:300802) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7001 Zhongchun Road, Room 101-102, Building E, Minggu Science Park, Minhang District, Shanghai, CHN, 201100

Website

http://www.jutze.com.cn

Jutze Intelligence Technology Co Ltd is engaged in development, production and sales of smart devices and components. The company provides technical services, technical consulting, technology development, technology transfer, sales of electromechanical equipment, computer hardware and software and auxiliary equipment in the field of intelligent and optoelectronic technology, production and sales of optoelectronic equipment.

Executives

Lei Bao Jia	Supervisors
Nie Qing Yuan	Supervisors
Wang Jian Xun	Directors, executives

Jutze Intelligence Technology Co (SZSE:300802) Headlines

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