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Wuhan Kotei Informatics Co (SZSE:301221) Debt-to-Equity : 0.03 (As of Mar. 2024)


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What is Wuhan Kotei Informatics Co Debt-to-Equity?

Wuhan Kotei Informatics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥57.9 Mil. Wuhan Kotei Informatics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.0 Mil. Wuhan Kotei Informatics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,006.5 Mil. Wuhan Kotei Informatics Co's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 Wuhan Kotei Informatics Co's Debt-to-Equity or its related term are showing as below:

SZSE:301221' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.04
Current: 0.03

During the past 9 years, the highest Debt-to-Equity Ratio of Wuhan Kotei Informatics Co was 0.04. The lowest was 0.01. And the median was 0.02.

SZSE:301221's Debt-to-Equity is ranked better than
95.14% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SZSE:301221: 0.03

Wuhan Kotei Informatics Co Debt-to-Equity Historical Data

The historical data trend for Wuhan Kotei Informatics 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.

Wuhan Kotei Informatics Co Debt-to-Equity Chart

Wuhan Kotei Informatics Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only - 0.01 0.02 0.02 0.04

Wuhan Kotei Informatics Co Quarterly Data
Dec17 Dec18 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 0.01 0.04 0.04 0.04 0.03

Competitive Comparison of Wuhan Kotei Informatics Co's Debt-to-Equity

For the Auto Parts subindustry, Wuhan Kotei Informatics 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.


Wuhan Kotei Informatics Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wuhan Kotei Informatics Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wuhan Kotei Informatics Co's Debt-to-Equity falls into.



Wuhan Kotei Informatics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wuhan Kotei Informatics Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Wuhan Kotei Informatics 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.


Wuhan Kotei Informatics Co  (SZSE:301221) 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.


Wuhan Kotei Informatics Co Debt-to-Equity Related Terms

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Wuhan Kotei Informatics Co (SZSE:301221) Business Description

Traded in Other Exchanges
N/A
Address
South of Nanhu South Road, No. 208, 8th Floor, Building 2, Optics Valley Software Park Phase 6, West of Phase I of Optics Valley Software Park, East Lake Development Zone, Hubei Province, Wuhan, CHN, 430074
Wuhan Kotei Informatics Co Ltd is engaged in providing professional automotive electronic software customized development and software technical services for auto parts suppliers and auto manufacturers.
Executives
Wang Jun De Directors, executives
Li Sen Lin Directors, executives

Wuhan Kotei Informatics Co (SZSE:301221) Headlines

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