Fengzhushou Co (SZSE:301382) Debt-to-Equity : 0.16 (As of Mar. 2024)

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What is Fengzhushou Co Debt-to-Equity?

Fengzhushou Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥232 Mil. Fengzhushou Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥48 Mil. Fengzhushou Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,715 Mil. Fengzhushou Co's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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

SZSE:301382' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.13 Max: 0.46
Current: 0.16

During the past 7 years, the highest Debt-to-Equity Ratio of Fengzhushou Co was 0.46. The lowest was 0.05. And the median was 0.13.

SZSE:301382's Debt-to-Equity is ranked better than
55.76% of 2213 companies
in the Software industry
Industry Median: 0.21 vs SZSE:301382: 0.16

Fengzhushou Co Debt-to-Equity Historical Data

The historical data trend for Fengzhushou 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.

Fengzhushou Co Debt-to-Equity Chart

Fengzhushou Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.08

0.13

0.38

0.10

Fengzhushou Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial														0.46	0.21	0.12	0.10	0.16

Competitive Comparison of Fengzhushou Co's Debt-to-Equity

For the Software - Application subindustry, Fengzhushou 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.

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

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

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

Fengzhushou Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fengzhushou 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
	=	(104.583	+	60.676)	/	1689.623
	=	0.10

Fengzhushou 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
	=	(231.521	+	47.828)	/	1715.477
	=	0.16

Fengzhushou Co (SZSE:301382) 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.

Fengzhushou Co Debt-to-Equity Related Terms

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Fengzhushou Co (SZSE:301382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fengzhushou Co Ltd (SZSE:301382) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 660, Huangpu Avenue Middle, Room 901-909, Tianhe District, Guangdong Province, Guangzhou, CHN, 510655

Website

http://www.phone580.com

Fengzhushou Co Ltd is an Internet digital virtual commodity comprehensive service provider, mainly providing mobile Internet digital virtual commodity aggregate operation, fusion operation, distribution operation and other comprehensive operation services for customers in mobile Internet-related scenarios, and providing Internet of Things traffic access, Comprehensive solutions such as hardware solutions, scene applications, and cloud terminal solutions, and provide customized operational support services and technical services according to customer needs. It is an innovative software technology enterprise that has grown up with the development of the mobile Internet.

Executives

Luo Hong Peng	Directors, executives
Ma Da Liang	Supervisors
Ding Jing Lei	Directors, executives

Fengzhushou Co (SZSE:301382) Headlines

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