Shenzhen Zesum Technology Co (SZSE:301486) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Shenzhen Zesum Technology Co Debt-to-Equity?

Shenzhen Zesum Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7.4 Mil. Shenzhen Zesum Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥22.6 Mil. Shenzhen Zesum Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,514.2 Mil. Shenzhen Zesum Technology 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 Shenzhen Zesum Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:301486' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.4
Current: 0.01

During the past 6 years, the highest Debt-to-Equity Ratio of Shenzhen Zesum Technology Co was 0.40. The lowest was 0.01. And the median was 0.12.

SZSE:301486's Debt-to-Equity is ranked better than
99.95% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:301486: 0.01

Shenzhen Zesum Technology Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Zesum 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.

* Premium members only.

Shenzhen Zesum Technology Co Debt-to-Equity Chart

Shenzhen Zesum Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.14

0.08

0.11

0.40

0.01

Shenzhen Zesum Technology Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.35	0.35	0.01	0.01	0.01

Competitive Comparison of Shenzhen Zesum Technology Co's Debt-to-Equity

For the Electronic Components subindustry, Shenzhen Zesum 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.

Shenzhen Zesum Technology Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Shenzhen Zesum Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Zesum 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
	=	(4.805	+	23.969)	/	2515.332
	=	0.01

Shenzhen Zesum 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
	=	(7.445	+	22.564)	/	2514.218
	=	0.01

Shenzhen Zesum Technology Co (SZSE:301486) 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.

Shenzhen Zesum Technology Co Debt-to-Equity Related Terms

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Shenzhen Zesum Technology Co (SZSE:301486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Zesum Technology Co Ltd (SZSE:301486) » Definitions » Debt-to-Equity

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Address

Matian Street, Floor 1, Building A, Zhishang Technology Park, Mashantou Community, Guangming District, Guangdong Province, Shenzhen, CHN, 518106

Website

http://www.zesum.com

Shenzhen Zesum Technology Co Ltd focuses on the research and development and manufacturing of precision electronic parts, and is committed to the research and development, design, production and sales of gaming machines, VR/AR equipment, professional audio based consumer electronics, communication electronics and automotive electronics and other parts. The company's main products include game parts, electronic connectors, optical fiber connectors, precision structural parts and metal milling tools, electronic automization equipment and others covering various consumer electronics, communication electronics and automotive electronics and other fields.

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