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Gansu Dunhuang Seed Group Co (SHSE:600354) Debt-to-Equity : 0.67 (As of Mar. 2024)


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What is Gansu Dunhuang Seed Group Co Debt-to-Equity?

Gansu Dunhuang Seed Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥377 Mil. Gansu Dunhuang Seed Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥47 Mil. Gansu Dunhuang Seed Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥638 Mil. Gansu Dunhuang Seed Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

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 Gansu Dunhuang Seed Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:600354' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61   Med: 1   Max: 2.79
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Gansu Dunhuang Seed Group Co was 2.79. The lowest was 0.61. And the median was 1.00.

SHSE:600354's Debt-to-Equity is ranked worse than
65.33% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs SHSE:600354: 0.67

Gansu Dunhuang Seed Group Co Debt-to-Equity Historical Data

The historical data trend for Gansu Dunhuang Seed Group 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.

Gansu Dunhuang Seed Group Co Debt-to-Equity Chart

Gansu Dunhuang Seed Group 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 1.71 1.03 0.84 0.80 0.78

Gansu Dunhuang Seed Group 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 0.84 0.65 0.61 0.78 0.67

Competitive Comparison of Gansu Dunhuang Seed Group Co's Debt-to-Equity

For the Farm Products subindustry, Gansu Dunhuang Seed Group 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.


Gansu Dunhuang Seed Group Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gansu Dunhuang Seed Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gansu Dunhuang Seed Group Co's Debt-to-Equity falls into.



Gansu Dunhuang Seed Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gansu Dunhuang Seed Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Gansu Dunhuang Seed Group 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.


Gansu Dunhuang Seed Group Co  (SHSE:600354) 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.


Gansu Dunhuang Seed Group Co Debt-to-Equity Related Terms

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Gansu Dunhuang Seed Group Co (SHSE:600354) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Suzhou Road, Suzhou District, Jiuquan, Gansu, CHN, 735000
Gansu Dunhuang Seed Group Co Ltd is a China-based company engaged in the production and sale of all kinds of crop seed. The company produces and markets grain, cotton, melon and vegetable seeds and cotton products such as lint, cottonseeds, and linters. It is also involved in processing and sale of cotton oil, tomato sauce, tomato powder, and hops products.
Executives
Shi Xiao Zhong Director
Wang Cheng Ji Director
Wang Shan Guang senior management
Zhang Shao Ping Director

Gansu Dunhuang Seed Group Co (SHSE:600354) Headlines

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