Shanghai Wondertek Software (SHSE:603189) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Shanghai Wondertek Software Debt-to-Equity?

Shanghai Wondertek Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.4 Mil. Shanghai Wondertek Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.2 Mil. Shanghai Wondertek Software's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,531.5 Mil. Shanghai Wondertek Software's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Shanghai Wondertek Software's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Wondertek Software was 0.09. The lowest was 0.00. And the median was 0.06.

SHSE:603189's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Shanghai Wondertek Software Debt-to-Equity Historical Data

The historical data trend for Shanghai Wondertek Software'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.

Shanghai Wondertek Software Debt-to-Equity Chart

Shanghai Wondertek Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.04

Shanghai Wondertek Software 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															0.01	0.01	-	-	-

Competitive Comparison of Shanghai Wondertek Software's Debt-to-Equity

For the Software - Application subindustry, Shanghai Wondertek Software'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.

Shanghai Wondertek Software's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Shanghai Wondertek Software's Debt-to-Equity falls into.

Shanghai Wondertek Software Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Wondertek Software'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
	=	(0.389	+	1.241)	/	1565.448
	=	0.00

Shanghai Wondertek Software'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
	=	(0.37	+	1.209)	/	1531.472
	=	0.00

Shanghai Wondertek Software (SHSE:603189) 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.

Shanghai Wondertek Software Debt-to-Equity Related Terms

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Shanghai Wondertek Software (SHSE:603189) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Wondertek Software Corp Ltd (SHSE:603189) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Pudong New Area, Shanghai Jinqiao Road, No. 27, Building 13, Shanghai, CHN, 201206

Website

http://www.wondertek.com.cn

Shanghai Wondertek Software Corp Ltd engages in the software research and services. Its business is categorized in multimedia software and mobile internet services, and business intelligence software applications and services. Its products include wonder runtime platform, operating a management system, media assets management, streaming transcoding process, and data marketing analysis.

Executives

Feng Da

Director

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