Jiangsu Beiren Robot System Co (SHSE:688218) Debt-to-Equity : 0.25 (As of Mar. 2024)

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What is Jiangsu Beiren Robot System Co Debt-to-Equity?

Jiangsu Beiren Robot System Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥100.1 Mil. Jiangsu Beiren Robot System Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥131.2 Mil. Jiangsu Beiren Robot System Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥944.2 Mil. Jiangsu Beiren Robot System Co's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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 Jiangsu Beiren Robot System Co's Debt-to-Equity or its related term are showing as below:

SHSE:688218' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 1.37
Current: 0.25

During the past 10 years, the highest Debt-to-Equity Ratio of Jiangsu Beiren Robot System Co was 1.37. The lowest was 0.07. And the median was 0.16.

SHSE:688218's Debt-to-Equity is ranked better than
54.68% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs SHSE:688218: 0.25

Jiangsu Beiren Robot System Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Beiren Robot System 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.

Jiangsu Beiren Robot System Co Debt-to-Equity Chart

Jiangsu Beiren Robot System Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.13

0.10

0.08

0.14

0.23

Jiangsu Beiren Robot System 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															0.16	0.18	0.17	0.23	0.25

Competitive Comparison of Jiangsu Beiren Robot System Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Jiangsu Beiren Robot System 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.

Jiangsu Beiren Robot System Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Beiren Robot System Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Beiren Robot System Co's Debt-to-Equity falls into.

Jiangsu Beiren Robot System Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Beiren Robot System 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
	=	(158.372	+	53.317)	/	939.486
	=	0.23

Jiangsu Beiren Robot System 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
	=	(100.099	+	131.23)	/	944.166
	=	0.25

Jiangsu Beiren Robot System Co (SHSE:688218) 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.

Jiangsu Beiren Robot System Co Debt-to-Equity Related Terms

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Jiangsu Beiren Robot System Co (SHSE:688218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Beiren Robot System Co Ltd (SHSE:688218) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Qingqiu Lane, Suzhou Industrial Park, Jiangsu Province, Shanghai, CHN

Website

https://www.br-robot.com

Jiangsu Beiren Robot System Co Ltd is a provider of industrial robot automation and intelligent system integration overall solution, that involves the development, design, production, assembly and sales of flexible automation and intelligent workstations and production lines. Its solutions include spot welding, arc welding, stud welding, riveting, handing, stamping, glueing, laser welding and cutting, and vision technology.

Executives

Li Ding Kun	Core technical personnel
Zhu Zhen You	Directors, senior managers, core technical personn
Lin Tao	Directors, senior managers, core technical personn
Tang Xue Yuan	senior management
Ma Hong Bo	Core technical personnel

Jiangsu Beiren Robot System Co (SHSE:688218) Headlines

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