Gch Technology Co (SHSE:688625) Debt-to-Equity : 0.85 (As of Mar. 2024)

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What is Gch Technology Co Debt-to-Equity?

Gch Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,079.7 Mil. Gch Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Gch Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,264.2 Mil. Gch Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.85.

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

SHSE:688625' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.53 Max: 1.19
Current: 0.85

During the past 7 years, the highest Debt-to-Equity Ratio of Gch Technology Co was 1.19. The lowest was 0.01. And the median was 0.53.

SHSE:688625's Debt-to-Equity is ranked worse than
79.8% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs SHSE:688625: 0.85

Gch Technology Co Debt-to-Equity Historical Data

The historical data trend for Gch 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.

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Gch Technology Co Debt-to-Equity Chart

Gch Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.02

0.83

1.19

Gch Technology Co Quarterly Data
	Dec18	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															1.01	0.87	1.08	1.19	0.85

Competitive Comparison of Gch Technology Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Gch 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.

Gch Technology Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gch Technology Co's Debt-to-Equity distribution charts can be found below:

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

Gch Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gch 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
	=	(1512.742	+	0.06)	/	1276.989
	=	1.18

Gch 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
	=	(1079.696	+	0)	/	1264.222
	=	0.85

Gch Technology Co (SHSE:688625) 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.

Gch Technology Co Debt-to-Equity Related Terms

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Gch Technology Co (SHSE:688625) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gch Technology Co Ltd (SHSE:688625) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Keqiang Road, No. 1633, Beitai Road, Guangzhou Private Science and Technology Park, Baiyun District, Guangdong Province, Guangzhou, CHN, 510000

Website

http://www.gchchem.com

Gch Technology Co Ltd is a specialty chemicals company. It manufactures and markets technologically advanced and high value added products, including nucleator, synthetic hydrotalcite, non-dust one-pack, master batch, flame retardant synergist, anti-oxidant, light stabilizer and others.

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