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Jiangxi Sunshine Dairy Co (SZSE:001318) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Jiangxi Sunshine Dairy Co Debt-to-Equity?

Jiangxi Sunshine Dairy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.8 Mil. Jiangxi Sunshine Dairy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.7 Mil. Jiangxi Sunshine Dairy Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,356.2 Mil. Jiangxi Sunshine Dairy Co'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 Jiangxi Sunshine Dairy Co's Debt-to-Equity or its related term are showing as below:

During the past 6 years, the highest Debt-to-Equity Ratio of Jiangxi Sunshine Dairy Co was 0.21. The lowest was 0.00. And the median was 0.08.

SZSE:001318's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Jiangxi Sunshine Dairy Co Debt-to-Equity Historical Data

The historical data trend for Jiangxi Sunshine Dairy 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.

Jiangxi Sunshine Dairy Co Debt-to-Equity Chart

Jiangxi Sunshine Dairy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.19 0.18 0.18 - -

Jiangxi Sunshine Dairy Co Quarterly Data
Dec18 Dec19 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 - - - - -

Competitive Comparison of Jiangxi Sunshine Dairy Co's Debt-to-Equity

For the Farm Products subindustry, Jiangxi Sunshine Dairy 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.


Jiangxi Sunshine Dairy Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangxi Sunshine Dairy Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangxi Sunshine Dairy Co's Debt-to-Equity falls into.



Jiangxi Sunshine Dairy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangxi Sunshine Dairy Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangxi Sunshine Dairy 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.


Jiangxi Sunshine Dairy Co  (SZSE:001318) 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.


Jiangxi Sunshine Dairy Co Debt-to-Equity Related Terms

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Jiangxi Sunshine Dairy Co (SZSE:001318) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Daishan East Road, Qingyunpu District, Jiangxi Province, Nanchang, CHN, 330043
Jiangxi Sunshine Dairy Co Ltd is engaged in research and development, production and sales of dairy products and milk beverages.
Executives
Chen Rong Independent director

Jiangxi Sunshine Dairy Co (SZSE:001318) Headlines

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