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Beijing Shengtong Printing Co (SZSE:002599) Debt-to-Equity : 0.13 (As of Mar. 2024)


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What is Beijing Shengtong Printing Co Debt-to-Equity?

Beijing Shengtong Printing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥130 Mil. Beijing Shengtong Printing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥54 Mil. Beijing Shengtong Printing Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,445 Mil. Beijing Shengtong Printing Co's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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 Beijing Shengtong Printing Co's Debt-to-Equity or its related term are showing as below:

SZSE:002599' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.13   Max: 0.28
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing Shengtong Printing Co was 0.28. The lowest was 0.04. And the median was 0.13.

SZSE:002599's Debt-to-Equity is ranked better than
74.16% of 925 companies
in the Business Services industry
Industry Median: 0.37 vs SZSE:002599: 0.13

Beijing Shengtong Printing Co Debt-to-Equity Historical Data

The historical data trend for Beijing Shengtong Printing 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.

Beijing Shengtong Printing Co Debt-to-Equity Chart

Beijing Shengtong Printing 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 0.05 0.11 0.23 0.15 0.12

Beijing Shengtong Printing 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 0.12 0.12 0.11 0.12 0.13

Competitive Comparison of Beijing Shengtong Printing Co's Debt-to-Equity

For the Specialty Business Services subindustry, Beijing Shengtong Printing 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.


Beijing Shengtong Printing Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Beijing Shengtong Printing Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing Shengtong Printing Co's Debt-to-Equity falls into.



Beijing Shengtong Printing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Shengtong Printing Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Beijing Shengtong Printing 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.


Beijing Shengtong Printing Co  (SZSE:002599) 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.


Beijing Shengtong Printing Co Debt-to-Equity Related Terms

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Beijing Shengtong Printing Co (SZSE:002599) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Jinghai 3rd Road, Beijing Economic and Technological Development Zone, Beijing, CHN, 100176
Beijing Shengtong Printing Co Ltd is a Chinese company that provides full-color magazines, high-volume business propaganda materials, color printing and comprehensive printing services.
Executives
Li Yan Qiu Directors, executives
Tang Wu Director
Cai Jian Jun Director
Tang Zheng Jun Directors, executives
Hou Jing Gang Directors, executives
Jia Chun Lin Director
Li Qing Qi Director
Xiao Wei Secretary Dong
Jia Xi Executives
Liang Ling Ling Director
Yin Qing Yun Supervisors

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