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Zhuhai Rundu Pharmaceutical Co (SZSE:002923) Debt-to-Equity : 0.49 (As of Mar. 2024)


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What is Zhuhai Rundu Pharmaceutical Co Debt-to-Equity?

Zhuhai Rundu Pharmaceutical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥141 Mil. Zhuhai Rundu Pharmaceutical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥453 Mil. Zhuhai Rundu Pharmaceutical Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,208 Mil. Zhuhai Rundu Pharmaceutical Co's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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 Zhuhai Rundu Pharmaceutical Co's Debt-to-Equity or its related term are showing as below:

SZSE:002923' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.17   Max: 0.49
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Zhuhai Rundu Pharmaceutical Co was 0.49. The lowest was 0.03. And the median was 0.17.

SZSE:002923's Debt-to-Equity is ranked worse than
64.61% of 842 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs SZSE:002923: 0.49

Zhuhai Rundu Pharmaceutical Co Debt-to-Equity Historical Data

The historical data trend for Zhuhai Rundu Pharmaceutical 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.

Zhuhai Rundu Pharmaceutical Co Debt-to-Equity Chart

Zhuhai Rundu Pharmaceutical 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 0.03 0.07 0.26 0.39 0.49

Zhuhai Rundu Pharmaceutical 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 0.44 0.49 0.49 0.49 0.49

Competitive Comparison of Zhuhai Rundu Pharmaceutical Co's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Zhuhai Rundu Pharmaceutical 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.


Zhuhai Rundu Pharmaceutical Co's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhuhai Rundu Pharmaceutical Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhuhai Rundu Pharmaceutical Co's Debt-to-Equity falls into.



Zhuhai Rundu Pharmaceutical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhuhai Rundu Pharmaceutical Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Zhuhai Rundu Pharmaceutical 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.


Zhuhai Rundu Pharmaceutical Co  (SZSE:002923) 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.


Zhuhai Rundu Pharmaceutical Co Debt-to-Equity Related Terms

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Zhuhai Rundu Pharmaceutical Co (SZSE:002923) Business Description

Traded in Other Exchanges
N/A
Address
No 6, North Airport Road, Jinwan District, Guangdong, Zhuhai, CHN, 519041
Zhuhai Rundu Pharmaceutical Co Ltd is engaged in the production and sales of chemical drugs, chemical raw materials, and pharmaceutical intermediates. Its products offerings include APIs medicine, Pellets, intermediate and formulations.
Executives
Xiang Yang Director
Guo Jia Wei Supervisors

Zhuhai Rundu Pharmaceutical Co (SZSE:002923) Headlines

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