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Hanwei Electronics Group (SZSE:300007) Debt-to-Equity : 0.36 (As of Mar. 2024)


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What is Hanwei Electronics Group Debt-to-Equity?

Hanwei Electronics Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥631 Mil. Hanwei Electronics Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥382 Mil. Hanwei Electronics Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,846 Mil. Hanwei Electronics Group's debt to equity for the quarter that ended in Mar. 2024 was 0.36.

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 Hanwei Electronics Group's Debt-to-Equity or its related term are showing as below:

SZSE:300007' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.62   Max: 1.04
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Hanwei Electronics Group was 1.04. The lowest was 0.12. And the median was 0.62.

SZSE:300007's Debt-to-Equity is ranked worse than
55.91% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:300007: 0.36

Hanwei Electronics Group Debt-to-Equity Historical Data

The historical data trend for Hanwei Electronics Group'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.

Hanwei Electronics Group Debt-to-Equity Chart

Hanwei Electronics Group 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 0.76 0.66 0.29 0.30 0.33

Hanwei Electronics Group 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 0.28 0.31 0.26 0.33 0.36

Competitive Comparison of Hanwei Electronics Group's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Hanwei Electronics Group'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.


Hanwei Electronics Group's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hanwei Electronics Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hanwei Electronics Group's Debt-to-Equity falls into.



Hanwei Electronics Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hanwei Electronics Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hanwei Electronics Group'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.


Hanwei Electronics Group  (SZSE:300007) 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.


Hanwei Electronics Group Debt-to-Equity Related Terms

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Hanwei Electronics Group (SZSE:300007) Business Description

Traded in Other Exchanges
N/A
Address
No. 169 Xuesong Road, National High-Tech zone, Zhengzhou, CHN, 450001
Hanwei Electronics Group Corporation is engaged in the manufacturing of gas sensors and instruments in China. The product offered by the company includes Gas Alarm, Portable Gas Detector, Fixed Gas Detector, Alcohol Tester, Smoke alarm and others. The products are widely used in petroleum, chemical, metallurgy, environmental protection, mining, electronics, food, medical health, agriculture, gas, municipal engineering, home security and health, public areas, traffic safety management, sewage treatment, biological sciences, aerospace, military, anti-terrorism and other fields. Geographically the activities are carried out through China.
Executives
Yang Chang Zai Director
Zhou Zhen Supervisors
Li Zhi Gang Directors, executives
Ren Hong Jun Director
Shang Zhong Feng Directors, executives
Liu Rui Ling Directors, executives
Zhang Yan Li Supervisors
Zhang Xiao Jun Directors, executives
Li Hang Securities Affairs Representative
Shang Jian Hong Executives
Zhang Xiao Shui Directors, executives
Xiao Feng Directors, executives, securities affairs represen
Jiao Gui Dong Directors, executives
Zhong Chao Director
Jiang Hui Chang Director

Hanwei Electronics Group (SZSE:300007) Headlines

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