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Hangzhou Century Co (SZSE:300078) Debt-to-Equity : 2.32 (As of Mar. 2024)


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What is Hangzhou Century Co Debt-to-Equity?

Hangzhou Century Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥541.7 Mil. Hangzhou Century Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥728.3 Mil. Hangzhou Century Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥547.0 Mil. Hangzhou Century Co's debt to equity for the quarter that ended in Mar. 2024 was 2.32.

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

SZSE:300078' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.41   Max: 2.9
Current: 2.32

During the past 13 years, the highest Debt-to-Equity Ratio of Hangzhou Century Co was 2.90. The lowest was 0.00. And the median was 0.41.

SZSE:300078's Debt-to-Equity is ranked worse than
88.95% of 923 companies
in the Business Services industry
Industry Median: 0.37 vs SZSE:300078: 2.32

Hangzhou Century Co Debt-to-Equity Historical Data

The historical data trend for Hangzhou Century 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.

Hangzhou Century Co Debt-to-Equity Chart

Hangzhou Century 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 0.31 0.44 0.97 1.43 2.90

Hangzhou Century 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 1.37 1.41 1.35 2.90 2.32

Competitive Comparison of Hangzhou Century Co's Debt-to-Equity

For the Security & Protection Services subindustry, Hangzhou Century 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.


Hangzhou Century Co's Debt-to-Equity Distribution in the Business Services Industry

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

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



Hangzhou Century Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Hangzhou Century 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.


Hangzhou Century Co  (SZSE:300078) 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.


Hangzhou Century Co Debt-to-Equity Related Terms

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Hangzhou Century Co (SZSE:300078) Business Description

Traded in Other Exchanges
N/A
Address
Shangcheng Economic, Scientific & Technological Park, 1418-48 Moganshan Road, Gongshu, Hangzhou, CHN
Hangzhou Century Co Ltd is engaged in providing electronic article surveillance (EAS) solutions and services. It also specializes in Radio Frequency Identification System (RFID) standardization, as well as the development and services of customized hardware products and industry application solutions. The company's EAS; Digital Display (ESL); Security Display; RFID and Source Tagging.
Executives
Wang Lin Executives
Lu Nan Director
Zhang Ji Directors, executives
Shou Jin Hua Supervisors
Wang Jun Supervisors
Zhang Li Zhong Directors, executives
Zhou Wei Li Executives
Shang Wei Executives
Yu Guo Hua Directors, executives
Lan Zong Zhu Director
Chen Wu Jun Directors, executives
Jiang Shi Ping Director
Wang Yong Supervisors

Hangzhou Century Co (SZSE:300078) Headlines

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