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Fujian Green Pine Co (SZSE:300132) Debt-to-Equity : 0.57 (As of Mar. 2024)


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What is Fujian Green Pine Co Debt-to-Equity?

Fujian Green Pine Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥250 Mil. Fujian Green Pine Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥473 Mil. Fujian Green Pine Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,264 Mil. Fujian Green Pine Co's debt to equity for the quarter that ended in Mar. 2024 was 0.57.

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 Fujian Green Pine Co's Debt-to-Equity or its related term are showing as below:

SZSE:300132' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.39   Max: 1.04
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of Fujian Green Pine Co was 1.04. The lowest was 0.03. And the median was 0.39.

SZSE:300132's Debt-to-Equity is ranked worse than
59.59% of 1643 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs SZSE:300132: 0.57

Fujian Green Pine Co Debt-to-Equity Historical Data

The historical data trend for Fujian Green Pine 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.

Fujian Green Pine Co Debt-to-Equity Chart

Fujian Green Pine 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 0.28 0.33 0.77 0.82 0.44

Fujian Green Pine 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 0.71 0.43 0.42 0.44 0.57

Competitive Comparison of Fujian Green Pine Co's Debt-to-Equity

For the Household & Personal Products subindustry, Fujian Green Pine 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.


Fujian Green Pine Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Fujian Green Pine Co's Debt-to-Equity falls into.



Fujian Green Pine Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Fujian Green Pine 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.


Fujian Green Pine Co  (SZSE:300132) 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.


Fujian Green Pine Co Debt-to-Equity Related Terms

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Fujian Green Pine Co (SZSE:300132) Business Description

Traded in Other Exchanges
N/A
Address
Huiyao Industrial Park, Jianyang, Fujian, CHN, 354200
Fujian Green Pine Co Ltd is engaged in production, research and development, and sales of aromatic chemicals, Chinese herbal medicines, pharmaceutical excipients, pharmaceutical intermediates, and functional chemicals.
Executives
Ke Jing Director
Ke Shi Jing Directors, executives
Yang Yi Ming Director
Yang Wei Bin Securities Affairs Representative
Ke Wei Long Director
Tong Jie Executives
Wang De Gui Supervisors
Ke Wei Xin Director
Deng Xin Gui Executives
Chen Shang He Director
Su Fu Xing Executives
Deng Jian Ming Directors, executives
Fu Geng Sheng Executives

Fujian Green Pine Co (SZSE:300132) Headlines

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