Beijing Hanbang Technology (SZSE:300449) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is Beijing Hanbang Technology Debt-to-Equity?

Beijing Hanbang Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥15.8 Mil. Beijing Hanbang Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3.2 Mil. Beijing Hanbang Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥424.2 Mil. Beijing Hanbang Technology's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 Hanbang Technology's Debt-to-Equity or its related term are showing as below:

SZSE:300449' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.31 Med: 0.23 Max: 5.28
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing Hanbang Technology was 5.28. The lowest was -11.31. And the median was 0.23.

SZSE:300449's Debt-to-Equity is ranked better than
87.43% of 915 companies
in the Business Services industry
Industry Median: 0.38 vs SZSE:300449: 0.05

Beijing Hanbang Technology Debt-to-Equity Historical Data

The historical data trend for Beijing Hanbang Technology'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.

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Beijing Hanbang Technology Debt-to-Equity Chart

Beijing Hanbang Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.20

1.01

3.07

0.24

Beijing Hanbang Technology 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															3.30	5.28	-11.31	0.24	0.05

Competitive Comparison of Beijing Hanbang Technology's Debt-to-Equity

For the Security & Protection Services subindustry, Beijing Hanbang Technology'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 Hanbang Technology's Debt-to-Equity Distribution in the Business Services Industry

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

* The bar in red indicates where Beijing Hanbang Technology's Debt-to-Equity falls into.

Beijing Hanbang Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(97.883	+	3.957)	/	422.301
	=	0.24

Beijing Hanbang Technology's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(15.83	+	3.203)	/	424.156
	=	0.04

Beijing Hanbang Technology (SZSE:300449) 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 Hanbang Technology Debt-to-Equity Related Terms

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Beijing Hanbang Technology (SZSE:300449) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Beijing Hanbang Technology Corp (SZSE:300449) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 4, Changchunqiao Road, Room 1-12, South Side, 4th Floor, Podium, Haidian District, Beijing, CHN, 100089

Website

http://www.hbgk.net

Beijing Hanbang Technology Corp is engaged in digital video surveillance industry. The Company is focused on research and development of products and technology of digital video surveillance field. Its main products include back-end storage Equipments like embedded digital hard disk recorder, network hard disk recorder, analog high-definition video recorder; front-end acquisition equipments like surveillance cameras, HD-SDI camera, network camera, Video camera, network dome camera, analog camera, analog HD cama era and video surveillance system.

Executives

Zhang Hai Feng	Director
Wang Li Qun	Directors, executives
Geng Zhang Hua	Director
Zhu Hong Zhan	Director
Liu Yi	Directors, executives
Yang Ye	Supervisors
Cao Ai Ping	Supervisors
Li Jian	Directors, executives

Beijing Hanbang Technology (SZSE:300449) Headlines

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