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Shenzhen Bingchuan Network Co (SZSE:300533) Debt-to-Equity : 0.06 (As of Mar. 2024)


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What is Shenzhen Bingchuan Network Co Debt-to-Equity?

Shenzhen Bingchuan Network Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥17 Mil. Shenzhen Bingchuan Network Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥55 Mil. Shenzhen Bingchuan Network Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,189 Mil. Shenzhen Bingchuan Network Co's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 Shenzhen Bingchuan Network Co's Debt-to-Equity or its related term are showing as below:

SZSE:300533' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.06
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen Bingchuan Network Co was 0.06. The lowest was 0.01. And the median was 0.02.

SZSE:300533's Debt-to-Equity is ranked better than
71.19% of 427 companies
in the Interactive Media industry
Industry Median: 0.15 vs SZSE:300533: 0.06

Shenzhen Bingchuan Network Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Bingchuan Network 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.

Shenzhen Bingchuan Network Co Debt-to-Equity Chart

Shenzhen Bingchuan Network 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 - 0.01 0.01 0.02 0.05

Shenzhen Bingchuan Network 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 0.03 0.03 0.05 0.05 0.06

Competitive Comparison of Shenzhen Bingchuan Network Co's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Shenzhen Bingchuan Network 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.


Shenzhen Bingchuan Network Co's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shenzhen Bingchuan Network Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Bingchuan Network Co's Debt-to-Equity falls into.



Shenzhen Bingchuan Network Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Shenzhen Bingchuan Network 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.


Shenzhen Bingchuan Network Co  (SZSE:300533) 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.


Shenzhen Bingchuan Network Co Debt-to-Equity Related Terms

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Shenzhen Bingchuan Network Co (SZSE:300533) Business Description

Traded in Other Exchanges
N/A
Address
Shenzhen Science and Technology, Road No. 1, 601, 602 rooms, Software Park (2) 9, Nanshan District, Shenzhen, CHN, 518057
Shenzhen Bingchuan Network Co Ltd engages in the development and operation of integrated network online games. Its business activities include the development and sale of computer software and hardware; and provision of computer programming services. The company's products mainly are a personal computer (PC) online games, mobile games.

Shenzhen Bingchuan Network Co (SZSE:300533) Headlines

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