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Shouhang High-Tech Energy Co (SZSE:002665) Debt-to-Revenue : 0.36 (As of Mar. 2024)


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What is Shouhang High-Tech Energy Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Shouhang High-Tech Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥435 Mil. Shouhang High-Tech Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥111 Mil. Shouhang High-Tech Energy Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥1,531 Mil. Shouhang High-Tech Energy Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.


Shouhang High-Tech Energy Co Debt-to-Revenue Historical Data

The historical data trend for Shouhang High-Tech Energy Co's Debt-to-Revenue 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.

Shouhang High-Tech Energy Co Debt-to-Revenue Chart

Shouhang High-Tech Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 3.78 2.19 2.47 0.59

Shouhang High-Tech Energy 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-Revenue 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 1.77 0.91 0.40 0.52 0.36

Competitive Comparison of Shouhang High-Tech Energy Co's Debt-to-Revenue

For the Specialty Industrial Machinery subindustry, Shouhang High-Tech Energy Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Shouhang High-Tech Energy Co's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shouhang High-Tech Energy Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shouhang High-Tech Energy Co's Debt-to-Revenue falls into.



Shouhang High-Tech Energy Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Shouhang High-Tech Energy Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(422.355 + 102.548) / 894.182
=0.59

Shouhang High-Tech Energy Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(435.043 + 111.06) / 1530.768
=0.36

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Shouhang High-Tech Energy Co Debt-to-Revenue Related Terms

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Shouhang High-Tech Energy Co (SZSE:002665) Business Description

Traded in Other Exchanges
N/A
Address
188 South, 4th Ring West Road, Building 20, Block 3, Daxing, CHN, 102602
Shouhang High-Tech Energy Co Ltd is a China-based company engaged in developing, designing, manufacturing and selling air-cooling systems. Its activities involve the development of CSP power generating, power plant air cooling system, waste heat power generating, desalination system, industrial wastewater zero emission system, EPC and project investment.
Executives
Huang Qing Le Directors, executives
Huang Wen Jia Director
Liu Qiang Supervisors
Wang Jian Executives
Wu Jing He Supervisors

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