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Beijing Jingyi Automation Equipment Co (SHSE:688652) Debt-to-Equity : 0.01 (As of Sep. 2024)


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What is Beijing Jingyi Automation Equipment Co Debt-to-Equity?

Beijing Jingyi Automation Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥9.9 Mil. Beijing Jingyi Automation Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥9.5 Mil. Beijing Jingyi Automation Equipment Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,051.2 Mil. Beijing Jingyi Automation Equipment Co's debt to equity for the quarter that ended in Sep. 2024 was 0.01.

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 Jingyi Automation Equipment Co's Debt-to-Equity or its related term are showing as below:

SHSE:688652' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.19   Max: 1.01
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Beijing Jingyi Automation Equipment Co was 1.01. The lowest was 0.01. And the median was 0.19.

SHSE:688652's Debt-to-Equity is ranked better than
99.89% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:688652: 0.01

Beijing Jingyi Automation Equipment Co Debt-to-Equity Historical Data

The historical data trend for Beijing Jingyi Automation Equipment 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.

Beijing Jingyi Automation Equipment Co Debt-to-Equity Chart

Beijing Jingyi Automation Equipment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
1.01 0.19 0.19 0.25 0.01

Beijing Jingyi Automation Equipment Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.18 0.01 0.01 0.01 0.01

Competitive Comparison of Beijing Jingyi Automation Equipment Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Beijing Jingyi Automation Equipment 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.


Beijing Jingyi Automation Equipment Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Beijing Jingyi Automation Equipment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing Jingyi Automation Equipment Co's Debt-to-Equity falls into.



Beijing Jingyi Automation Equipment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Jingyi Automation Equipment Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Beijing Jingyi Automation Equipment Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Beijing Jingyi Automation Equipment Co  (SHSE:688652) 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 Jingyi Automation Equipment Co Debt-to-Equity Related Terms

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Beijing Jingyi Automation Equipment Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Liangshuihe 2nd Street, Block A, Building 14, No. 8, Beijing Economic and Technological Development Zon, Beijing, CHN, 100176
Beijing Jingyi Automation Equipment Co Ltd is engaged in research & development, production and sales of semiconductor special equipment.

Beijing Jingyi Automation Equipment Co Headlines

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