What is the debt of Zhejiang Taihua New Material Group Co this year?
Zhejiang Taihua New Material Group Co has a debt level of 4,066.27 CNY this year.
In 2024, Zhejiang Taihua New Material Group Co's total debt was 4,066.27 CNY, a 86.75% change from the 2,177.37 CNY total debt recorded in the previous year.
Zhejiang Taihua New Material Group Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Analyzing Zhejiang Taihua New Material Group Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Investors pay close attention to Zhejiang Taihua New Material Group Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Shifts in Zhejiang Taihua New Material Group Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Zhejiang Taihua New Material Group Co has a debt level of 4,066.27 CNY this year.
The debt of Zhejiang Taihua New Material Group Co has increased by 86.75% compared to the previous year increased.
High debt can pose a risk for investors of Zhejiang Taihua New Material Group Co, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Zhejiang Taihua New Material Group Co has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Zhejiang Taihua New Material Group Co can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Zhejiang Taihua New Material Group Co can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Zhejiang Taihua New Material Group Co include investments, acquisitions, operating costs, and revenue development.
The debts of Zhejiang Taihua New Material Group Co are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
To change the debt, Zhejiang Taihua New Material Group Co can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
Over the past 12 months, Zhejiang Taihua New Material Group Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 0.86 %. For the coming 12 months, Zhejiang Taihua New Material Group Co is expected to pay a dividend of 0.1 CNY.
The current dividend yield of Zhejiang Taihua New Material Group Co is 0.86 %.
Zhejiang Taihua New Material Group Co pays a quarterly dividend. This is distributed in the months of June, August, August, July.
Zhejiang Taihua New Material Group Co paid dividends every year for the past 9 years.
For the upcoming 12 months, dividends amounting to 0.1 CNY are expected. This corresponds to a dividend yield of 0.89 %.
Zhejiang Taihua New Material Group Co is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Zhejiang Taihua New Material Group Co from 6/6/2024 amounting to 0.16 CNY, you needed to have the stock in your portfolio before the ex-date on 6/6/2024.
The last dividend was paid out on 6/6/2024.
In the year 2023, Zhejiang Taihua New Material Group Co distributed 0.17 CNY as dividends.
The dividends of Zhejiang Taihua New Material Group Co are distributed in CNY.
Our stock analysis for Zhejiang Taihua New Material Group Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Zhejiang Taihua New Material Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.