600970.SS600970.SS
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Debt to Equity Over Time
Trending lower, below historical average, slight contraction.
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Debt-to-equity ratio
Latest
0.19
↓ 45% below average
Average (9y)
0.35
Historical baseline
Range
High:0.50
Low:0.19
CAGR
-7.6%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.19 | -28.6% |
| 2023 | 0.27 | -36.7% |
| 2022 | 0.42 | +42.3% |
| 2021 | 0.30 | -9.4% |
| 2020 | 0.33 | -16.2% |
| 2019 | 0.39 | -21.9% |
| 2018 | 0.50 | +7.6% |
| 2017 | 0.47 | +94.5% |
| 2016 | 0.24 | -38.3% |
| 2015 | 0.39 | - |