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Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Debt-to-Equity : 0.37 (As of Mar. 2024)


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What is Wuxi Commercial Mansion Grand Orient Co Debt-to-Equity?

Wuxi Commercial Mansion Grand Orient Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥959 Mil. Wuxi Commercial Mansion Grand Orient Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥249 Mil. Wuxi Commercial Mansion Grand Orient Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,261 Mil. Wuxi Commercial Mansion Grand Orient Co's debt to equity for the quarter that ended in Mar. 2024 was 0.37.

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 Wuxi Commercial Mansion Grand Orient Co's Debt-to-Equity or its related term are showing as below:

SHSE:600327' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.29   Max: 0.56
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Wuxi Commercial Mansion Grand Orient Co was 0.56. The lowest was 0.08. And the median was 0.29.

SHSE:600327's Debt-to-Equity is ranked better than
64.7% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SHSE:600327: 0.37

Wuxi Commercial Mansion Grand Orient Co Debt-to-Equity Historical Data

The historical data trend for Wuxi Commercial Mansion Grand Orient 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.

Wuxi Commercial Mansion Grand Orient Co Debt-to-Equity Chart

Wuxi Commercial Mansion Grand Orient 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 0.21 0.41 0.38 0.30 0.37

Wuxi Commercial Mansion Grand Orient 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 0.31 0.33 0.38 0.37 0.37

Competitive Comparison of Wuxi Commercial Mansion Grand Orient Co's Debt-to-Equity

For the Department Stores subindustry, Wuxi Commercial Mansion Grand Orient 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.


Wuxi Commercial Mansion Grand Orient Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wuxi Commercial Mansion Grand Orient Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wuxi Commercial Mansion Grand Orient Co's Debt-to-Equity falls into.



Wuxi Commercial Mansion Grand Orient Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wuxi Commercial Mansion Grand Orient Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Wuxi Commercial Mansion Grand Orient 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.


Wuxi Commercial Mansion Grand Orient Co  (SHSE:600327) 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.


Wuxi Commercial Mansion Grand Orient Co Debt-to-Equity Related Terms

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Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Business Description

Traded in Other Exchanges
N/A
Address
No. 343 Zhongshan Road, Jiangsu Province, Wuxi, CHN, 214001
Wuxi Commercial Mansion Grand Orient Co Ltd operates retail department stores. The company is also involved in the automotive business and food manufacturing operations.
Executives
Xie Wei Dong Director
Gao Bing Hua Director
Zhang Sheng Ming senior management
Wang Jing Long senior management
Xi Guo Liang Director
Zhang Zhi Hua Director
Fang Min Jia Supervisors
Gao Jie Supervisors
Pan Xiao Yan Director
Xu Biao Director
Zhang Sheng Min Director

Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Headlines

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