Jangho Group Co (SHSE:601886) Debt-to-Equity : 0.39 (As of Mar. 2024)

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What is Jangho Group Co Debt-to-Equity?

Jangho Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,695 Mil. Jangho Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,137 Mil. Jangho Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥7,253 Mil. Jangho Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.39.

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 Jangho Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:601886' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.5 Max: 0.79
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Jangho Group Co was 0.79. The lowest was 0.31. And the median was 0.50.

SHSE:601886's Debt-to-Equity is ranked better than
53.26% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs SHSE:601886: 0.39

Jangho Group Co Debt-to-Equity Historical Data

The historical data trend for Jangho Group 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.

Jangho Group Co Debt-to-Equity Chart

Jangho Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.54

0.34

0.42

0.40

Jangho Group 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															0.44	0.51	0.45	0.40	0.39

Competitive Comparison of Jangho Group Co's Debt-to-Equity

For the Engineering & Construction subindustry, Jangho Group 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.

Jangho Group Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jangho Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jangho Group Co's Debt-to-Equity falls into.

Jangho Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jangho Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1835.359	+	953.696)	/	7069.37
	=	0.39

Jangho Group Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1695.33	+	1136.873)	/	7252.953
	=	0.39

Jangho Group Co (SHSE:601886) 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.

Jangho Group Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Jangho Group Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Jangho Group Co (SHSE:601886) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jangho Group Co Ltd (SHSE:601886) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No.5 Niuhui North Fifth Street, Shunyi District, Beijing, CHN

Website

http://www.jangho.com

Jangho Group Co Ltd is a China based company operating in the field of green architectural decoration and health care. In the Architectural decoration, the company focuses on curtain wall and interior decoration (including design), and others. In the Health care field, the company focuses on ophthalmology, third-party testing, and community hospitals. It has a business presence in China and other international countries. The organization's brands are Jangho curtain wall, Sundart, Gangyuan decoration, Gangyuan Curtain wall, SLD, Vision and Zeming Eye hospital.

Executives

Liu Zai Wang	Director
Xu Xing Li	senior management
Wang Qi Feng	Director
Jia De Hu	senior management
Liu Zhong Yue	senior management
Xiong Bao	senior management
Zhou Han Ping	senior management
Yu Jun	senior management
Dai Jun	senior management
Shi Ying	Supervisors
Hu Peng Fei	senior management
Chang Xi Zhe	senior management
Huang Yong Jun	Supervisors
Zhang Sheng	senior management

Jangho Group Co (SHSE:601886) Headlines

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