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Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Equity-to-Asset : 0.57 (As of Mar. 2024)


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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 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 Total Assets for the quarter that ended in Mar. 2024 was ¥5,713 Mil. Therefore, Wuxi Commercial Mansion Grand Orient Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.57.

The historical rank and industry rank for Wuxi Commercial Mansion Grand Orient Co's Equity-to-Asset or its related term are showing as below:

SHSE:600327' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.54   Max: 0.6
Current: 0.57

During the past 13 years, the highest Equity to Asset Ratio of Wuxi Commercial Mansion Grand Orient Co was 0.60. The lowest was 0.31. And the median was 0.54.

SHSE:600327's Equity-to-Asset is ranked better than
69.53% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs SHSE:600327: 0.57

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

The historical data trend for Wuxi Commercial Mansion Grand Orient Co's Equity-to-Asset 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 Equity-to-Asset Chart

Wuxi Commercial Mansion Grand Orient Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.47 0.44 0.58 0.56

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
Equity-to-Asset 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 0.58 0.57 0.55 0.56 0.57

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

For the Department Stores subindustry, Wuxi Commercial Mansion Grand Orient Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Retail - Cyclical Industry

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

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



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

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3244.356/5840.942
=0.56

Wuxi Commercial Mansion Grand Orient Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=3261.094/5713.352
=0.57

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Wuxi Commercial Mansion Grand Orient Co Equity-to-Asset 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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