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Guangzhou Grandbuy Co (SZSE:002187) Equity-to-Asset : 0.43 (As of Mar. 2024)


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What is Guangzhou Grandbuy Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Guangzhou Grandbuy Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,050 Mil. Guangzhou Grandbuy Co's Total Assets for the quarter that ended in Mar. 2024 was ¥9,454 Mil. Therefore, Guangzhou Grandbuy Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.43.

The historical rank and industry rank for Guangzhou Grandbuy Co's Equity-to-Asset or its related term are showing as below:

SZSE:002187' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.57   Max: 0.68
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Guangzhou Grandbuy Co was 0.68. The lowest was 0.38. And the median was 0.57.

SZSE:002187's Equity-to-Asset is ranked worse than
50.67% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs SZSE:002187: 0.43

Guangzhou Grandbuy Co Equity-to-Asset Historical Data

The historical data trend for Guangzhou Grandbuy 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.

Guangzhou Grandbuy Co Equity-to-Asset Chart

Guangzhou Grandbuy 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 0.65 0.57 0.38 0.43 0.41

Guangzhou Grandbuy 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 0.43 0.43 0.44 0.41 0.43

Competitive Comparison of Guangzhou Grandbuy Co's Equity-to-Asset

For the Department Stores subindustry, Guangzhou Grandbuy 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.


Guangzhou Grandbuy Co's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Guangzhou Grandbuy Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Guangzhou Grandbuy Co's Equity-to-Asset falls into.



Guangzhou Grandbuy 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.

Guangzhou Grandbuy 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
=4022.754/9832.493
=0.41

Guangzhou Grandbuy 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
=4050.494/9453.963
=0.43

* 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.


Guangzhou Grandbuy Co  (SZSE:002187) 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%.


Guangzhou Grandbuy Co Equity-to-Asset Related Terms

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Guangzhou Grandbuy Co (SZSE:002187) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Xihu Road, 11F, Guangzhou, Guangdong, CHN, 510030
Guangzhou Grandbuy Co Ltd operates department stores in China. The company has more than 30 stores, ranging from single department stores to department stores, shopping malls, supermarkets, electrical appliances, online shopping and other diversified developments.
Executives
Xian Jia Xiong Director

Guangzhou Grandbuy Co (SZSE:002187) Headlines

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