Shanghai Golden Union Commercial Management Co (SHSE:603682) Debt-to-Equity : 3.23 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Shanghai Golden Union Commercial Management Co Debt-to-Equity?

Shanghai Golden Union Commercial Management Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥303 Mil. Shanghai Golden Union Commercial Management Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,354 Mil. Shanghai Golden Union Commercial Management Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,133 Mil. Shanghai Golden Union Commercial Management Co's debt to equity for the quarter that ended in Mar. 2024 was 3.23.

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 Shanghai Golden Union Commercial Management Co's Debt-to-Equity or its related term are showing as below:

SHSE:603682' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 2.38 Max: 3.59
Current: 3.23

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Golden Union Commercial Management Co was 3.59. The lowest was 0.05. And the median was 2.38.

SHSE:603682's Debt-to-Equity is ranked worse than
91.84% of 1580 companies
in the Real Estate industry
Industry Median: 0.75 vs SHSE:603682: 3.23

Shanghai Golden Union Commercial Management Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Golden Union Commercial Management 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.

Shanghai Golden Union Commercial Management Co Debt-to-Equity Chart

Shanghai Golden Union Commercial Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

2.38

3.07

3.05

3.34

Shanghai Golden Union Commercial Management 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															3.27	2.93	3.10	3.34	3.23

Competitive Comparison of Shanghai Golden Union Commercial Management Co's Debt-to-Equity

For the Real Estate Services subindustry, Shanghai Golden Union Commercial Management 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.

Shanghai Golden Union Commercial Management Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Golden Union Commercial Management Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Golden Union Commercial Management Co's Debt-to-Equity falls into.

Shanghai Golden Union Commercial Management Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Golden Union Commercial Management 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
	=	(308.873	+	3435.016)	/	1119.843
	=	3.34

Shanghai Golden Union Commercial Management 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
	=	(303.264	+	3354.466)	/	1133.266
	=	3.23

Shanghai Golden Union Commercial Management Co (SHSE:603682) 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.

Shanghai Golden Union Commercial Management Co Debt-to-Equity Related Terms

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

Shanghai Golden Union Commercial Management Co (SHSE:603682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Golden Union Commercial Management Co Ltd (SHSE:603682) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 140, Tianlin Road, Building 14, Xuhui District, Shanghai, CHN, 200233

Website

http://www.iyuejie.com

Shanghai Golden Union Commercial Management Co Ltd is engaged in positioning design, transformation and operation management of industrial parks and creative industrial parks. The company specializes in the field of urban renewal and provides a one-stop service for the entire value chain of existing commercial properties in cities. Its services improve the value of properties through remarketing, design and transformation of old properties, investment management, and improve the appearance of the city while tapping the historical context of architecture to promote the incubation of cultural and creative industries.

Executives

Zong Liang Ping

senior management

Shanghai Golden Union Commercial Management Co (SHSE:603682) Headlines

No Headlines