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Shenyang Commercial City Co (SHSE:600306) Debt-to-Equity : 0.06 (As of Mar. 2024)


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What is Shenyang Commercial City Co Debt-to-Equity?

Shenyang Commercial City Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.7 Mil. Shenyang Commercial City Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4.9 Mil. Shenyang Commercial City Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥88.2 Mil. Shenyang Commercial City Co's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 Shenyang Commercial City Co's Debt-to-Equity or its related term are showing as below:

SHSE:600306' s Debt-to-Equity Range Over the Past 10 Years
Min: -66.63   Med: -2.01   Max: 438.2
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Shenyang Commercial City Co was 438.20. The lowest was -66.63. And the median was -2.01.

SHSE:600306's Debt-to-Equity is ranked better than
91.5% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SHSE:600306: 0.06

Shenyang Commercial City Co Debt-to-Equity Historical Data

The historical data trend for Shenyang Commercial City 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.

Shenyang Commercial City Co Debt-to-Equity Chart

Shenyang Commercial City 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 -11.41 -5.05 20.06 -4.65 0.07

Shenyang Commercial City 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 -4.18 -3.74 -0.28 0.07 0.06

Competitive Comparison of Shenyang Commercial City Co's Debt-to-Equity

For the Department Stores subindustry, Shenyang Commercial City 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.


Shenyang Commercial City Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Shenyang Commercial City Co's Debt-to-Equity falls into.



Shenyang Commercial City Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Shenyang Commercial City 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.


Shenyang Commercial City Co  (SHSE:600306) 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.


Shenyang Commercial City Co Debt-to-Equity Related Terms

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Shenyang Commercial City Co (SHSE:600306) Business Description

Traded in Other Exchanges
N/A
Address
No. 212 Zhongjie Road, Shenhe District, Shenyang, Liaoning, CHN, 110011
Shenyang Commercial City Co., Ltd. is a Chinese company engaged in commercial trade, housing, rental spaces, labor services, warehousing, transportation services, advertising, pre-packaged foods, bulk foods, alcohol, cigarettes, and cigars.
Executives
Wang Jing Lian Supervisors

Shenyang Commercial City Co (SHSE:600306) Headlines

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