GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Anzheng Fashion Group Co Ltd (SHSE:603839) » Definitions » Debt-to-Equity

Anzheng Fashion Group Co (SHSE:603839) Debt-to-Equity : 0.12 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Anzheng Fashion Group Co Debt-to-Equity?

Anzheng Fashion Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥225 Mil. Anzheng Fashion Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥19 Mil. Anzheng Fashion Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,023 Mil. Anzheng Fashion Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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

SHSE:603839' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.38
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Anzheng Fashion Group Co was 0.38. The lowest was 0.01. And the median was 0.05.

SHSE:603839's Debt-to-Equity is ranked better than
79.72% of 937 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs SHSE:603839: 0.12

Anzheng Fashion Group Co Debt-to-Equity Historical Data

The historical data trend for Anzheng Fashion 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.

Anzheng Fashion Group Co Debt-to-Equity Chart

Anzheng Fashion Group 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 0.12 0.32 0.07 0.03 0.05

Anzheng Fashion 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 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 0.02 0.03 0.04 0.05 0.12

Competitive Comparison of Anzheng Fashion Group Co's Debt-to-Equity

For the Apparel Manufacturing subindustry, Anzheng Fashion 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.


Anzheng Fashion Group Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Anzheng Fashion Group Co's Debt-to-Equity distribution charts can be found below:

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



Anzheng Fashion Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Anzheng Fashion Group 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.


Anzheng Fashion Group Co  (SHSE:603839) 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.


Anzheng Fashion Group Co Debt-to-Equity Related Terms

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


Anzheng Fashion Group Co (SHSE:603839) Business Description

Traded in Other Exchanges
N/A
Address
No. 298 Guhui Road, Haining Economic Development Zone, Zhejiang Province, Haining, CHN, 314400
Anzheng Fashion Group Co Ltd is engaged in manufacturing of apparel and related products. The company offers men's and women's apparel products. The brand portfolio of the company includes JZ, IMM, Anzheng, Michelle Moissac, and Fiona Chen.
Executives
Tan Cai Nian senior management
Ge Guo Ping senior management
Zheng An Kun Director
Chen Ke Chuan Director
Zheng An Zheng Director
Zhao Ying senior management
Zheng Xiu Ping senior management

Anzheng Fashion Group Co (SHSE:603839) Headlines

No Headlines