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Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Degree of Financial Leverage : 0.00 (As of Mar. 2022)


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What is Cang Bao Tian Xia International Art Trade Center Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Cang Bao Tian Xia International Art Trade Center's Degree of Financial Leverage for the quarter that ended in Mar. 2022 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Cang Bao Tian Xia International Art Trade Center's Degree of Financial Leverage or its related term are showing as below:

TXCB's Degree of Financial Leverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.05
* Ranked among companies with meaningful Degree of Financial Leverage only.

Cang Bao Tian Xia International Art Trade Center Degree of Financial Leverage Historical Data

The historical data trend for Cang Bao Tian Xia International Art Trade Center's Degree of Financial Leverage 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.

Cang Bao Tian Xia International Art Trade Center Degree of Financial Leverage Chart

Cang Bao Tian Xia International Art Trade Center Annual Data
Trend Dec05 Dec06 Jun07 Jun08 Jun09 Jun10 Jun18 Jun19 Jun20 Jun21
Degree of Financial Leverage
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Cang Bao Tian Xia International Art Trade Center Quarterly Data
Mar11 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Cang Bao Tian Xia International Art Trade Center's Degree of Financial Leverage

For the Specialty Retail subindustry, Cang Bao Tian Xia International Art Trade Center's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage 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.


Cang Bao Tian Xia International Art Trade Center's Degree of Financial Leverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cang Bao Tian Xia International Art Trade Center's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Cang Bao Tian Xia International Art Trade Center's Degree of Financial Leverage falls into.



Cang Bao Tian Xia International Art Trade Center Degree of Financial Leverage Calculation

Cang Bao Tian Xia International Art Trade Center's Degree of Financial Leverage for the quarter that ended in Mar. 2022 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.11 (Mar. 2022) / -0.085 (Mar. 2021) - 1 )/( -12.648 (Mar. 2022) / -6.405 (Mar. 2021) - 1 )
=0.2941/0.9747
=0.30***

* 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.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Cang Bao Tian Xia International Art Trade Center  (OTCPK:TXCB) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


Cang Bao Tian Xia International Art Trade Center Degree of Financial Leverage Related Terms

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Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Guoxing Avenue, Unit 609, Shengda Plaza, Meilan District, Hainan Province, Haikou, CHN, 570203
Cang Bao Tian Xia International Art Trade Center Inc is engaged in the manufacturing and distribution of gears, gearbox sand drive axles. These are marketed and sold to equipment manufacturers in China. Its products are used for making industrial, agricultural, and construction machinery, such as forklift trucks, excavators, tractors, and diesel engines.
Executives
Wei Wang 10 percent owner NO. 14, LANE 1, DONGXIAO CITY, CHONGWEN DISTRICT, BEIJING F4 0000000
Liang Tan director NO. 88 LANE 7171 SHENGIANG RD., PUDONG NEW DISTRICT, SHANGHAI F4 00000
Yaqin Fu 10 percent owner NO. 88 LANE 7171 SHENGIANG RD., PUDONG NEW DISTRICT, SHANGHAI F4 00000
Xingtao Zhou director, 10 percent owner, officer: CEO and CFO 5-1-1206 HEFENG JIANGAN, NIANQUING ROAD MEILAN DISTRICT, HAIKOU, HAINAN PROVINCE F4 00000
Ruihua International Ltd 10 percent owner PO BOX 83, DES PLAINES IL 60016
Jayhawk Capital Management Llc other: 13(d) group owning > 10% 13021 W 74TH ST, SHAWNEE KS 66216
Jayhawk Private Equity Gp, L.p. other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Co Invest Fund Lp other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Fund L P other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Kent C Mccarthy 10 percent owner, other: 13(d) group owning > 10% 930 TAHOE BLVD., 802-281, INCLINE VILLAGE NV 89451
Pinnacle China Fund, L.p. 10 percent owner 4965 PRESTON PARK BLVD., SUITE 240, PLANO TX 75093
Philip Widmann officer: Senior Vice President C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705
Jason Lu director, officer: Chief Executive Officer C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705
Ming He officer: Chief Financial Officer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Haining Liu director C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705

Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Headlines

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