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Black Peony (Group) Co (SHSE:600510) Debt-to-Equity : 1.05 (As of Jun. 2024)


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What is Black Peony (Group) Co Debt-to-Equity?

Black Peony (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥3,023 Mil. Black Peony (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥7,562 Mil. Black Peony (Group) Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥10,048 Mil. Black Peony (Group) Co's debt to equity for the quarter that ended in Jun. 2024 was 1.05.

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 Black Peony (Group) Co's Debt-to-Equity or its related term are showing as below:

SHSE:600510' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77   Med: 0.99   Max: 1.6
Current: 1.05

During the past 13 years, the highest Debt-to-Equity Ratio of Black Peony (Group) Co was 1.60. The lowest was 0.77. And the median was 0.99.

SHSE:600510's Debt-to-Equity is ranked worse than
76.71% of 936 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.425 vs SHSE:600510: 1.05

Black Peony (Group) Co Debt-to-Equity Historical Data

The historical data trend for Black Peony (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.

Black Peony (Group) Co Debt-to-Equity Chart

Black Peony (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 0.84 0.85 0.93 1.06 1.04

Black Peony (Group) Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.04 1.10 1.04 0.99 1.05

Competitive Comparison of Black Peony (Group) Co's Debt-to-Equity

For the Textile Manufacturing subindustry, Black Peony (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.


Black Peony (Group) Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Black Peony (Group) Co's Debt-to-Equity falls into.



Black Peony (Group) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Black Peony (Group) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Black Peony (Group) Co's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Black Peony (Group) Co  (SHSE:600510) 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.


Black Peony (Group) Co Debt-to-Equity Related Terms

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Black Peony (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 47 Qing Yang Bei Lu, Tianning Qu, Jiangsu Sheng, Changshu, CHN, 213017
Black Peony (Group) Co Ltd is a China-based company engaged in the manufacture and sale of jeans, clothes, and yarn-dyed-fabrics. The company products include denim fabric and denim garments.
Executives
Chen Qiang senior management
Zhao Wen Jun senior management
Ge Wei Long Directors, senior managers
Ge Ya Fang Director
Yun Ling Li senior management
Deng Jian Jun Director
He Xiao Qing senior management
Hui Ru senior management
Shi Rong Fei senior management
Gao Guo Wei senior management
Mei Ji Qing Supervisors
Zhou Ming senior management
Dai Bo Chun Director
Zhou Shun Sheng senior management
Yuan Guo Min Supervisors

Black Peony (Group) Co Headlines

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