Winnovation Culturaltainment Development (SZSE:000620) Debt-to-Equity : 0.42 (As of Mar. 2025)

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What is Winnovation Culturaltainment Development Debt-to-Equity?

Winnovation Culturaltainment Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥846 Mil. Winnovation Culturaltainment Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1,165 Mil. Winnovation Culturaltainment Development's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥4,841 Mil. Winnovation Culturaltainment Development's debt to equity for the quarter that ended in Mar. 2025 was 0.42.

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 Winnovation Culturaltainment Development's Debt-to-Equity or its related term are showing as below:

SZSE:000620' s Debt-to-Equity Range Over the Past 10 Years
Min: -25.4 Med: 3.46 Max: 16.2
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Winnovation Culturaltainment Development was 16.20. The lowest was -25.40. And the median was 3.46.

SZSE:000620's Debt-to-Equity is ranked better than
58.68% of 530 companies
in the Conglomerates industry
Industry Median: 0.58 vs SZSE:000620: 0.42

Winnovation Culturaltainment Development Debt-to-Equity Historical Data

The historical data trend for Winnovation Culturaltainment Development'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.

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Winnovation Culturaltainment Development Debt-to-Equity Chart

Winnovation Culturaltainment Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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3.48

7.39

-25.40

0.38

0.41

Winnovation Culturaltainment Development Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															0.38	0.38	0.38	0.41	0.42

Competitive Comparison of Winnovation Culturaltainment Development's Debt-to-Equity

For the Conglomerates subindustry, Winnovation Culturaltainment Development'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.

Winnovation Culturaltainment Development's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Winnovation Culturaltainment Development's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Winnovation Culturaltainment Development's Debt-to-Equity falls into.

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Winnovation Culturaltainment Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Winnovation Culturaltainment Development's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(816.194	+	1175.163)	/	4887.127
	=	0.41

Winnovation Culturaltainment Development's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(845.571	+	1164.692)	/	4840.872
	=	0.42

Winnovation Culturaltainment Development (SZSE:000620) 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.

Winnovation Culturaltainment Development Debt-to-Equity Related Terms

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Winnovation Culturaltainment Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Winnovation Culturaltainment Development Ltd (SZSE:000620) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Government Street, Macrolink Headquarters Plaza, Taihu Town, Tongzhou District, Beijing, CHN, 101116

Website

http://www.macrolink.com.cn

Macrolink Culturaltainment Development Co Ltd is a China-based conglomerate with business interests in the real estate, chemical, mining, ceramics, wine, and financial investment industries. In real estate business, the company develops, operates and provides related services residential, commercial, tourism and cultural property. In the petroleum sector, the company focuses on the wholesale and retailing business of crude oil, refined oil products, and fuel oil. Involved in the finance sector, the company is engaged in the project investment, securities investment and equity investment. In addition, the organization is also focused on the ceramics, liquor, ecological agriculture and nutritional beverages industries.

Executives

Yang Yun Feng	Executives
Wu Yi Ping	Supervisors
Li Jian Gang	Director
Fu Jun	Director
Feng Jian Jun	Director
Hu Jin Liang	Independent director
Hang Guan Yu	Directors, executives
Xu Yang	Executives

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