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CITIC Niya Wine Co (SHSE:600084) Debt-to-Equity : 0.03 (As of Mar. 2025)


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What is CITIC Niya Wine Co Debt-to-Equity?

CITIC Niya Wine Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥40.4 Mil. CITIC Niya Wine Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1.1 Mil. CITIC Niya Wine Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥1,295.7 Mil. CITIC Niya Wine Co's debt to equity for the quarter that ended in Mar. 2025 was 0.03.

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 CITIC Niya Wine Co's Debt-to-Equity or its related term are showing as below:

SHSE:600084' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.17   Max: 0.75
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of CITIC Niya Wine Co was 0.75. The lowest was 0.00. And the median was 0.17.

SHSE:600084's Debt-to-Equity is ranked better than
88.95% of 181 companies
in the Beverages - Alcoholic industry
Industry Median: 0.37 vs SHSE:600084: 0.03

CITIC Niya Wine Co Debt-to-Equity Historical Data

The historical data trend for CITIC Niya Wine 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.

CITIC Niya Wine Co Debt-to-Equity Chart

CITIC Niya Wine Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.01 - 0.03

CITIC Niya Wine Co 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 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 - - - 0.03 0.03

Competitive Comparison of CITIC Niya Wine Co's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, CITIC Niya Wine 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.


CITIC Niya Wine Co's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, CITIC Niya Wine Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CITIC Niya Wine Co's Debt-to-Equity falls into.


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CITIC Niya Wine Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CITIC Niya Wine Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

CITIC Niya Wine Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


CITIC Niya Wine Co  (SHSE:600084) 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.


CITIC Niya Wine Co Debt-to-Equity Related Terms

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CITIC Niya Wine Co Business Description

Traded in Other Exchanges
N/A
Address
No. 39, Hongshan Road, Shuimogou, Xinjiang Uygur Autonomous Region, Urumqi, Xinjiang, CHN, 830002
CITIC Niya Wine Co Ltd is engaged in the Production and sales of wine.
Executives
Ji Jun senior management
Jin Wan Li Supervisors

CITIC Niya Wine Co Headlines

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