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China Calxon Group Co (SZSE:000918) Debt-to-Equity : -14.26 (As of Mar. 2023)


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What is China Calxon Group Co Debt-to-Equity?

China Calxon Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ¥2,125 Mil. China Calxon Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ¥1,353 Mil. China Calxon Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ¥-244 Mil. China Calxon Group Co's debt to equity for the quarter that ended in Mar. 2023 was -14.26.

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

SZSE:000918's Debt-to-Equity is not ranked *
in the Real Estate industry.
Industry Median: 0.76
* Ranked among companies with meaningful Debt-to-Equity only.

China Calxon Group Co Debt-to-Equity Historical Data

The historical data trend for China Calxon 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.

China Calxon Group Co Debt-to-Equity Chart

China Calxon Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 1.82 1.85 3.53 -35.65

China Calxon Group Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 4.17 6.24 10.71 -35.65 -14.26

Competitive Comparison of China Calxon Group Co's Debt-to-Equity

For the Real Estate - Development subindustry, China Calxon 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.


China Calxon Group Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Calxon Group Co's Debt-to-Equity distribution charts can be found below:

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



China Calxon Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Calxon Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

China Calxon Group Co's Debt to Equity Ratio for the quarter that ended in Mar. 2023 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.


China Calxon Group Co  (SZSE:000918) 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.


China Calxon Group Co Debt-to-Equity Related Terms

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China Calxon Group Co (SZSE:000918) Business Description

Traded in Other Exchanges
N/A
Address
No. 536, Hongqiao Road, Xuhui District, Jiakai City Group, Shanghai, CHN
China Calxon Group Co Ltd is a real estate development and commercial asset management company. It is engaged in developing urban commercial projects in Jiangsu, Zhejiang, and Shanghai. Company broadly divide its real estate development into residential. living room and property management. Companies project includes Wuxi property, Huzhou Property, Chongqing property and other.
Executives
Zhou Zhao Yong Executives
Wang Zhen Guo Executives
Geng Xiao Zhen Supervisors
Wu Dong Ming Director
Jiang Rong Executives
Zhu Li Ping Executives
Zhang Yu Executives
Chen Hao Directors, executives

China Calxon Group Co (SZSE:000918) Headlines

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