China Grand Automotive Services Group Co Stock

China Grand Automotive Services Group Co Liabilities 2024

China Grand Automotive Services Group Co Liabilities

78.71 B CNY

Ticker

600297.SS

ISIN

CNE000001576

In 2024, China Grand Automotive Services Group Co's total liabilities amounted to 78.71 B CNY, a -9.91% difference from the 87.37 B CNY total liabilities in the previous year.

China Grand Automotive Services Group Co Aktienanalyse

What does China Grand Automotive Services Group Co do?

China Grand Automotive Services Group Co Ltd, also known as "Grand Automotive," is a leading automobile company that focuses on the sales, maintenance, repair, and rental of cars in China. Founded in 1999, the company has developed a wide range of products and services over the years to meet the individual needs of its customers. Through continuous expansion, Grand Automotive has gained a strong position in the Chinese automotive market, with headquarters in Beijing and over 700 sales and service centers nationwide. The company follows a multi-brand system, collaborating closely with leading automakers like Volkswagen, BMW, Ford, and Mercedes-Benz to offer a variety of vehicles, both new and used. In addition to car sales, Grand Automotive also operates car rental and leasing businesses. The company is divided into different business divisions to meet customer requirements, including car sales, after-sales service, and car rental and leasing. Grand Automotive offers a wide range of products and services, including new and used car sales, maintenance and repair services, spare parts, and affordable car rental and leasing options. Conclusion: China Grand Automotive Services Group Co Ltd is a leading company in the Chinese automotive market, offering a wide range of products and services. With a strong presence throughout China and partnerships with various automakers, Grand Automotive ensures that customers can always find what they are looking for. The company also focuses on the car rental and leasing market to ensure customers can rely on their vehicles at all times. China Grand Automotive Services Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing China Grand Automotive Services Group Co's Liabilities

China Grand Automotive Services Group Co's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating China Grand Automotive Services Group Co's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing China Grand Automotive Services Group Co's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

China Grand Automotive Services Group Co's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in China Grand Automotive Services Group Co’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about China Grand Automotive Services Group Co stock

What is the level of liabilities of China Grand Automotive Services Group Co this year?

China Grand Automotive Services Group Co has a debt balance of 78.71 B CNY this year.

What were the liabilities of China Grand Automotive Services Group Co compared to the previous year?

The liabilities of China Grand Automotive Services Group Co have increased by -9.91% dropped compared to the previous year.

What are the consequences of high debt for investors of China Grand Automotive Services Group Co?

High liabilities can pose a risk for investors of China Grand Automotive Services Group Co, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in China Grand Automotive Services Group Co?

Low liabilities mean that China Grand Automotive Services Group Co has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of China Grand Automotive Services Group Co affect the company?

An increase in liabilities of China Grand Automotive Services Group Co can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of China Grand Automotive Services Group Co affect the company?

A decrease in the liabilities of China Grand Automotive Services Group Co can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of China Grand Automotive Services Group Co?

Some factors that can influence the liabilities of China Grand Automotive Services Group Co include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of China Grand Automotive Services Group Co so important for investors?

The liabilities of China Grand Automotive Services Group Co are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can China Grand Automotive Services Group Co take to modify the liabilities?

To change its liabilities, China Grand Automotive Services Group Co can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does China Grand Automotive Services Group Co pay?

Over the past 12 months, China Grand Automotive Services Group Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 1.92 %. For the coming 12 months, China Grand Automotive Services Group Co is expected to pay a dividend of 0.02 CNY.

What is the dividend yield of China Grand Automotive Services Group Co?

The current dividend yield of China Grand Automotive Services Group Co is 1.92 %.

When does China Grand Automotive Services Group Co pay dividends?

China Grand Automotive Services Group Co pays a quarterly dividend. This is distributed in the months of August, July, July, August.

How secure is the dividend of China Grand Automotive Services Group Co?

China Grand Automotive Services Group Co paid dividends every year for the past 3 years.

What is the dividend of China Grand Automotive Services Group Co?

For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 2.71 %.

In which sector is China Grand Automotive Services Group Co located?

China Grand Automotive Services Group Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von China Grand Automotive Services Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Grand Automotive Services Group Co from 7/11/2019 amounting to 0.015 CNY, you needed to have the stock in your portfolio before the ex-date on 7/11/2019.

When did China Grand Automotive Services Group Co pay the last dividend?

The last dividend was paid out on 7/11/2019.

What was the dividend of China Grand Automotive Services Group Co in the year 2023?

In the year 2023, China Grand Automotive Services Group Co distributed 0 CNY as dividends.

In which currency does China Grand Automotive Services Group Co pay out the dividend?

The dividends of China Grand Automotive Services Group Co are distributed in CNY.

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Andere Kennzahlen von China Grand Automotive Services Group Co

Our stock analysis for China Grand Automotive Services Group Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of China Grand Automotive Services Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.