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China Grand Automotive Services Group Co Stock

China Grand Automotive Services Group Co Debt 2024

China Grand Automotive Services Group Co Debt

61,627.55 CNY

Ticker

600297.SS

ISIN

CNE000001576

In 2024, China Grand Automotive Services Group Co's total debt was 61,627.55 CNY, a -10.7% change from the 69,011.95 CNY total debt recorded 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.

Debt Details

Understanding China Grand Automotive Services Group Co's Debt Structure

China Grand Automotive Services Group Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing China Grand Automotive Services Group Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to China Grand Automotive Services Group Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in China Grand Automotive Services Group Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about China Grand Automotive Services Group Co stock

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

China Grand Automotive Services Group Co has a debt level of 61,627.55 CNY this year.

What was the debt of China Grand Automotive Services Group Co compared to the previous year?

The debt of China Grand Automotive Services Group Co has increased by -10.7% compared to the previous year dropped.

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

High debt can pose a risk for investors of China Grand Automotive Services Group Co, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

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

Low debt means that China Grand Automotive Services Group Co has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from China Grand Automotive Services Group Co affect the company?

An increase in debt of China Grand Automotive Services Group Co can adversely affect the financial condition of the company and result in a higher burden on its finances.

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

A reduction in debt of China Grand Automotive Services Group Co can strengthen the company's financial position and improve its ability to meet its financial obligations.

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

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

Why are the debts of China Grand Automotive Services Group Co so important for investors?

The debts of China Grand Automotive Services Group Co are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can China Grand Automotive Services Group Co take to change the debt?

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

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.