Sunshine 100 China Holdings (HKSE:02608) Debt-to-EBITDA : -24.21 (As of Dec. 2023)

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What is Sunshine 100 China Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Sunshine 100 China Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$25,102 Mil. Sunshine 100 China Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,495 Mil. Sunshine 100 China Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-1,222 Mil. Sunshine 100 China Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -24.21.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Sunshine 100 China Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:02608' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -33.57 Med: 10.05 Max: 33.66
Current: -31.08

During the past 12 years, the highest Debt-to-EBITDA Ratio of Sunshine 100 China Holdings was 33.66. The lowest was -33.57. And the median was 10.05.

HKSE:02608's Debt-to-EBITDA is ranked worse than
100% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs HKSE:02608: -31.08

Sunshine 100 China Holdings Debt-to-EBITDA Historical Data

The historical data trend for Sunshine 100 China Holdings's Debt-to-EBITDA 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.

Sunshine 100 China Holdings Debt-to-EBITDA Chart

Sunshine 100 China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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5.47

9.96

-10.41

-14.48

-33.57

Sunshine 100 China Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															-4.58	-88.33	-7.32	-44.02	-24.21

Competitive Comparison of Sunshine 100 China Holdings's Debt-to-EBITDA

For the Real Estate - Development subindustry, Sunshine 100 China Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

Sunshine 100 China Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine 100 China Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sunshine 100 China Holdings's Debt-to-EBITDA falls into.

Sunshine 100 China Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Sunshine 100 China Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(25101.649	+	4494.668)	/	-881.643
	=	-33.57

Sunshine 100 China Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(25101.649	+	4494.668)	/	-1222.342
	=	-24.21

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.

Sunshine 100 China Holdings (HKSE:02608) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Sunshine 100 China Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Sunshine 100 China Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Sunshine 100 China Holdings (HKSE:02608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunshine 100 China Holdings Ltd (HKSE:02608) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

No. 2 Guang Hua Road, 12th Floor, Tower D, Beijing, CHN, 100026

Website

http://www.ss100.com.cn

Sunshine 100 China Holdings Ltd engages in property and land development, property investment, and property management & hotel operation in China. The group generates revenue through property sales, property management and hotel operation income, and rental income. The property and land development business earns sales from residential and commercial properties and constructs projects in multiple Chinese cities. A majority of the company's revenue is derived from the mixed-use business complexes segment. Nearly all the company's revenue comes from its customers in the People's Republic of China.

Executives

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Tian Feng	2401 A concert party to an agreement to buy shares
Li Mingqiang	2401 A concert party to an agreement to buy shares
Jin Xiangfei	2401 A concert party to an agreement to buy shares
Liu Chaohui	2401 A concert party to an agreement to buy shares
Yi Xiaodi	2307 Founder of a discretionary trust who can infl
Fan Xiaohua	2307 Founder of a discretionary trust who can infl
Fan Xiaochong	2307 Founder of a discretionary trust who can infl
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