Shanghai Zendai Property (HKSE:00755) Debt-to-Equity : 1.63 (As of Dec. 2023)

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What is Shanghai Zendai Property Debt-to-Equity?

Shanghai Zendai Property's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,207.5 Mil. Shanghai Zendai Property's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$617.9 Mil. Shanghai Zendai Property's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,122.3 Mil. Shanghai Zendai Property's debt to equity for the quarter that ended in Dec. 2023 was 1.63.

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 Shanghai Zendai Property's Debt-to-Equity or its related term are showing as below:

HKSE:00755' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.51 Med: 2.53 Max: 100.25
Current: 1.63

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Zendai Property was 100.25. The lowest was -3.51. And the median was 2.53.

HKSE:00755's Debt-to-Equity is ranked worse than
76.61% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00755: 1.63

Shanghai Zendai Property Debt-to-Equity Historical Data

The historical data trend for Shanghai Zendai Property'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.

Shanghai Zendai Property Debt-to-Equity Chart

Shanghai Zendai Property Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.99

100.25

-3.51

2.25

1.63

Shanghai Zendai Property 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-Equity	Get a 7-Day Free Trial															-3.51	-0.98	2.25	2.08	1.63

Competitive Comparison of Shanghai Zendai Property's Debt-to-Equity

For the Real Estate - Development subindustry, Shanghai Zendai Property'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.

Shanghai Zendai Property's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Zendai Property's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Zendai Property's Debt-to-Equity falls into.

Shanghai Zendai Property Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Zendai Property's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1207.489	+	617.882)	/	1122.337
	=	1.63

Shanghai Zendai Property's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1207.489	+	617.882)	/	1122.337
	=	1.63

Shanghai Zendai Property (HKSE:00755) 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.

Shanghai Zendai Property Debt-to-Equity Related Terms

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Shanghai Zendai Property (HKSE:00755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Zendai Property Ltd (HKSE:00755) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Unit 6508, 65th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.zendaiproperty.com

Shanghai Zendai Property Ltd is an investment holding company engaged in the property development business. It is organized into three operating segments which comprise Sales of properties; Hotel operations; and Property rental, management, and agency services. The majority of its revenue is derived from the Sales of properties segment. All of the group's revenues are derived from the People's Republic of China.

Executives

China Orient Asset Management (international) Holding Limited	2106 Person having a security interest in shares
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited	2201 Interest of corporation controlled by you
Wise Leader Assets Ltd.	2201 Interest of corporation controlled by you
Nantong Sanjian Holding (hk) Co., Limited	2101 Beneficial owner
Nan Tong San Jian Kong Gu You Xian Gong Si	2106 Person having a security interest in shares

Shanghai Zendai Property (HKSE:00755) Headlines

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