Sunshine 100 China Holdings (HKSE:02608) Debt-to-Equity : -64.44 (As of Dec. 2023)

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

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$4,495 Mil. Sunshine 100 China Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-459 Mil. Sunshine 100 China Holdings's debt to equity for the quarter that ended in Dec. 2023 was -64.44.

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 Sunshine 100 China Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:02608' s Debt-to-Equity Range Over the Past 10 Years
Min: -64.44 Med: 3.4 Max: 10.51
Current: -64.44

During the past 12 years, the highest Debt-to-Equity Ratio of Sunshine 100 China Holdings was 10.51. The lowest was -64.44. And the median was 3.40.

HKSE:02608's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.755 vs HKSE:02608: -64.44

Sunshine 100 China Holdings Debt-to-Equity Historical Data

The historical data trend for Sunshine 100 China Holdings'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.

Sunshine 100 China Holdings Debt-to-Equity Chart

Sunshine 100 China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.74

2.85

4.66

10.51

-64.44

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-Equity	Get a 7-Day Free Trial															4.66	5.52	10.51	18.80	-64.44

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

For the Real Estate - Development subindustry, Sunshine 100 China Holdings'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.

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

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

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

Sunshine 100 China Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunshine 100 China Holdings'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
	=	(25101.649	+	4494.668)	/	-459.316
	=	-64.44

Sunshine 100 China Holdings'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
	=	(25101.649	+	4494.668)	/	-459.316
	=	-64.44

Sunshine 100 China Holdings (HKSE:02608) 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.

Sunshine 100 China Holdings Debt-to-Equity Related Terms

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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-Equity

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

Fantasy Races Limited	2201 Interest of corporation controlled by you
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
Ming Fai International Limited	2201 Interest of corporation controlled by you
Joywise Holdings Limited	2101 Beneficial owner
Harvest Well Holdings Limited	2201 Interest of corporation controlled by you
Cititrust Private Trust (cayman) Limited	2201 Interest of corporation controlled by you
Fantastic Magician Limited	2201 Interest of corporation controlled by you
Great Sharp International Limited	2201 Interest of corporation controlled by you
Qian Tiwei	2201 Interest of corporation controlled by you

Sunshine 100 China Holdings (HKSE:02608) Headlines

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