Overseas Chinese Town (Asia) Holdings (HKSE:03366) Debt-to-Equity : -53.63 (As of Dec. 2023)

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What is Overseas Chinese Town (Asia) Holdings Debt-to-Equity?

Overseas Chinese Town (Asia) Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,660 Mil. Overseas Chinese Town (Asia) Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8,254 Mil. Overseas Chinese Town (Asia) Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-241 Mil. Overseas Chinese Town (Asia) Holdings's debt to equity for the quarter that ended in Dec. 2023 was -53.63.

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 Overseas Chinese Town (Asia) Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:03366' s Debt-to-Equity Range Over the Past 10 Years
Min: -53.63 Med: 0.96 Max: 3.83
Current: -53.63

During the past 13 years, the highest Debt-to-Equity Ratio of Overseas Chinese Town (Asia) Holdings was 3.83. The lowest was -53.63. And the median was 0.96.

HKSE:03366's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.755 vs HKSE:03366: -53.63

Overseas Chinese Town (Asia) Holdings Debt-to-Equity Historical Data

The historical data trend for Overseas Chinese Town (Asia) 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.

Overseas Chinese Town (Asia) Holdings Debt-to-Equity Chart

Overseas Chinese Town (Asia) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.98

0.94

1.11

-53.63

Overseas Chinese Town (Asia) 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															0.94	0.97	1.11	5.57	-53.63

Competitive Comparison of Overseas Chinese Town (Asia) Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, Overseas Chinese Town (Asia) 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.

Overseas Chinese Town (Asia) Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Overseas Chinese Town (Asia) Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Overseas Chinese Town (Asia) Holdings's Debt-to-Equity falls into.

Overseas Chinese Town (Asia) Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Overseas Chinese Town (Asia) 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
	=	(4660.082	+	8253.968)	/	-240.818
	=	-53.63

Overseas Chinese Town (Asia) 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
	=	(4660.082	+	8253.968)	/	-240.818
	=	-53.63

Overseas Chinese Town (Asia) Holdings (HKSE:03366) 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.

Overseas Chinese Town (Asia) Holdings Debt-to-Equity Related Terms

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Overseas Chinese Town (Asia) Holdings (HKSE:03366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Overseas Chinese Town (Asia) Holdings Ltd (HKSE:03366) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

1 Garden Road, 59th Floor, Bank of China Tower, Hong Kong, HKG

Website

https://www.oct-asia.com

Overseas Chinese Town (Asia) Holdings Ltd is an investment holding company. It operates its business through three segments. The Comprehensive Development Business segment which drives the majority of revenue is engaged in the development and operation of the tourism theme park, the development, and sales of residential properties, and the development and management of properties; Equity investment and fund business segment engage in the investment in new urbanization industrial ecospheres, such as domestic and overseas direct investments, industrial funds, and education. The Finance lease business segment engages in the finance lease business. It generates the majority of its revenue from Mainland China.

Executives

Pacific Climax Limited	2101 Beneficial owner
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si	2201 Interest of corporation controlled by you

Overseas Chinese Town (Asia) Holdings (HKSE:03366) Headlines

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