Xinji Shaxi Group Co (HKSE:03603) Debt-to-Equity : 0.82 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Xinji Shaxi Group Co Debt-to-Equity?

Xinji Shaxi Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$238.5 Mil. Xinji Shaxi Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$959.5 Mil. Xinji Shaxi Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,463.2 Mil. Xinji Shaxi Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.82.

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 Xinji Shaxi Group Co's Debt-to-Equity or its related term are showing as below:

HKSE:03603' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.58 Max: 1.02
Current: 0.82

During the past 8 years, the highest Debt-to-Equity Ratio of Xinji Shaxi Group Co was 1.02. The lowest was 0.41. And the median was 0.58.

HKSE:03603's Debt-to-Equity is ranked worse than
52.21% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:03603: 0.82

Xinji Shaxi Group Co Debt-to-Equity Historical Data

The historical data trend for Xinji Shaxi Group Co'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.

Xinji Shaxi Group Co Debt-to-Equity Chart

Xinji Shaxi Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.41

0.42

0.52

0.63

0.82

Xinji Shaxi Group Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.52	0.57	0.63	0.86	0.82

Competitive Comparison of Xinji Shaxi Group Co's Debt-to-Equity

For the Real Estate Services subindustry, Xinji Shaxi Group Co'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.

Xinji Shaxi Group Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Xinji Shaxi Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Xinji Shaxi Group Co's Debt-to-Equity falls into.

Xinji Shaxi Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xinji Shaxi Group Co'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
	=	(238.503	+	959.516)	/	1463.243
	=	0.82

Xinji Shaxi Group Co'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
	=	(238.503	+	959.516)	/	1463.243
	=	0.82

Xinji Shaxi Group Co (HKSE:03603) 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.

Xinji Shaxi Group Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Xinji Shaxi Group Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Xinji Shaxi Group Co (HKSE:03603) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xinji Shaxi Group Co Ltd (HKSE:03603) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

136–138 Austin Road, 3/F Golden Gate Commercial Building, Rooms 301–303, Tsim Sha Tsui, Kowloon, HKG

Website

https://www.xjsx.net.cn

Xinji Shaxi Group Co Ltd is engaged in managing owned and leased portfolio shopping mall which derives revenue from leasing floor areas to the tenants and providing comprehensive and continuous operation and management support to them in the PRC. It operates and manages hospitality supplies and home furnishing shopping malls, exhibition management services, and online shopping malls. The company has two operating segments which are Property leasing and Property management services of which it generates the majority of its revenue from Property leasing. Geographically the company operates in Hong Kong and the People's Republic of China.

Executives

Huang Wanyi
Mei Zuoting
Weixin Development Overseas Limited
Zhang Weixin
Zuoting Investment Limited
Cheung Hon Chuen
Honchuen Investment Limited
Lin Yi	2201 Interest of corporation controlled by you
Al Capital Holdings International Pte. Ltd.	2201 Interest of corporation controlled by you
Straits Universal Limited	2201 Interest of corporation controlled by you
Al Capital Funds Vcc For A/c Of Al Capital Global Opportunities Fund	2102 Investment manager
Honchuen Investment Limited	2101 Beneficial owner
Zhanpeng Investment (hongkong) Company Limited	2101 Beneficial owner
Huiqun Investment Limited	2101 Beneficial owner

Xinji Shaxi Group Co (HKSE:03603) Headlines

No Headlines