Yuexiu Services Group (HKSE:06626) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Yuexiu Services Group Debt-to-Equity?

Yuexiu Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$71 Mil. Yuexiu Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$48 Mil. Yuexiu Services Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,768 Mil. Yuexiu Services Group's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Yuexiu Services Group's Debt-to-Equity or its related term are showing as below:

HKSE:06626' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 7.26
Current: 0.03

During the past 6 years, the highest Debt-to-Equity Ratio of Yuexiu Services Group was 7.26. The lowest was 0.02. And the median was 0.11.

HKSE:06626's Debt-to-Equity is ranked better than
94.83% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:06626: 0.03

Yuexiu Services Group Debt-to-Equity Historical Data

The historical data trend for Yuexiu Services Group'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.

Yuexiu Services Group Debt-to-Equity Chart

Yuexiu Services Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.38

0.19

0.02

0.03

Yuexiu Services Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.02	0.02	0.02	0.03	0.03

Competitive Comparison of Yuexiu Services Group's Debt-to-Equity

For the Real Estate Services subindustry, Yuexiu Services Group'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.

Yuexiu Services Group's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Yuexiu Services Group's Debt-to-Equity falls into.

Yuexiu Services Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yuexiu Services Group'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
	=	(70.564	+	47.704)	/	3767.609
	=	0.03

Yuexiu Services Group'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
	=	(70.564	+	47.704)	/	3767.609
	=	0.03

Yuexiu Services Group (HKSE:06626) 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.

Yuexiu Services Group Debt-to-Equity Related Terms

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Yuexiu Services Group (HKSE:06626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yuexiu Services Group Ltd (HKSE:06626) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

5R9:Germany

Address

160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG

Website

https://www.yuexiuservices.com

Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services, and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.

Executives

Guangzhou Construction & Development Holdings (china) Limited
Yue Xiu Enterprises (holdings) Limited
Yuexiu Property Company Limited
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si
Guang Zhou Di Tie Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Di Tie Tou Rong Zi Xiang Gang You Xian Gong Si	2101 Beneficial owner

Yuexiu Services Group (HKSE:06626) Headlines

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