Powerlong Commercial Management Holdings (HKSE:09909) Debt-to-Equity : 0.33 (As of Dec. 2023)

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What is Powerlong Commercial Management Holdings Debt-to-Equity?

Powerlong Commercial Management Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$71 Mil. Powerlong Commercial Management Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,018 Mil. Powerlong Commercial Management Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,340 Mil. Powerlong Commercial Management Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 Powerlong Commercial Management Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:09909' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.38 Max: 70.22
Current: 0.33

During the past 8 years, the highest Debt-to-Equity Ratio of Powerlong Commercial Management Holdings was 70.22. The lowest was 0.26. And the median was 0.38.

HKSE:09909's Debt-to-Equity is ranked better than
70.87% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:09909: 0.33

Powerlong Commercial Management Holdings Debt-to-Equity Historical Data

The historical data trend for Powerlong Commercial Management 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.

Powerlong Commercial Management Holdings Debt-to-Equity Chart

Powerlong Commercial Management Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.40

0.32

0.35

0.33

Powerlong Commercial Management Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.32	0.37	0.35	0.32	0.33

Competitive Comparison of Powerlong Commercial Management Holdings's Debt-to-Equity

For the Real Estate Services subindustry, Powerlong Commercial Management 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.

Powerlong Commercial Management Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Powerlong Commercial Management Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Powerlong Commercial Management Holdings's Debt-to-Equity falls into.

Powerlong Commercial Management Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Powerlong Commercial Management 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
	=	(70.603	+	1018.421)	/	3339.6
	=	0.33

Powerlong Commercial Management 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
	=	(70.603	+	1018.421)	/	3339.6
	=	0.33

Powerlong Commercial Management Holdings (HKSE:09909) 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.

Powerlong Commercial Management Holdings Debt-to-Equity Related Terms

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Powerlong Commercial Management Holdings (HKSE:09909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Powerlong Commercial Management Holdings Ltd (HKSE:09909) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101

Website

http://www.powerlongcm.com

Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.

Executives

Hoi Wa Fong	2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia	2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

Powerlong Commercial Management Holdings (HKSE:09909) Headlines

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