China South City Holdings (HKSE:01668) Debt-to-Equity : 0.81 (As of Sep. 2023)

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What is China South City Holdings Debt-to-Equity?

China South City Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$14,319 Mil. China South City Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$17,607 Mil. China South City Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$39,259 Mil. China South City Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.81.

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

HKSE:01668' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 0.96 Max: 1.35
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of China South City Holdings was 1.35. The lowest was 0.76. And the median was 0.96.

HKSE:01668's Debt-to-Equity is ranked worse than
52.21% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:01668: 0.81

China South City Holdings Debt-to-Equity Historical Data

The historical data trend for China South City 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.

China South City Holdings Debt-to-Equity Chart

China South City Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.95

0.97

0.91

0.80

0.77

China South City Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.87	0.80	0.76	0.77	0.81

Competitive Comparison of China South City Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, China South City 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.

China South City Holdings's Debt-to-Equity Distribution in the Real Estate Industry

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

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

China South City Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China South City Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(12795.888	+	20045.816)	/	42670.045
	=	0.77

China South City Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(14319.493	+	17607.12)	/	39258.882
	=	0.81

China South City Holdings (HKSE:01668) 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.

China South City Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China South City Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China South City Holdings (HKSE:01668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China South City Holdings Ltd (HKSE:01668) » Definitions » Debt-to-Equity

Traded in Other Exchanges

CS4:Germany

Address

The Gateway, 15 Canton Road, Suite 3306-08, 33rd Floor, Tower 5, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.chinasouthcity.com

China South City Holdings Ltd develops and operates large-scale integrated logistics and trade centers in China. It operates in three segments that include property development, property investment and management, and others. The majority of the revenue is generated from the property development segments that include the development of integrated logistics and trade centers and residential and commercial ancillary facilities. The majority of its operations are conducted in the People's Republic of China.

China South City Holdings (HKSE:01668) Headlines

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