Shimao Group Holdings (HKSE:00813) Debt-to-Equity : 17.94 (As of Dec. 2023)

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What is Shimao Group Holdings Debt-to-Equity?

Shimao Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$218,169 Mil. Shimao Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$70,655 Mil. Shimao Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$16,096 Mil. Shimao Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 17.94.

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

HKSE:00813' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.28 Med: 1.75 Max: 17.94
Current: 17.94

During the past 13 years, the highest Debt-to-Equity Ratio of Shimao Group Holdings was 17.94. The lowest was 1.28. And the median was 1.75.

HKSE:00813's Debt-to-Equity is ranked worse than
98.99% of 1588 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00813: 17.94

Shimao Group Holdings Debt-to-Equity Historical Data

The historical data trend for Shimao Group 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.

Shimao Group Holdings Debt-to-Equity Chart

Shimao Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.91

1.65

4.01

7.51

17.94

Shimao Group 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															4.01	N/A	7.51	11.24	17.94

Competitive Comparison of Shimao Group Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, Shimao Group 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.

Shimao Group Holdings's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Shimao Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shimao Group 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
	=	(218169.322	+	70654.952)	/	16095.996
	=	17.94

Shimao Group 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
	=	(218169.322	+	70654.952)	/	16095.996
	=	17.94

Shimao Group Holdings (HKSE:00813) 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.

Shimao Group Holdings Debt-to-Equity Related Terms

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Shimao Group Holdings (HKSE:00813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shimao Group Holdings Ltd (HKSE:00813) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SIOPF:USA QHI:Germany

Address

89 Queensway, 1st Floor, Block 38, Hong Kong Lippo Centre, Hong Kong, HKG

Website

http://www.shimaogroup.hk

Shimao Group Holdings, formerly Shimao Property, is a large real estate developer in China. In addition to property development as the core business, the company plans to raise non-development revenue, which includes property investment, hotels and property management services. Shimao holds residential development projects and hotels, while its 59%-owned Shanghai Shimao holds commercial projects. The two entities collaborate on large mixed-use projects. The free float is about 35%, with the company's founder, Hui Wing Mau, holding the remaining stake.

Shimao Group Holdings (HKSE:00813) Headlines

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