Zhuguang Holdings Group Co (HKSE:01176) Debt-to-Equity : 2.21 (As of Dec. 2023)

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What is Zhuguang Holdings Group Co Debt-to-Equity?

Zhuguang Holdings Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8,512 Mil. Zhuguang Holdings Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,337 Mil. Zhuguang Holdings Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,277 Mil. Zhuguang Holdings Group Co's debt to equity for the quarter that ended in Dec. 2023 was 2.21.

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

HKSE:01176' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.74 Med: 2.18 Max: 2.85
Current: 2.21

During the past 13 years, the highest Debt-to-Equity Ratio of Zhuguang Holdings Group Co was 2.85. The lowest was 1.74. And the median was 2.18.

HKSE:01176's Debt-to-Equity is ranked worse than
85.71% of 1588 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:01176: 2.21

Zhuguang Holdings Group Co Debt-to-Equity Historical Data

The historical data trend for Zhuguang Holdings 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.

Zhuguang Holdings Group Co Debt-to-Equity Chart

Zhuguang Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.44

1.83

2.15

2.11

2.21

Zhuguang Holdings Group Co 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															2.15	2.14	2.11	2.14	2.21

Competitive Comparison of Zhuguang Holdings Group Co's Debt-to-Equity

For the Real Estate Services subindustry, Zhuguang Holdings 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.

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

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

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

Zhuguang Holdings Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhuguang Holdings 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
	=	(8512.21	+	5336.587)	/	6276.933
	=	2.21

Zhuguang Holdings 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
	=	(8512.21	+	5336.587)	/	6276.933
	=	2.21

Zhuguang Holdings Group Co (HKSE:01176) 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.

Zhuguang Holdings Group Co Debt-to-Equity Related Terms

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Zhuguang Holdings Group Co (HKSE:01176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhuguang Holdings Group Co Ltd (HKSE:01176) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

8 Finance Street, Room 5702-5703, 57th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

http://www.zhuguang.com.hk

Zhuguang Holdings Group Co Ltd engages in property development, property investment, project management, and other property development related services in the People's Republic of China. The company's core investment projects take place in tier-one and tier-two cities in China. The group's key projects include Zhuguang Yujing Scenic Garden, Pearl Yijing, Pearl Tianhu Yujing Garden, Zhuguang Financial Town One, Pearl Xincheng Yujing, and many others. The sale of properties from the Property Development Segment are responsible for most of the company's revenue. The company earns its revenue in both Hong Kong and Mainland China.

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