China SCE Group Holdings (HKSE:01966) Debt-to-Equity : 2.18 (As of Jun. 2023)

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What is China SCE Group Holdings Debt-to-Equity?

China SCE Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$13,668 Mil. China SCE Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$27,840 Mil. China SCE Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$19,050 Mil. China SCE Group Holdings's debt to equity for the quarter that ended in Jun. 2023 was 2.18.

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

HKSE:01966' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.2 Med: 2.21 Max: 2.46
Current: 3.69

During the past 13 years, the highest Debt-to-Equity Ratio of China SCE Group Holdings was 2.46. The lowest was 1.20. And the median was 2.21.

HKSE:01966's Debt-to-Equity is ranked worse than
93.56% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:01966: 3.69

China SCE Group Holdings Debt-to-Equity Historical Data

The historical data trend for China SCE 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.

China SCE Group Holdings Debt-to-Equity Chart

China SCE Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.41

2.23

2.32

2.24

3.69

China SCE 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															2.32	2.31	2.24	2.18	3.69

Competitive Comparison of China SCE Group Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, China SCE 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.

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

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

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

China SCE Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China SCE Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(16418.839	+	32911.897)	/	22011.217
	=	2.24

China SCE Group Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(13668.063	+	27840.348)	/	19050.346
	=	2.18

China SCE Group Holdings (HKSE:01966) 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 SCE Group Holdings Debt-to-Equity Related Terms

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China SCE Group Holdings (HKSE:01966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China SCE Group Holdings Ltd (HKSE:01966) » Definitions » Debt-to-Equity

Traded in Other Exchanges

XSP:Germany

Address

No. 2, Lane 1688, Shenchang Road, SCE Tower, Hongqiao Business District, Shanghai, CHN

Website

https://www.sce-re.com

China SCE Group Holdings Ltd is engaged in property development, commercial management, property management and long-term rental apartments business. The company has a regionally focused development strategy in the Yangtze River Delta Economic Zone, the Bohai Rim Economic Zone, the Guangdong-Hong Kong-Macao Greater Bay Area, the West Taiwan Strait Economic Zone and the Central Western Region. The group has property projects including high-rise residential buildings, offices, shopping malls and long-term rental apartments.

Executives

Wong Chiu Yeung	2201 Interest of corporation controlled by you
Newup Holdings Limited	2101 Beneficial owner
Rising Trade Holdings Limited	2101 Beneficial owner
Wealthy Gate Holdings Limited	2101 Beneficial owner
Chen Yuanlai	2201 Interest of corporation controlled by you
Cheng Hiu Lok	2201 Interest of corporation controlled by you
Keen Century Investments Limited	2101 Beneficial owner
East Waves Investments Limited	2101 Beneficial owner

China SCE Group Holdings (HKSE:01966) Headlines

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