Zhongliang Holdings Group Co (HKSE:02772) Debt-to-Equity : 3.07 (As of Dec. 2023)

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

Zhongliang Holdings Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$19,746 Mil. Zhongliang Holdings Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,409 Mil. Zhongliang Holdings Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$7,536 Mil. Zhongliang Holdings Group Co's debt to equity for the quarter that ended in Dec. 2023 was 3.07.

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

HKSE:02772' s Debt-to-Equity Range Over the Past 10 Years
Min: -75.54 Med: 3.98 Max: 104.28
Current: 3.07

During the past 8 years, the highest Debt-to-Equity Ratio of Zhongliang Holdings Group Co was 104.28. The lowest was -75.54. And the median was 3.98.

HKSE:02772's Debt-to-Equity is ranked worse than
91.42% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:02772: 3.07

Zhongliang Holdings Group Co Debt-to-Equity Historical Data

The historical data trend for Zhongliang 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.

Zhongliang Holdings Group Co Debt-to-Equity Chart

Zhongliang Holdings Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.62

4.94

3.34

2.41

3.07

Zhongliang Holdings Group Co 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									3.34	2.35	2.41	2.07	3.07

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

For the Real Estate - Development subindustry, Zhongliang 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.

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

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

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

Zhongliang Holdings Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhongliang 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
	=	(19746.26	+	3409.012)	/	7535.544
	=	3.07

Zhongliang 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
	=	(19746.26	+	3409.012)	/	7535.544
	=	3.07

Zhongliang Holdings Group Co (HKSE:02772) 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.

Zhongliang Holdings Group Co Debt-to-Equity Related Terms

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Zhongliang Holdings Group Co (HKSE:02772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhongliang Holdings Group Co Ltd (HKSE:02772) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN

Website

https://www.zldcgroup.com

Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.

Zhongliang Holdings Group Co (HKSE:02772) Headlines

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