Sino-Ocean Group Holding (HKSE:03377) Debt-to-Equity : 13.96 (As of Dec. 2023)

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What is Sino-Ocean Group Holding Debt-to-Equity?

Sino-Ocean Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$76,457 Mil. Sino-Ocean Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$30,861 Mil. Sino-Ocean Group Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$7,688 Mil. Sino-Ocean Group Holding's debt to equity for the quarter that ended in Dec. 2023 was 13.96.

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 Sino-Ocean Group Holding's Debt-to-Equity or its related term are showing as below:

HKSE:03377' s Debt-to-Equity Range Over the Past 10 Years
Min: 1 Med: 1.61 Max: 13.96
Current: 13.96

During the past 13 years, the highest Debt-to-Equity Ratio of Sino-Ocean Group Holding was 13.96. The lowest was 1.00. And the median was 1.61.

HKSE:03377's Debt-to-Equity is ranked worse than
98.74% of 1588 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:03377: 13.96

Sino-Ocean Group Holding Debt-to-Equity Historical Data

The historical data trend for Sino-Ocean Group Holding'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.

Sino-Ocean Group Holding Debt-to-Equity Chart

Sino-Ocean Group Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.69

1.54

1.68

3.40

13.96

Sino-Ocean Group Holding 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															1.68	1.82	3.40	7.37	13.96

Competitive Comparison of Sino-Ocean Group Holding's Debt-to-Equity

For the Real Estate - Development subindustry, Sino-Ocean Group Holding'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.

Sino-Ocean Group Holding's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Sino-Ocean Group Holding's Debt-to-Equity falls into.

Sino-Ocean Group Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sino-Ocean Group Holding'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
	=	(76456.769	+	30860.8)	/	7687.687
	=	13.96

Sino-Ocean Group Holding'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
	=	(76456.769	+	30860.8)	/	7687.687
	=	13.96

Sino-Ocean Group Holding (HKSE:03377) 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.

Sino-Ocean Group Holding Debt-to-Equity Related Terms

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Sino-Ocean Group Holding (HKSE:03377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino-Ocean Group Holding Ltd (HKSE:03377) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SIOLY:USA SIOLF:USA 3SD:Germany

Address

56 Dongsihuanzhonglu, 31-33 Floor, Tower A, Ocean International Center, Chaoyang District, Beijing, CHN, 100025

Website

https://www.sinooceangroup.com

Sino-Ocean Group Holding Ltd is a real estate company engaged in property development and property investment in China. The company focuses on mid-to-high-end residential property development, investment, and operation of urban property complexes and offices, property services, community O2O, senior living, medical care, shared offices, real estate funds, equity investments, asset management, and overseas investments. It operates in three segments; property development, property management, and property investment. Property development businesses are further segregated geographically into Beijing, Bohai Rim Region, Eastern China, Southern China, Central China, and Western China.

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