Greentown China Holdings (HKSE:03900) Debt-to-Equity : 4.06 (As of Dec. 2023)

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What is Greentown China Holdings Debt-to-Equity?

Greentown China Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$35,703 Mil. Greentown China Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$124,781 Mil. Greentown China Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$39,519 Mil. Greentown China Holdings's debt to equity for the quarter that ended in Dec. 2023 was 4.06.

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

HKSE:03900' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.34 Med: 2.09 Max: 4.06
Current: 4.06

During the past 13 years, the highest Debt-to-Equity Ratio of Greentown China Holdings was 4.06. The lowest was 1.34. And the median was 2.09.

HKSE:03900's Debt-to-Equity is ranked worse than
94.64% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:03900: 4.06

Greentown China Holdings Debt-to-Equity Historical Data

The historical data trend for Greentown China 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.

Greentown China Holdings Debt-to-Equity Chart

Greentown China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.93

2.26

2.74

3.67

4.06

Greentown China 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															2.74	3.56	3.67	3.91	4.06

Competitive Comparison of Greentown China Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, Greentown China 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.

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

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

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

Greentown China Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Greentown China 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
	=	(35702.71	+	124781.399)	/	39518.65
	=	4.06

Greentown China 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
	=	(35702.71	+	124781.399)	/	39518.65
	=	4.06

Greentown China Holdings (HKSE:03900) 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.

Greentown China Holdings Debt-to-Equity Related Terms

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Greentown China Holdings (HKSE:03900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Greentown China Holdings Ltd (HKSE:03900) » Definitions » Debt-to-Equity

Traded in Other Exchanges

GTWCF:USA G7C:Germany

Address

No. 1 Hangda Road, 10th Floor, Block A, Dragon Century Plaza, Zhejiang, Hangzhou, CHN, 310007

Website

https://www.chinagreentown.com

Greentown China Holdings Ltd, or Greentown, is a China property developer headquartered in Hangzhou. Founded by Song Weiping, the company listed on the Hong Kong Stock Exchange in 2006. Predominantly a property developer is known for high-end residential projects with landbank geographically focused in Zhejiang and the Bohai Rim, Greentown is also noted for being one of the first developers to embark on the asset-light construction management model to generate development fee income from third-party construction and project management services. In June 2012, Wharf entered as a strategic shareholder of the company.

Executives

China Communications Construction Group Limited	2201 Interest of corporation controlled by you
Xiang Gang Xin Hu Tou Zi You Xian Gong Si	2101 Beneficial owner
Zhe Jiang Xin Hu Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Hu Zhong Bao Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Li Ping	2202 Interest of your spouse
Huang Wei	2201 Interest of corporation controlled by you
Song Weiping
Cccg Holding (hk) Limited	2101 Beneficial owner
Wheelock And Company Limited	2201 Interest of corporation controlled by you
The Wharf (holdings) Limited	2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited	2301 Trustee
Ever Step Holdings Limited	2201 Interest of corporation controlled by you
First Pioneer Holdings Limited	2201 Interest of corporation controlled by you
King Focus International Limited	2201 Interest of corporation controlled by you
Ping An Securities Group (holdings) Limited	2201 Interest of corporation controlled by you

Greentown China Holdings (HKSE:03900) Headlines

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