Sunshine 100 China Holdings (HKSE:02608) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

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What is Sunshine 100 China Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Sunshine 100 China Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

Sunshine 100 China Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.03) to Dec. 2023 (0.08). It may suggest that Sunshine 100 China Holdings is progressively becoming more dependent on debt to grow their business.

Sunshine 100 China Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sunshine 100 China Holdings's LT-Debt-to-Total-Asset 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.

Sunshine 100 China Holdings LT-Debt-to-Total-Asset Chart

Sunshine 100 China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.25

0.22

0.15

0.03

0.08

Sunshine 100 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
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.09	0.03	0.02	0.08

Sunshine 100 China Holdings LT-Debt-to-Total-Asset Calculation

Sunshine 100 China Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	4494.668	/	55598.715
	=	0.08

Sunshine 100 China Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4494.668	/	55598.715
	=	0.08

Sunshine 100 China Holdings (HKSE:02608) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Sunshine 100 China Holdings LT-Debt-to-Total-Asset Related Terms

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Sunshine 100 China Holdings (HKSE:02608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunshine 100 China Holdings Ltd (HKSE:02608) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 2 Guang Hua Road, 12th Floor, Tower D, Beijing, CHN, 100026

Website

http://www.ss100.com.cn

Sunshine 100 China Holdings Ltd engages in property and land development, property investment, and property management & hotel operation in China. The group generates revenue through property sales, property management and hotel operation income, and rental income. The property and land development business earns sales from residential and commercial properties and constructs projects in multiple Chinese cities. A majority of the company's revenue is derived from the mixed-use business complexes segment. Nearly all the company's revenue comes from its customers in the People's Republic of China.

Executives

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Tian Feng	2401 A concert party to an agreement to buy shares
Li Mingqiang	2401 A concert party to an agreement to buy shares
Jin Xiangfei	2401 A concert party to an agreement to buy shares
Liu Chaohui	2401 A concert party to an agreement to buy shares
Yi Xiaodi	2307 Founder of a discretionary trust who can infl
Fan Xiaohua	2307 Founder of a discretionary trust who can infl
Fan Xiaochong	2307 Founder of a discretionary trust who can infl
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Sunshine 100 China Holdings (HKSE:02608) Headlines

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