Financial Street Property Co (HKSE:01502) Debt-to-Equity : 0.05 (As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

Financial Street Property Co Debt-to-Equity Definition

Financial Street Property Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$28 Mil. Financial Street Property Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$43 Mil. Financial Street Property Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$1,302 Mil. Financial Street Property Co's debt to equity for the quarter that ended in Jun. 2023 was 0.05.

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 Financial Street Property Co's Debt-to-Equity or its related term are showing as below:

HKSE:01502' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.06 Max: 0.13
Current: 0.04

During the past 7 years, the highest Debt-to-Equity Ratio of Financial Street Property Co was 0.13. The lowest was 0.04. And the median was 0.06.

HKSE:01502's Debt-to-Equity is ranked better than
93.38% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:01502: 0.04

Financial Street Property Co Debt-to-Equity Historical Data

The historical data trend for Financial Street Property 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.

Financial Street Property Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.04

0.05

0.07

0.04

Financial Street Property Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.05	0.05	0.07	0.05	0.04

Competitive Comparison

For the Real Estate Services subindustry, Financial Street Property 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.

Financial Street Property Co Debt-to-Equity Distribution

For the Real Estate industry and Real Estate sector, Financial Street Property Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Financial Street Property Co's Debt-to-Equity falls into.

Financial Street Property Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Financial Street Property Co'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
	=	(31.798	+	57.322)	/	1317.631
	=	0.07

Financial Street Property Co'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
	=	(27.947	+	42.947)	/	1301.64
	=	0.05

Financial Street Property Co (HKSE:01502) 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.

Financial Street Property Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Financial Street Property Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Financial Street Property Co (HKSE:01502) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Financial Street Property Co Ltd (HKSE:01502) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Xizhimenwai Avenue, 24th Floor, Xihuan Plaza Tower 2, Xicheng District, Beijing, CHN, 100044

Website

http://www.jrjlife.com

Financial Street Property Co Ltd is a property management company in China. The company provides comprehensive property management and related services, including customer services, security services, cleaning and gardening services, engineering, repair and maintenance services, car park management services, and other related services, to its customers including property developers, property owners, owners' associations, tenants and residents. It provides services to commercial and business properties, including office buildings, complexes, retail buildings, and hotels; and Non-commercial properties, including residential properties, public properties, hospitals, educational properties, and others.

Financial Street Property Co (HKSE:01502) Headlines

No Headlines