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Shenzhen Properties & Resources Development (Group) (SZSE:000011) Debt-to-Equity : 1.02 (As of Dec. 2023)


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What is Shenzhen Properties & Resources Development (Group) Debt-to-Equity?

Shenzhen Properties & Resources Development (Group)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥3,323 Mil. Shenzhen Properties & Resources Development (Group)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥1,410 Mil. Shenzhen Properties & Resources Development (Group)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥4,662 Mil. Shenzhen Properties & Resources Development (Group)'s debt to equity for the quarter that ended in Dec. 2023 was 1.02.

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 Shenzhen Properties & Resources Development (Group)'s Debt-to-Equity or its related term are showing as below:

SZSE:000011' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.8   Max: 1.02
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen Properties & Resources Development (Group) was 1.02. The lowest was 0.13. And the median was 0.80.

SZSE:000011's Debt-to-Equity is ranked worse than
60.76% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs SZSE:000011: 1.02

Shenzhen Properties & Resources Development (Group) Debt-to-Equity Historical Data

The historical data trend for Shenzhen Properties & Resources Development (Group)'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.

Shenzhen Properties & Resources Development (Group) Debt-to-Equity Chart

Shenzhen Properties & Resources Development (Group) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.98 0.80 0.89 1.02

Shenzhen Properties & Resources Development (Group) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.94 1.01 1.05 1.02

Competitive Comparison of Shenzhen Properties & Resources Development (Group)'s Debt-to-Equity

For the Real Estate - Development subindustry, Shenzhen Properties & Resources Development (Group)'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.


Shenzhen Properties & Resources Development (Group)'s Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Properties & Resources Development (Group)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Properties & Resources Development (Group)'s Debt-to-Equity falls into.



Shenzhen Properties & Resources Development (Group) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Properties & Resources Development (Group)'s Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shenzhen Properties & Resources Development (Group)'s Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Shenzhen Properties & Resources Development (Group)  (SZSE:000011) 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.


Shenzhen Properties & Resources Development (Group) Debt-to-Equity Related Terms

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Shenzhen Properties & Resources Development (Group) (SZSE:000011) Business Description

Traded in Other Exchanges
Address
Renmin South Road, 39 Floor and 42 Floor, International Trade Center, Guangdong Province, Luohu District, Shenzhen, CHN, 518014
Shenzhen Properties & Resources Development (Group) Ltd is engaged in real estate development property management and housing asset operation as the basic business, with catering service, warehousing business and supervision business. It develops the residence, the hi-end apartment and the office building. It also provides house leasing, catering service, warehousing service, and supervision service. The company operates in three segments namely Real estate, Property management, and Catering service. Majority of the revenue is derived from the Real estate segment.

Shenzhen Properties & Resources Development (Group) (SZSE:000011) Headlines

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