CHVKY (China Vanke Co) Debt-to-Equity : 1.49 (As of Sep. 2024)

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What is China Vanke Co Debt-to-Equity?

China Vanke Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $16,987 Mil. China Vanke Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $32,320 Mil. China Vanke Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $33,086 Mil. China Vanke Co's debt to equity for the quarter that ended in Sep. 2024 was 1.49.

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

CHVKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71 Med: 1.35 Max: 1.75
Current: 1.46

During the past 13 years, the highest Debt-to-Equity Ratio of China Vanke Co was 1.75. The lowest was 0.71. And the median was 1.35.

CHVKY's Debt-to-Equity is ranked worse than
73.79% of 1576 companies
in the Real Estate industry
Industry Median: 0.745 vs CHVKY: 1.46

China Vanke Co Debt-to-Equity Historical Data

The historical data trend for China Vanke 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.

China Vanke Co Debt-to-Equity Chart

China Vanke Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.50

1.27

1.25

1.40

1.37

China Vanke Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.37	1.37	1.37	1.46	1.49

Competitive Comparison of China Vanke Co's Debt-to-Equity

For the Real Estate - Development subindustry, China Vanke 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.

China Vanke Co's Debt-to-Equity Distribution in the Real Estate Industry

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

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

China Vanke Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Vanke Co'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
	=	(9242.093	+	38833.611)	/	35122.912
	=	1.37

China Vanke Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(16986.765	+	32319.801)	/	33086.482
	=	1.49

China Vanke Co (OTCPK:CHVKY) 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.

China Vanke Co Debt-to-Equity Related Terms

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

China Vanke Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Vanke Co Ltd (OTCPK:CHVKY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

CHVKF:USA 02202:Hong Kong 18V:Germany 000002:China

Address

Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Shenzhen, CHN, 518083

Website

https://www.vanke.com

China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.