Sino Land Co (HKSE:00083) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Sino Land Co Debt-to-Equity?

Sino Land Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$37 Mil. Sino Land Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,607 Mil. Sino Land Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$164,517 Mil. Sino Land Co's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

HKSE:00083' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.1
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Sino Land Co was 0.10. The lowest was 0.02. And the median was 0.05.

HKSE:00083's Debt-to-Equity is ranked better than
97.22% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00083: 0.02

Sino Land Co Debt-to-Equity Historical Data

The historical data trend for Sino Land 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.

Sino Land Co Debt-to-Equity Chart

Sino Land Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.05

0.03

0.02

Sino Land Co 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															0.03	0.03	0.03	0.02	0.02

Competitive Comparison of Sino Land Co's Debt-to-Equity

For the Real Estate - Development subindustry, Sino Land 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.

Sino Land Co's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Sino Land Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sino Land Co's Debt to Equity Ratio for the fiscal year 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
	=	(1173.55	+	2447.211)	/	162348.812
	=	0.02

Sino Land Co'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
	=	(36.811	+	2606.947)	/	164516.905
	=	0.02

Sino Land Co (HKSE:00083) 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.

Sino Land Co Debt-to-Equity Related Terms

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Sino Land Co (HKSE:00083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino Land Co Ltd (HKSE:00083) » Definitions » Debt-to-Equity

Traded in Other Exchanges

SNLAY:USA SNLAF:USA SNO:Germany

Address

Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.sino.com

Sino Land Co Ltd is a property developer mainly engaged in residential development in Hong Kong. It also holds a portfolio of investment properties in the city, mostly commercial properties adjoining the housing projects it built in the past. Many of its residential projects were developed in joint ventures with government-related entities such as MTR and Urban Renewal Authority. Rental income and property development account for the majority of the earnings, mainly derived from Hong Kong. Hotel and other segments account for the remaining of the earnings. The company is 55% owned by Tsim Sha Tsui Properties, an entity controlled by the estate of the late Mr. Ng Teng Fong, the company's founder.

Sino Land Co (HKSE:00083) Headlines

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