Liu Chong Hing Investment (HKSE:00194) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is Liu Chong Hing Investment Debt-to-Equity?

Liu Chong Hing Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,775.7 Mil. Liu Chong Hing Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$629.5 Mil. Liu Chong Hing Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$11,566.8 Mil. Liu Chong Hing Investment's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 Liu Chong Hing Investment's Debt-to-Equity or its related term are showing as below:

HKSE:00194' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.12 Max: 0.27
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Liu Chong Hing Investment was 0.27. The lowest was 0.07. And the median was 0.12.

HKSE:00194's Debt-to-Equity is ranked better than
77.9% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs HKSE:00194: 0.21

Liu Chong Hing Investment Debt-to-Equity Historical Data

The historical data trend for Liu Chong Hing Investment'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.

Liu Chong Hing Investment Debt-to-Equity Chart

Liu Chong Hing Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.14

0.18

0.21

Liu Chong Hing Investment 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															0.14	0.17	0.18	0.21	0.21

Competitive Comparison of Liu Chong Hing Investment's Debt-to-Equity

For the Real Estate - Development subindustry, Liu Chong Hing Investment'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.

Liu Chong Hing Investment's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Liu Chong Hing Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Liu Chong Hing Investment's Debt-to-Equity falls into.

Liu Chong Hing Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Liu Chong Hing Investment'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
	=	(1775.691	+	629.514)	/	11566.79
	=	0.21

Liu Chong Hing Investment'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
	=	(1775.691	+	629.514)	/	11566.79
	=	0.21

Liu Chong Hing Investment (HKSE:00194) 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.

Liu Chong Hing Investment Debt-to-Equity Related Terms

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

Liu Chong Hing Investment (HKSE:00194) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Liu Chong Hing Investment Ltd (HKSE:00194) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

24 Des Voeux Road Central, 23rd Floor, Chong Hing Bank Centre, Hong Kong, HKG

Website

https://www.lchi.com.hk

Liu Chong Hing Investment Ltd is an investment holding company engaged in property investment and property development. It has six operating segments the Property Investment segment is engaged in the investment and leasing of properties; the Property Development segment is engaged in the development and sales of properties; the Property Management segment is engaged in the provision of property management services; Treasury Investment is engaged in dealing and investing in securities and other financial instruments; Trading and Manufacturing segment is engaged in the manufacture and wholesale of magnetic products; Hotel Operation segment is engaged in the operation and management of hotels, and it derives the maximum revenue from the Property investment segment.

Executives

Alba Holdings Limited	2101 Beneficial owner
Liu Lit Chi	2201 Interest of corporation controlled by you

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