Zhong Ao Home Group (HKSE:01538) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Zhong Ao Home Group Debt-to-Equity?

Zhong Ao Home Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$62 Mil. Zhong Ao Home Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5 Mil. Zhong Ao Home Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,061 Mil. Zhong Ao Home Group's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Zhong Ao Home Group's Debt-to-Equity or its related term are showing as below:

HKSE:01538' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.14 Max: 0.33
Current: 0.06

During the past 10 years, the highest Debt-to-Equity Ratio of Zhong Ao Home Group was 0.33. The lowest was 0.06. And the median was 0.14.

HKSE:01538's Debt-to-Equity is ranked better than
91.01% of 1579 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:01538: 0.06

Zhong Ao Home Group Debt-to-Equity Historical Data

The historical data trend for Zhong Ao Home 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.

Zhong Ao Home Group Debt-to-Equity Chart

Zhong Ao Home Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.14

0.08

0.07

0.06

Zhong Ao Home Group Semi-Annual Data
	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														0.08	0.09	0.07	0.06	0.06

Competitive Comparison of Zhong Ao Home Group's Debt-to-Equity

For the Real Estate Services subindustry, Zhong Ao Home 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.

Zhong Ao Home Group's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhong Ao Home Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhong Ao Home Group's Debt-to-Equity falls into.

Zhong Ao Home Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhong Ao Home Group'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
	=	(62.424	+	4.579)	/	1061.324
	=	0.06

Zhong Ao Home Group'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
	=	(62.424	+	4.579)	/	1061.324
	=	0.06

Zhong Ao Home Group (HKSE:01538) 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.

Zhong Ao Home Group Debt-to-Equity Related Terms

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

Zhong Ao Home Group (HKSE:01538) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong Ao Home Group Ltd (HKSE:01538) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Baichen Lu, Chihua She Qu, 1601 Block 1, Pacific Dingwang Commercial Center, Chencun Town, Shunde District, Foshan, CHN

Website

http://www.gdzawy.com

Zhong Ao Home Group Ltd is an investment holding company mainly engaged in the provision of property management services, sales assistance services, provision of cleaning and greening services, and provision of real estate agency services in the People's Republic of China. All of the activities are carried out across China which represents Southern Region, Eastern and Central Region, and the Northern Region. It generates a vast majority of its revenues from the property management business.

Executives

Liu Jian	2307 Founder of a discretionary trust who can infl
Hilton Assets (ptc) Limited	2301 Trustee
Qichang International Limited	2101 Beneficial owner
Greentown Service Group Co. Ltd.	2101 Beneficial owner

Zhong Ao Home Group (HKSE:01538) Headlines

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