Sansheng Holdings (Group) Co (HKSE:02183) Debt-to-Equity : 5.78 (As of Dec. 2021)

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What is Sansheng Holdings (Group) Co Debt-to-Equity?

Sansheng Holdings (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was HK$5,778 Mil. Sansheng Holdings (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was HK$12,454 Mil. Sansheng Holdings (Group) Co's Total Stockholders Equity for the quarter that ended in Dec. 2021 was HK$3,153 Mil. Sansheng Holdings (Group) Co's debt to equity for the quarter that ended in Dec. 2021 was 5.78.

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 Sansheng Holdings (Group) Co's Debt-to-Equity or its related term are showing as below:

HKSE:02183's Debt-to-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 0.755
* Ranked among companies with meaningful Debt-to-Equity only.

Sansheng Holdings (Group) Co Debt-to-Equity Historical Data

The historical data trend for Sansheng Holdings (Group) 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.

Sansheng Holdings (Group) Co Debt-to-Equity Chart

Sansheng Holdings (Group) Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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2.01

6.60

5.32

10.20

5.78

Sansheng Holdings (Group) Co Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Debt-to-Equity	Get a 7-Day Free Trial															5.32	9.04	10.20	7.29	5.78

Competitive Comparison of Sansheng Holdings (Group) Co's Debt-to-Equity

For the Real Estate - Development subindustry, Sansheng Holdings (Group) 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.

Sansheng Holdings (Group) Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sansheng Holdings (Group) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sansheng Holdings (Group) Co's Debt-to-Equity falls into.

Sansheng Holdings (Group) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sansheng Holdings (Group) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(5777.593	+	12454.022)	/	3153.073
	=	5.78

Sansheng Holdings (Group) Co's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
	=	(5777.593	+	12454.022)	/	3153.073
	=	5.78

Sansheng Holdings (Group) Co (HKSE:02183) 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.

Sansheng Holdings (Group) Co Debt-to-Equity Related Terms

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Sansheng Holdings (Group) Co (HKSE:02183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sansheng Holdings (Group) Co Ltd (HKSE:02183) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

The Gateway Tower 6, Room 3207, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.sansheng.hk

Sansheng Holdings (Group) Co Ltd together with its subsidiaries is engaged in property development and sale, and property investment. Its portfolio includes commercial or non-residential properties. It has a geographical presence in Hong Kong and China. The company's revenue mainly derived from sales of properties, with a small proportion from investment properties rental income.

Executives

Mega Regal Limited	2101 Beneficial owner
Cheng Xuan	2202 Interest of your spouse
Lin Rongbin	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Springboard Holdings Limited	2101 Beneficial owner
Lau Luen Hung, Thomas	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Modern Times Development Limited	2201 Interest of corporation controlled by you

Sansheng Holdings (Group) Co (HKSE:02183) Headlines

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