JY Grandmark Holdings (HKSE:02231) Debt-to-Equity : 8.34 (As of Dec. 2023)

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What is JY Grandmark Holdings Debt-to-Equity?

JY Grandmark Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,475.9 Mil. JY Grandmark Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$104.0 Mil. JY Grandmark Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$429.2 Mil. JY Grandmark Holdings's debt to equity for the quarter that ended in Dec. 2023 was 8.34.

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 JY Grandmark Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:02231' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.05 Med: 1.57 Max: 10.88
Current: 8.34

During the past 8 years, the highest Debt-to-Equity Ratio of JY Grandmark Holdings was 10.88. The lowest was 1.05. And the median was 1.57.

HKSE:02231's Debt-to-Equity is ranked worse than
98.23% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:02231: 8.34

JY Grandmark Holdings Debt-to-Equity Historical Data

The historical data trend for JY Grandmark Holdings'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.

JY Grandmark Holdings Debt-to-Equity Chart

JY Grandmark Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.24

1.05

1.47

1.64

8.34

JY Grandmark Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									1.47	1.50	1.64	1.95	8.34

Competitive Comparison of JY Grandmark Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, JY Grandmark Holdings'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.

JY Grandmark Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, JY Grandmark Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where JY Grandmark Holdings's Debt-to-Equity falls into.

JY Grandmark Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JY Grandmark Holdings'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
	=	(3475.893	+	104.03)	/	429.214
	=	8.34

JY Grandmark Holdings'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
	=	(3475.893	+	104.03)	/	429.214
	=	8.34

JY Grandmark Holdings (HKSE:02231) 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.

JY Grandmark Holdings Debt-to-Equity Related Terms

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JY Grandmark Holdings (HKSE:02231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » JY Grandmark Holdings Ltd (HKSE:02231) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 106, Fengze East Road, JY Grandmark Building, Nansha District, Guangdong Province, Guangzhou, CHN

Website

http://www.jygrandmark.com

JY Grandmark Holdings Ltd is a provider of property developers, operators, and property management services. The company offers residential properties to its customers in Guangdong and Hainan provinces of China. It has landed in Guangdong, Hainan, Yunnan, and Hunan provinces for further development. The Group is organized into four business segments: Property development and sales, Commercial property investment, Hotel operations, and Property management. The Property development and sales segment act as a key revenue driver for the firm.

Executives

Iq Eq (bvi) Limited	2301 Trustee
Sze Ming Limited	2101 Beneficial owner
Chan Sze Ming Michael	2307 Founder of a discretionary trust who can infl
Shum Wing Yin	2202 Interest of your spouse

JY Grandmark Holdings (HKSE:02231) Headlines

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