China City Infrastructure Group (HKSE:02349) Debt-to-Equity : 0.61 (As of Jun. 2024)

View and export this data going back to 2003. Start your Free Trial

What is China City Infrastructure Group Debt-to-Equity?

China City Infrastructure Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$31.37 Mil. China City Infrastructure Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$334.99 Mil. China City Infrastructure Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$605.57 Mil. China City Infrastructure Group's debt to equity for the quarter that ended in Jun. 2024 was 0.60.

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 China City Infrastructure Group's Debt-to-Equity or its related term are showing as below:

HKSE:02349' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.91 Max: 1.77
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of China City Infrastructure Group was 1.77. The lowest was 0.34. And the median was 0.91.

HKSE:02349's Debt-to-Equity is ranked better than
56.07% of 1548 companies
in the Real Estate industry
Industry Median: 0.71 vs HKSE:02349: 0.60

China City Infrastructure Group Debt-to-Equity Historical Data

The historical data trend for China City Infrastructure 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.

China City Infrastructure Group Debt-to-Equity Chart

China City Infrastructure Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

0.88

1.07

0.47

0.53

0.60

China City Infrastructure Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.47	0.52	0.53	0.61	0.60

Competitive Comparison of China City Infrastructure Group's Debt-to-Equity

For the Real Estate - Diversified subindustry, China City Infrastructure 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.

China City Infrastructure Group's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China City Infrastructure Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China City Infrastructure Group's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

China City Infrastructure Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China City Infrastructure 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
	=	(31.09	+	314.594)	/	656.399
	=	0.53

China City Infrastructure Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(31.374	+	334.99)	/	605.566
	=	0.60

China City Infrastructure Group (HKSE:02349) 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.

China City Infrastructure Group Debt-to-Equity Related Terms

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

China City Infrastructure Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China City Infrastructure Group Ltd (HKSE:02349) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suit 6208, 62nd Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.city-infrastructure.com

China City Infrastructure Group Ltd is an investment holding company. The Company focuses on property development, leasing investment properties, and property management business services in Wuhan, China. Operating primarily in Hubei Province, it serves both residential and commercial sectors in the dynamic Chinese real estate market. It operates its business through four segments: the Property Development Business segment, which engages in the development of property projects; the Property Investment Business segment is engaged in the leasing of investment properties. and Property Management Business segment is engaged in the provision of property management and other services. The company generates the majority of its revenue from the PRC.

Executives

Sky Climber Development Limited	2101 Beneficial owner
Yang Zhixiong	2201 Interest of corporation controlled by you
Fu Lam Wu	2106 Person having a security interest in shares
Linkway Investment Holdings Limited
Li Chao Bo
China Financial International Investments Limited
Good Outlook Investments Limited	2101 Beneficial owner
Wang Lisha
Capital Focus Asset Management Limited
China Financial International Investments & Managements Limited

China City Infrastructure Group Headlines

No Headlines