Sunkwan Properties Group (HKSE:06900) Debt-to-Equity : 65.84 (As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Sunkwan Properties Group Debt-to-Equity?

Sunkwan Properties Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$9,386 Mil. Sunkwan Properties Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$1,987 Mil. Sunkwan Properties Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$173 Mil. Sunkwan Properties Group's debt to equity for the quarter that ended in Jun. 2023 was 65.84.

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 Sunkwan Properties Group's Debt-to-Equity or its related term are showing as below:

HKSE:06900' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.88 Med: 8 Max: 65.84
Current: 65.84

During the past 6 years, the highest Debt-to-Equity Ratio of Sunkwan Properties Group was 65.84. The lowest was 3.88. And the median was 8.00.

HKSE:06900's Debt-to-Equity is ranked worse than
99.5% of 1586 companies
in the Real Estate industry
Industry Median: 0.755 vs HKSE:06900: 65.84

Sunkwan Properties Group Debt-to-Equity Historical Data

The historical data trend for Sunkwan Properties 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.

Sunkwan Properties Group Debt-to-Equity Chart

Sunkwan Properties Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

12.33

8.00

3.88

4.51

20.43

Sunkwan Properties Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial					5.39	4.51	5.71	20.43	65.84

Competitive Comparison of Sunkwan Properties Group's Debt-to-Equity

For the Real Estate - Development subindustry, Sunkwan Properties 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.

Sunkwan Properties Group's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Sunkwan Properties Group's Debt-to-Equity falls into.

Sunkwan Properties Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunkwan Properties Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(8869.335	+	2806.565)	/	571.424
	=	20.43

Sunkwan Properties Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(9386.323	+	1987.33)	/	172.748
	=	65.84

Sunkwan Properties Group (HKSE:06900) 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.

Sunkwan Properties Group Debt-to-Equity Related Terms

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

Sunkwan Properties Group (HKSE:06900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunkwan Properties Group Ltd (HKSE:06900) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN

Website

http://www.sunkwan.com.cn

Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.

Executives

Chen Peng	2202 Interest of your spouse
Fulva Holding Limited	2201 Interest of corporation controlled by you
Northern American Trust Company, Llc	2301 Trustee
Yongheng Holdings Limited	2101 Beneficial owner
Zhu Jing	2307 Founder of a discretionary trust who can infl
Ginkgo Gofar Holdings Limited	2101 Beneficial owner
Lin Jinfeng	2201 Interest of corporation controlled by you

Sunkwan Properties Group (HKSE:06900) Headlines

No Headlines