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Leading Holdings Group (HKSE:06999) Debt-to-Equity : 3.67 (As of Jun. 2024)


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What is Leading Holdings Group Debt-to-Equity?

Leading Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$3,691 Mil. Leading Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$2,214 Mil. Leading Holdings Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$1,608 Mil. Leading Holdings Group's debt to equity for the quarter that ended in Jun. 2024 was 3.67.

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

HKSE:06999' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95   Med: 1.97   Max: 3.67
Current: 3.67

During the past 7 years, the highest Debt-to-Equity Ratio of Leading Holdings Group was 3.67. The lowest was 0.95. And the median was 1.97.

HKSE:06999's Debt-to-Equity is ranked worse than
93.77% of 1558 companies
in the Real Estate industry
Industry Median: 0.735 vs HKSE:06999: 3.67

Leading Holdings Group Debt-to-Equity Historical Data

The historical data trend for Leading Holdings 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.

Leading Holdings Group Debt-to-Equity Chart

Leading Holdings Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 2.25 1.97 1.52 2.42 3.13

Leading Holdings Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 2.42 2.30 3.13 3.67

Competitive Comparison of Leading Holdings Group's Debt-to-Equity

For the Real Estate - Development subindustry, Leading Holdings 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.


Leading Holdings Group's Debt-to-Equity Distribution in the Real Estate Industry

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

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



Leading Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leading Holdings Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Leading Holdings Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Leading Holdings Group  (HKSE:06999) 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.


Leading Holdings Group Debt-to-Equity Related Terms

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


Leading Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
No. 151, 2nd Tianfu Street, Leading International Finance Center, 46th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN
Leading Holdings Group Ltd is focused on the development and sale of residential and commercial properties. In addition, the group holds a portion of commercial properties for investment purpose and are engaged in the hotel management business. Further, it also provides project management services. It operates in three segments: Property development, Commercial property investment, and operations, and Hotel operations, of which the majority of its revenue comes from the Property development segment. Its operations are conducted in Mainland China.
Executives
Liu Yuhui 2201 Interest of corporation controlled by you
Chen Ao Ao 2202 Interest of your spouse
Hou Sanli 2201 Interest of corporation controlled by you
Lan Tian 2202 Interest of your spouse
Liu Ce 2201 Interest of corporation controlled by you
Liu Haowei 2201 Interest of corporation controlled by you
Liu Shan 2202 Interest of your spouse
Liu Yuqi 2202 Interest of your spouse
Long Yiqin 2201 Interest of corporation controlled by you
Wang Tao 2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited 2101 Beneficial owner
Yue Lai Investment Limited 2101 Beneficial owner
Ling Yue Capital Holding Limited 2101 Beneficial owner
Yuan Di Capital Limited 2101 Beneficial owner

Leading Holdings Group Headlines

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