Times Neighborhood Holdings (HKSE:09928) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Times Neighborhood Holdings Debt-to-Equity?

Times Neighborhood Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5 Mil. Times Neighborhood Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4 Mil. Times Neighborhood Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,478 Mil. Times Neighborhood Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

HKSE:09928' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 15.55
Current: 0.01

During the past 8 years, the highest Debt-to-Equity Ratio of Times Neighborhood Holdings was 15.55. The lowest was 0.01. And the median was 0.02.

HKSE:09928's Debt-to-Equity is ranked better than
99.94% of 1579 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:09928: 0.01

Times Neighborhood Holdings Debt-to-Equity Historical Data

The historical data trend for Times Neighborhood 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.

Times Neighborhood Holdings Debt-to-Equity Chart

Times Neighborhood Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

Times Neighborhood 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									0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Times Neighborhood Holdings's Debt-to-Equity

For the Real Estate Services subindustry, Times Neighborhood 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.

Times Neighborhood Holdings's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Times Neighborhood Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Times Neighborhood 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
	=	(5.078	+	4.37)	/	1477.69
	=	0.01

Times Neighborhood 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
	=	(5.078	+	4.37)	/	1477.69
	=	0.01

Times Neighborhood Holdings (HKSE:09928) 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.

Times Neighborhood Holdings Debt-to-Equity Related Terms

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Times Neighborhood Holdings (HKSE:09928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Times Neighborhood Holdings Ltd (HKSE:09928) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 410 Dongfeng Middle Road, Room 1103, 11th Floor, Yuexiu District, Guangdong Province, Guangzhou, CHN

Website

http://www.shidaiwuye.com

Times Neighborhood Holdings Ltd. is an investment holding company engaged in the provision of property management services which include value-added services for non-property owners, community value-added services, and other professional services are among the company's offerings. The group's revenue comes entirely from its Mainland China operations.

Executives

Shum Chiu Hung
Xingtai Capital Management Limited	2102 Investment manager
Sumitomo Mitsui Financial Group, Inc.	2201 Interest of corporation controlled by you
Li Yiping	2201 Interest of corporation controlled by you
Dong Li Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Jia Ming Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Chao Da Chuang Tou You Xian Gong Si	2201 Interest of corporation controlled by you
Zhuo Yuan Chuang Tou You Xian Gong Si	2101 Beneficial owner

Times Neighborhood Holdings (HKSE:09928) Headlines

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