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Tieling Newcity Investment Holding (Group) (SZSE:000809) Debt-to-Revenue : 59.59 (As of Mar. 2024)


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What is Tieling Newcity Investment Holding (Group) Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Tieling Newcity Investment Holding (Group)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥390.10 Mil. Tieling Newcity Investment Holding (Group)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥285.43 Mil. Tieling Newcity Investment Holding (Group)'s annualized Revenue for the quarter that ended in Mar. 2024 was ¥11.34 Mil. Tieling Newcity Investment Holding (Group)'s annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 59.59.


Tieling Newcity Investment Holding (Group) Debt-to-Revenue Historical Data

The historical data trend for Tieling Newcity Investment Holding (Group)'s Debt-to-Revenue 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.

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Tieling Newcity Investment Holding (Group) Debt-to-Revenue Chart

Tieling Newcity Investment Holding (Group) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.43 6.43 9.54 4.52 30.10

Tieling Newcity Investment Holding (Group) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.31 52.49 36.87 21.67 59.59

Competitive Comparison of Tieling Newcity Investment Holding (Group)'s Debt-to-Revenue

For the Real Estate - Development subindustry, Tieling Newcity Investment Holding (Group)'s Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Tieling Newcity Investment Holding (Group)'s Debt-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tieling Newcity Investment Holding (Group)'s Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tieling Newcity Investment Holding (Group)'s Debt-to-Revenue falls into.



Tieling Newcity Investment Holding (Group) Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Tieling Newcity Investment Holding (Group)'s Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(429.438 + 286.564) / 23.785
=30.10

Tieling Newcity Investment Holding (Group)'s annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(390.099 + 285.433) / 11.336
=59.59

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Tieling Newcity Investment Holding (Group) Debt-to-Revenue Related Terms

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Tieling Newcity Investment Holding (Group) (SZSE:000809) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Jinshajiang Road, Fanhe New District, Liaoning Province, Tieling, CHN, 112000
Tieling Newcity Investment Holding Ltd is a China-based company engaged in the land development projects. Its business activities include first-level development business and urban operations. The first-level development business division includes municipal infrastructure construction and land project development. And the urban operations division includes water supply, sewage treatment, taxi operations, and advertising media.
Executives
Han Guang Lin Director
Li Shi Fan Director
Zhu Heng Director
Li Jing Chuan Supervisors

Tieling Newcity Investment Holding (Group) (SZSE:000809) Headlines

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