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Shimao Services Holdings (HKSE:00873) Liabilities-to-Assets : 0.39 (As of Dec. 2023)


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What is Shimao Services Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Shimao Services Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$6,118 Mil. Shimao Services Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$15,575 Mil. Therefore, Shimao Services Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.39.


Shimao Services Holdings Liabilities-to-Assets Historical Data

The historical data trend for Shimao Services Holdings's Liabilities-to-Assets 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.

Shimao Services Holdings Liabilities-to-Assets Chart

Shimao Services Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.94 0.38 0.49 0.43 0.39

Shimao Services Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.49 0.43 0.43 0.39

Competitive Comparison of Shimao Services Holdings's Liabilities-to-Assets

For the Real Estate Services subindustry, Shimao Services Holdings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Shimao Services Holdings's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shimao Services Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Shimao Services Holdings's Liabilities-to-Assets falls into.



Shimao Services Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Shimao Services Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=6118.473/15575.453
=0.39

Shimao Services Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=6118.473/15575.453
=0.39

* 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.


Shimao Services Holdings  (HKSE:00873) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Shimao Services Holdings Liabilities-to-Assets Related Terms

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Shimao Services Holdings (HKSE:00873) Business Description

Traded in Other Exchanges
Address
No. 55, West Weifang Road, 26th Floor, Shanghai Shimao Tower, Shanghai, CHN, 200120
Shimao Services Holdings Ltd is a property management and community living service provider in the PRC. The company operates in business in four lines namely property management services; community value-added services; value-added services to non-property owners and city services. It offers a wide range of property management services to property developers, property owners and residents. Its value-added services to non-property owners include sales office management services; preliminary planning and design consultancy services; and repair and maintenance services.

Shimao Services Holdings (HKSE:00873) Headlines

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