Kowloon Development Co (HKSE:00034) LT-Debt-to-Total-Asset: 0.46 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00034 Kowloon Development Co Ltd HKSE:00034
75 GF Score
Price HK$4.50
GF Value HK$5.38
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Kowloon Development Co LT-Debt-to-Total-Asset?

Kowloon Development Co HKSE:00034 +3.93% 75 LT-Debt-to-Total-Asset is 0.46 as of Dec. 2025. GuruFocus rates HKSE:00034 with a GF Score™ of 75/100 and a GF Value™ of HK$5.38 (Modestly Undervalued). The stock has 5 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Kowloon Development Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2025 was 0.46.

Kowloon Development Co's long-term debt to total assets ratio increased from Dec. 2024 (0.42) to Dec. 2025 (0.46). It may suggest that Kowloon Development Co is progressively becoming more dependent on debt to grow their business.

Kowloon Development Co  (HKSE:00034) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Kowloon Development Co LT-Debt-to-Total-Asset Related Terms

Kowloon Development Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Kowloon Development Co's LT-Debt-to-Total-Asset 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.

Kowloon Development Co LT-Debt-to-Total-Asset Chart

Kowloon Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.20 0.42 0.42 0.46

Kowloon Development Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
LT-Debt-to-Total-Asset 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 0.39 0.42 0.45 0.46 0.22
HKSE:00034
75GF Score
Kowloon Development Co Ltd HKSE:00034
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kowloon Development Co LT-Debt-to-Total-Asset Calculation

Kowloon Development Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=18953.031/41486.178
=0.46

Kowloon Development Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (Q: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2025 )/Total Assets (Q: Dec. 2025 )
=18953.031/41486.178
=0.46

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.46 mean?
Kowloon Development Co (HKSE:00034) has a LT-Debt-to-Total-Asset of 0.46 as of Dec. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Kowloon Development Co and its competitors.
Is Kowloon Development Co's LT-Debt-to-Total-Asset too high?
Kowloon Development Co's current LT-Debt-to-Total-Asset is 0.46. Overall, Kowloon Development Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kowloon Development Co's LT-Debt-to-Total-Asset compare to competitors?
Kowloon Development Co's LT-Debt-to-Total-Asset of 0.46 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Real Estate company?
A good LT-Debt-to-Total-Asset depends on the Real Estate industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Kowloon Development Co and its competitors. Kowloon Development Co's current LT-Debt-to-Total-Asset is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kowloon Development Co stock overvalued right now?
Based on GuruFocus' analysis, Kowloon Development Co (HKSE:00034) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$5.38, compared to a current price of HK$4.50 — trading 16.4% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.46. Kowloon Development Co's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Kowloon Development Co (HKSE:00034), the current LT-Debt-to-Total-Asset is 0.46 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kowloon Development Co (HKSE:00034) Overvalued in 2026?

Based on GuruFocus' analysis, Kowloon Development Co stock appears to be undervalued. The current stock price of HK$4.50 is trading 16.4% below its estimated GF Value™ of HK$5.38. GuruFocus considers Kowloon Development Co to be Modestly Undervalued.

Key valuation signals for HKSE:00034:

  • LT-Debt-to-Total-Asset: 0.46
  • GF Value™: HK$5.38 vs. price of HK$4.50 (16.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kowloon Development Co Business Description

Other Exchanges KOX:Germany
Address 750 Nathan Road, 23rd Floor, Pioneer Centre, Kowloon, Hong Kong, HKG
Kowloon Development Co Ltd is an investment holding company. It operates in three segments: Property development, which includes the development and sale of properties and interests in property development; Property investment segment includes leasing of properties to generate rental income and to gain from the appreciation in the properties' values in the long term; and Other businesses segment, which includes the financial investments, the provision of financial services, the provision of property management services and treasury operations. The company generates the majority of its revenue from the sale of properties. Its geographical segments are Hong Kong, which accounts for the majority of revenue; Mainland China; and Others.
75GF Score

Get the complete analysis for HKSE:00034

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$4.50
Price
HK$5.38
GF Value