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.
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.
Horizon Construction Development's quarterly Total Liabilities
increased
from Jun. 2025 (HK$27,603.68 Mil) to Dec. 2025 (HK$27,666.19 Mil) and
increased
from Dec. 2025 (HK$27,666.19 Mil) to Jun. 2026 (HK$28,619.81 Mil).
Horizon Construction Development's annual Total Liabilities
increased
from Dec. 2023 (HK$22,377.74 Mil) to Dec. 2024 (HK$26,666.00 Mil) and
increased
from Dec. 2024 (HK$26,666.00 Mil) to Dec. 2025 (HK$27,666.19 Mil).
* 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.
Horizon Construction Development Total Liabilities Chart
Horizon Construction Development Total Liabilities Calculation
Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.
* 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.
What does a Total Liabilities of HK$28,620 Mil mean?
Horizon Construction Development (HKSE:09930) has a Total Liabilities of HK$28,620 Mil as of Jun. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Horizon Construction Development and its competitors.
Is Horizon Construction Development's Total Liabilities too high?
Horizon Construction Development's current Total Liabilities is HK$28,620 Mil. Overall, Horizon Construction Development has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Horizon Construction Development's Total Liabilities compare to URI and SUNB?
Horizon Construction Development's Total Liabilities of HK$28,620 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Business Services company?
A good Total Liabilities depends on the Business Services industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Horizon Construction Development and its competitors. Horizon Construction Development's current Total Liabilities is HK$28,620 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Construction Development stock overvalued right now?
Based on GuruFocus' analysis, Horizon Construction Development (HKSE:09930) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.20, compared to a current price of HK$0.74 — trading 38.8% below its estimated fair value. The current Total Liabilities is HK$28,620 Mil. Horizon Construction Development's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Horizon Construction Development (HKSE:09930), the current Total Liabilities is HK$28,620 Mil as of Jun. 2026. 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 Horizon Construction Development (HKSE:09930) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Construction Development stock appears to be undervalued.
The current stock price of HK$0.74 is trading 38.8% below its estimated GF Value™ of HK$1.20.
GuruFocus considers Horizon Construction Development to be Possible Value Trap.
Key valuation signals for HKSE:09930:
Total Liabilities: HK$28,620 Mil
GF Value™: HK$1.20 vs. price of HK$0.74 (38.8% below fair value)
No single metric tells the full story. See the HKSE:09930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment that includes aerial work platform, neo-excavation support system, neo-formwork system and other equipment.
82GF Score
Get the complete analysis for HKSE:09930
Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:09930 has been successfully added to your 
