China Tianbao Group Development Co (HKSE:01427) Debt-to-Equity : 1.03 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is China Tianbao Group Development Co Debt-to-Equity?

China Tianbao Group Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$592 Mil. China Tianbao Group Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$553 Mil. China Tianbao Group Development Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,109 Mil. China Tianbao Group Development Co's debt to equity for the quarter that ended in Dec. 2023 was 1.03.

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 China Tianbao Group Development Co's Debt-to-Equity or its related term are showing as below:

HKSE:01427' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.57 Max: 1.03
Current: 1.03

During the past 8 years, the highest Debt-to-Equity Ratio of China Tianbao Group Development Co was 1.03. The lowest was 0.10. And the median was 0.57.

HKSE:01427's Debt-to-Equity is ranked worse than
61.25% of 1582 companies
in the Real Estate industry
Industry Median: 0.755 vs HKSE:01427: 1.03

China Tianbao Group Development Co Debt-to-Equity Historical Data

The historical data trend for China Tianbao Group Development Co'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.

China Tianbao Group Development Co Debt-to-Equity Chart

China Tianbao Group Development Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.73

0.44

0.59

0.91

1.03

China Tianbao Group Development Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.59	0.60	0.91	1.06	1.03

Competitive Comparison of China Tianbao Group Development Co's Debt-to-Equity

For the Real Estate - Diversified subindustry, China Tianbao Group Development Co'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.

China Tianbao Group Development Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Tianbao Group Development Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Tianbao Group Development Co's Debt-to-Equity falls into.

China Tianbao Group Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Tianbao Group Development Co'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
	=	(592.137	+	552.884)	/	1109.06
	=	1.03

China Tianbao Group Development Co'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
	=	(592.137	+	552.884)	/	1109.06
	=	1.03

China Tianbao Group Development Co (HKSE:01427) 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.

China Tianbao Group Development Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Tianbao Group Development Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Tianbao Group Development Co (HKSE:01427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Tianbao Group Development Co Ltd (HKSE:01427) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 33, Guanyun East Road, Hebei Province, Zhuozhou, CHN

Website

https://www.chinatbjt.com

China Tianbao Group Development Co Ltd is a property developer and construction company in Zhuozhou, a city in Hebei Province, China. The group operates through two segments: Property development and other business; and construction contracting businesses. The property development business is engaged in the development and sales of residential properties, and leasing and operation of an investment property. The construction contracting business provides construction contracting services mainly as a general contractor for building construction projects, infrastructure construction projects, and industrial and commercial construction projects.

Executives

Ai Xinting	2101 Beneficial owner
Jixiang International Industrial Company Limited	2101 Beneficial owner
Li Baotian	2201 Interest of corporation controlled by you
Zhou Chunlan	2202 Interest of your spouse

China Tianbao Group Development Co (HKSE:01427) Headlines

No Headlines