Hevol Services Group Co (HKSE:06093) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is Hevol Services Group Co Debt-to-Equity?

Hevol Services Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$28 Mil. Hevol Services Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$48 Mil. Hevol Services Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$762 Mil. Hevol Services Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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 Hevol Services Group Co's Debt-to-Equity or its related term are showing as below:

HKSE:06093' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.1
Current: 0.1

During the past 8 years, the highest Debt-to-Equity Ratio of Hevol Services Group Co was 0.10. The lowest was 0.01. And the median was 0.03.

HKSE:06093's Debt-to-Equity is ranked better than
87.07% of 1578 companies
in the Real Estate industry
Industry Median: 0.755 vs HKSE:06093: 0.10

Hevol Services Group Co Debt-to-Equity Historical Data

The historical data trend for Hevol Services Group 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.

Hevol Services Group Co Debt-to-Equity Chart

Hevol Services Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.01

0.03

0.10

Hevol Services Group Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.01	0.01	0.03	0.03	0.10

Competitive Comparison of Hevol Services Group Co's Debt-to-Equity

For the Real Estate Services subindustry, Hevol Services Group 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.

Hevol Services Group Co's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Hevol Services Group Co's Debt-to-Equity falls into.

Hevol Services Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hevol Services Group 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
	=	(28.413	+	48.137)	/	762.314
	=	0.10

Hevol Services Group 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
	=	(28.413	+	48.137)	/	762.314
	=	0.10

Hevol Services Group Co (HKSE:06093) 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.

Hevol Services Group Co Debt-to-Equity Related Terms

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Hevol Services Group Co (HKSE:06093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hevol Services Group Co Ltd (HKSE:06093) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18A Zhongguancun South Street, 16th Floor, Block D, Newlogo International Building, Haidian District, Beijing, CHN, 100081

Website

http://www.hevolwy.com.cn

Hevol Services Group Co Ltd is engaged in the provision of property management services and related value-added services in the PRC. The firm's operating segments are Property management services, Community value-added services, and Value-added services to non-property owners. The company generates a majority of its revenue from the Property management segment. Geographically, it generates revenue from the People's Republic of China. The company's projects are Sanya Hehong Holiday Sunshine, Chongqing Hehong Wenhua Mansion, and Changsha Hehong Taoli Chunfeng among others.

Executives

Brilliant Brother Group Limited	2101 Beneficial owner
Liu Hong	2202 Interest of your spouse
Liu Jiang	2201 Interest of corporation controlled by you

Hevol Services Group Co (HKSE:06093) Headlines

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