Shenzhen SDG Service Co (SZSE:300917) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Shenzhen SDG Service Co Debt-to-Equity?

Shenzhen SDG Service Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥14 Mil. Shenzhen SDG Service Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥19 Mil. Shenzhen SDG Service Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,064 Mil. Shenzhen SDG Service Co's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 Shenzhen SDG Service Co's Debt-to-Equity or its related term are showing as below:

SZSE:300917' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.2
Current: 0.03

During the past 8 years, the highest Debt-to-Equity Ratio of Shenzhen SDG Service Co was 0.20. The lowest was 0.00. And the median was 0.02.

SZSE:300917's Debt-to-Equity is ranked better than
95% of 1580 companies
in the Real Estate industry
Industry Median: 0.75 vs SZSE:300917: 0.03

Shenzhen SDG Service Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen SDG Service 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.

Shenzhen SDG Service Co Debt-to-Equity Chart

Shenzhen SDG Service Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.03

Shenzhen SDG Service Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.02	0.03	0.03	0.03

Competitive Comparison of Shenzhen SDG Service Co's Debt-to-Equity

For the Real Estate Services subindustry, Shenzhen SDG Service 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.

Shenzhen SDG Service Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen SDG Service Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen SDG Service Co's Debt-to-Equity falls into.

Shenzhen SDG Service Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen SDG Service 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
	=	(13.596	+	21.48)	/	1029.544
	=	0.03

Shenzhen SDG Service Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(13.596	+	19.227)	/	1063.699
	=	0.03

Shenzhen SDG Service Co (SZSE:300917) 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.

Shenzhen SDG Service Co Debt-to-Equity Related Terms

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Shenzhen SDG Service Co (SZSE:300917) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen SDG Service Co Ltd (SZSE:300917) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

1010 Qiaoxiang Road, Xiangmihu Street, 5th Floor, Tefa Cultural and Creative Plaza, Futian District, Shenzhen, CHN, 518029

Website

http://www.tefafuwu.com

Shenzhen SDG Service Co Ltd is focused on providing facility management services. The company's services include comprehensive facility management, space management, safety assurance, environmental management, high-end reception, conference services and others. The projects managed include high-tech parks, commercial complexes, government agencies, schools, residential buildings and other types.

Shenzhen SDG Service Co (SZSE:300917) Headlines

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