China Resources Mixc Lifestyle Services (HKSE:01209) Debt-to-Equity : 0.16 (As of Jun. 2023)

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What is China Resources Mixc Lifestyle Services Debt-to-Equity?

China Resources Mixc Lifestyle Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$112 Mil. China Resources Mixc Lifestyle Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$2,559 Mil. China Resources Mixc Lifestyle Services's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$16,331 Mil. China Resources Mixc Lifestyle Services's debt to equity for the quarter that ended in Jun. 2023 was 0.16.

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 Resources Mixc Lifestyle Services's Debt-to-Equity or its related term are showing as below:

HKSE:01209' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.17 Max: 4.13
Current: 0.15

During the past 7 years, the highest Debt-to-Equity Ratio of China Resources Mixc Lifestyle Services was 4.13. The lowest was 0.13. And the median was 0.17.

HKSE:01209's Debt-to-Equity is ranked better than
82.7% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:01209: 0.15

China Resources Mixc Lifestyle Services Debt-to-Equity Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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 Resources Mixc Lifestyle Services Debt-to-Equity Chart

China Resources Mixc Lifestyle Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.27

0.15

0.16

0.17

0.15

China Resources Mixc Lifestyle Services Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.16	0.13	0.17	0.16	0.15

Competitive Comparison of China Resources Mixc Lifestyle Services's Debt-to-Equity

For the Real Estate Services subindustry, China Resources Mixc Lifestyle Services'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 Resources Mixc Lifestyle Services's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Resources Mixc Lifestyle Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Resources Mixc Lifestyle Services's Debt-to-Equity falls into.

China Resources Mixc Lifestyle Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Resources Mixc Lifestyle Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(111.398	+	2570.635)	/	15946.384
	=	0.17

China Resources Mixc Lifestyle Services's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(111.6	+	2559.257)	/	16331.162
	=	0.16

China Resources Mixc Lifestyle Services (HKSE:01209) 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 Resources Mixc Lifestyle Services Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Resources Mixc Lifestyle Services's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Mixc Lifestyle Services Ltd (HKSE:01209) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN

Website

https://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

China Resources Mixc Lifestyle Services (HKSE:01209) Headlines

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