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China Jinmao Holdings Group (HKSE:00817) Debt-to-EBITDA : -23.70 (As of Dec. 2023)


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What is China Jinmao Holdings Group Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

China Jinmao Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$26,313 Mil. China Jinmao Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$114,231 Mil. China Jinmao Holdings Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-5,929 Mil. China Jinmao Holdings Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -23.70.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for China Jinmao Holdings Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:00817' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.85   Med: 6.34   Max: 106.17
Current: 106.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Jinmao Holdings Group was 106.17. The lowest was 3.85. And the median was 6.34.

HKSE:00817's Debt-to-EBITDA is ranked worse than
97.54% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs HKSE:00817: 106.17

China Jinmao Holdings Group Debt-to-EBITDA Historical Data

The historical data trend for China Jinmao Holdings Group's Debt-to-EBITDA 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 Jinmao Holdings Group Debt-to-EBITDA Chart

China Jinmao Holdings Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.17 7.58 6.69 9.42 106.17

China Jinmao Holdings Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.26 7.30 11.80 16.43 -23.70

Competitive Comparison of China Jinmao Holdings Group's Debt-to-EBITDA

For the Real Estate - Development subindustry, China Jinmao Holdings Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Jinmao Holdings Group's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Jinmao Holdings Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Jinmao Holdings Group's Debt-to-EBITDA falls into.



China Jinmao Holdings Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

China Jinmao Holdings Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(26312.621 + 114231.029) / 1323.761
=106.17

China Jinmao Holdings Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(26312.621 + 114231.029) / -5929.07
=-23.70

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.


China Jinmao Holdings Group  (HKSE:00817) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


China Jinmao Holdings Group Debt-to-EBITDA Related Terms

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


China Jinmao Holdings Group (HKSE:00817) Business Description

Traded in Other Exchanges
Address
No. 1 Harbour Road, Room 4702-4703, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG
China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China, and listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in higher-tier cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and as the second largest shareholder.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Hua Xiang Gang Ji Tuan You Xian Gong Si 2101 Beneficial owner
Zhong Guo Zhong Hua Kong Gu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ping An Ren Shou Bao Xian Gu Fen You Xian Gong Si 2501 Other
Ping An Of China Asset Management (hong Kong) Company Limited
New China Asset Management Company Limited 2201 Interest of corporation controlled by you
New China Life Insurance Company Ltd. 2201 Interest of corporation controlled by you
New China Asset Management (hong Kong) Limited 2201 Interest of corporation controlled by you

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