China State Construction Development Holdings (HKSE:00830) Debt-to-Equity : 0.57 (As of Jun. 2023)

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What is China State Construction Development Holdings Debt-to-Equity?

China State Construction Development Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$786 Mil. China State Construction Development Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$622 Mil. China State Construction Development Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$2,473 Mil. China State Construction Development Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.57.

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 State Construction Development Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00830' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.62 Max: 0.94
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of China State Construction Development Holdings was 0.94. The lowest was 0.29. And the median was 0.62.

HKSE:00830's Debt-to-Equity is ranked worse than
57.47% of 1512 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:00830: 0.57

China State Construction Development Holdings Debt-to-Equity Historical Data

The historical data trend for China State Construction Development Holdings'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 State Construction Development Holdings Debt-to-Equity Chart

China State Construction Development Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.73

0.80

0.94

0.93

0.66

China State Construction Development Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.74	0.93	0.70	0.66	0.57

Competitive Comparison of China State Construction Development Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, China State Construction Development Holdings'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 State Construction Development Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, China State Construction Development Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China State Construction Development Holdings's Debt-to-Equity falls into.

China State Construction Development Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China State Construction Development Holdings'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
	=	(443.158	+	929.783)	/	2092.325
	=	0.66

China State Construction Development Holdings'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
	=	(785.74	+	622.231)	/	2473.138
	=	0.57

China State Construction Development Holdings (HKSE:00830) 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 State Construction Development Holdings Debt-to-Equity Related Terms

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China State Construction Development Holdings (HKSE:00830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China State Construction Development Holdings Ltd (HKSE:00830) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Sun Yip Street, 16th Floor, Eight Commercial Tower, Chai Wan, Hong Kong, HKG

Website

https://www.cscd.com.hk

China State Construction Development Holdings Ltd is involved in the general contracting business, the facade contracting business (including the design, engineering, manufacture, and installation of curtain wall systems) and operating management business. The company segments include Facade Contracting Works; General Contracting Works and Operating Management. It generates maximum revenue from the Facade Contracting Works segment.

China State Construction Development Holdings (HKSE:00830) Headlines

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