Runhua Living Service Group Holdings (HKSE:02455) Debt-to-Equity : 0.59 (As of Jun. 2023)

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What is Runhua Living Service Group Holdings Debt-to-Equity?

Runhua Living Service Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$101.3 Mil. Runhua Living Service Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$105.0 Mil. Runhua Living Service Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$347.7 Mil. Runhua Living Service Group Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.59.

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 Runhua Living Service Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:02455' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 0.98 Max: 2.19
Current: 0.5

During the past 5 years, the highest Debt-to-Equity Ratio of Runhua Living Service Group Holdings was 2.19. The lowest was 0.59. And the median was 0.98.

HKSE:02455's Debt-to-Equity is ranked better than
61.68% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs HKSE:02455: 0.50

Runhua Living Service Group Holdings Debt-to-Equity Historical Data

The historical data trend for Runhua Living Service Group 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.

Runhua Living Service Group Holdings Debt-to-Equity Chart

Runhua Living Service Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.43

2.19

0.96

0.89

0.50

Runhua Living Service Group Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.96	1.01	0.89	0.59	0.50

Competitive Comparison of Runhua Living Service Group Holdings's Debt-to-Equity

For the Real Estate Services subindustry, Runhua Living Service Group 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.

Runhua Living Service Group Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Runhua Living Service Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Runhua Living Service Group Holdings's Debt-to-Equity falls into.

Runhua Living Service Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Runhua Living Service Group 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
	=	(55.879	+	143.27)	/	223.845
	=	0.89

Runhua Living Service Group 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
	=	(101.259	+	104.95)	/	347.717
	=	0.59

Runhua Living Service Group Holdings (HKSE:02455) 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.

Runhua Living Service Group Holdings Debt-to-Equity Related Terms

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Runhua Living Service Group Holdings (HKSE:02455) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Runhua Living Service Group Holdings Ltd (HKSE:02455) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28988 Jingshi Road, 6th Floor, Building No. 1, Lemeng Center, Shandong Province, Jinan, CHN

Website

http://www.sdrhwy.cn

Runhua Living Service Group Holdings Ltd is a comprehensive property management service provider in China. The business activities of the company are divided into four segments in terms of nature, namely property management services; property engineering and landscape construction services; ) leasing services from property investment; and other services.

Executives

Liang Yuefeng	2202 Interest of your spouse
Luan Hangqian	2201 Interest of corporation controlled by you
Luan Tao	2201 Interest of corporation controlled by you
Springrain Investment Limited	2101 Beneficial owner
Ji Nan Huai Yin Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner

Runhua Living Service Group Holdings (HKSE:02455) Headlines

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