Poly Property Services Co (HKSE:06049) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Poly Property Services Co Debt-to-Equity?

Poly Property Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$47 Mil. Poly Property Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$75 Mil. Poly Property Services Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$9,538 Mil. Poly Property Services Co's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Poly Property Services Co's Debt-to-Equity or its related term are showing as below:

HKSE:06049' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.04
Current: 0.01

During the past 8 years, the highest Debt-to-Equity Ratio of Poly Property Services Co was 0.04. The lowest was 0.00. And the median was 0.02.

HKSE:06049's Debt-to-Equity is ranked better than
99.94% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:06049: 0.01

Poly Property Services Co Debt-to-Equity Historical Data

The historical data trend for Poly Property Services 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.

Poly Property Services Co Debt-to-Equity Chart

Poly Property Services Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.02

0.01

Poly Property Services Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.02	0.01	0.01	0.01

Competitive Comparison of Poly Property Services Co's Debt-to-Equity

For the Real Estate Services subindustry, Poly Property Services 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.

Poly Property Services Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Poly Property Services Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Poly Property Services Co's Debt-to-Equity falls into.

Poly Property Services Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Poly Property Services 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
	=	(47.147	+	75.031)	/	9537.648
	=	0.01

Poly Property Services Co's Debt to Equity Ratio for the quarter 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
	=	(47.147	+	75.031)	/	9537.648
	=	0.01

Poly Property Services Co (HKSE:06049) 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.

Poly Property Services Co Debt-to-Equity Related Terms

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

Poly Property Services Co (HKSE:06049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Property Services Co Ltd (HKSE:06049) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 832 Yue Jiang Zhong Road, 48-49th Floor, Poly Plaza, Hai Zhu District, Guangdong Province, Guangzhou, CHN

Website

https://www.polywuye.com

Originally listed on the NEEQ and re-listed on the Hong Kong Exchange on April 2019, Poly Property Services, or PPS, is a major property management services, or PMS, company headquartered in Guangzhou, China, established since 1996 with a nationwide coverage. PPS is differentiated by its SOE background with 72% ownership by property developer Poly Developments and Holdings, or PDH, which is in turn part of ultimate controlling shareholder China Poly Group, a state-owned conglomerate. Aside from a highly scalable GFA under management, or GUM, driven by PDH's property development scale, the SOE status also enables PPS to be a leading provider of PMS for the management of public properties.

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