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Joy City Property (HKSE:00207) Liabilities-to-Assets : 0.61 (As of Dec. 2023)


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What is Joy City Property Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Joy City Property's Total Liabilities for the quarter that ended in Dec. 2023 was HK$95,358 Mil. Joy City Property's Total Assets for the quarter that ended in Dec. 2023 was HK$157,088 Mil. Therefore, Joy City Property's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.61.


Joy City Property Liabilities-to-Assets Historical Data

The historical data trend for Joy City Property's Liabilities-to-Assets 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.

Joy City Property Liabilities-to-Assets Chart

Joy City Property Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.57 0.56 0.59 0.61

Joy City Property Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.56 0.57 0.59 0.61 0.61

Competitive Comparison of Joy City Property's Liabilities-to-Assets

For the Real Estate - Diversified subindustry, Joy City Property's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Joy City Property's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Joy City Property's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Joy City Property's Liabilities-to-Assets falls into.



Joy City Property Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Joy City Property's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=95357.557/157087.515
=0.61

Joy City Property's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=95357.557/157087.515
=0.61

* 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.


Joy City Property  (HKSE:00207) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Joy City Property Liabilities-to-Assets Related Terms

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Joy City Property (HKSE:00207) Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, 33rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG
Joy City Property Ltd is a large-scale commercial property developer and operator, working on the development, operation, sales, leasing and management of mixed-use complexes and other commercial properties such as shopping centers, hotels, offices, serviced apartments and resort and tourist properties in China. Rental income accounts for majority of the operating profit. The company's portfolio consists of various retail malls under the flagship brand of Joy City, and some office and hotel assets. Recently, it introduced a second brand called Joy Breeze, consisting of smaller retail assets. The businesses of the Group are divided into four areas, namely investment properties, property development, hotel operations and output management and other services.

Joy City Property (HKSE:00207) Headlines

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