GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Ltd (SZSE:000029) » Definitions » Liabilities-to-Assets

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Liabilities-to-Assets : 0.42 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Shenzhen Special Economic Zone Real Estate And Properties (Group) Co 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. Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥2,693.0 Mil. Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Total Assets for the quarter that ended in Mar. 2024 was ¥6,472.6 Mil. Therefore, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.42.


Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Liabilities-to-Assets Historical Data

The historical data trend for Shenzhen Special Economic Zone Real Estate And Properties (Group) Co'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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Liabilities-to-Assets Chart

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co 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 0.28 0.26 0.32 0.25 0.42

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.23 0.23 0.26 0.42 0.42

Competitive Comparison of Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Liabilities-to-Assets

For the Real Estate - Diversified subindustry, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co'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.


Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Liabilities-to-Assets falls into.



Shenzhen Special Economic Zone Real Estate And Properties (Group) Co 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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co'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
=2709.17/6485.313
=0.42

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2693.015/6472.6
=0.42

* 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.


Shenzhen Special Economic Zone Real Estate And Properties (Group) Co  (SZSE:000029) 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.


Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Business Description

Traded in Other Exchanges
Address
No. 3005, Renmin South Road, 45th Floor-48th Floor, Shenfang Plaza, Guangdong, Shenzhen, CHN, 518001
Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Ltd is a real estate company. The company is engaged in real estate development and sales, property leasing and management, hotel service and construction and installation services. Its products and services include commodity housing, property leasing and management, hotel service, construction and installation service, and renovation service. The operating business division is a Real estate, Engineering and Construction, Rental services, Property management, and others. It generates maximum revenue from the Real estate division.
Executives
Lu Hai Yan Supervisors
Deng Kang Cheng Director
Zhuang Quan Supervisors
Zhou Jian Guo Director
Zong De Chun Director

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Headlines

No Headlines