Shangri-La Asia Limited

HKSE 0069.HK

Shangri-La Asia Limited Debt to Equity Ratio for the year ending December 31, 2023: 1.20

Shangri-La Asia Limited Debt to Equity Ratio is 1.20 for the year ending December 31, 2023, a 1.93% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Shangri-La Asia Limited Debt to Equity Ratio for the year ending December 31, 2022 was 1.18, a 11.07% change year over year.
Shangri-La Asia Limited Debt to Equity Ratio for the year ending December 31, 2021 was 1.06, a 0.45% change year over year.
Shangri-La Asia Limited Debt to Equity Ratio for the year ending December 31, 2020 was 1.05, a 10.89% change year over year.
Shangri-La Asia Limited Debt to Equity Ratio for the year ending December 31, 2019 was 0.95, a 16.36% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

HKSE: 0069.HK

Shangri-La Asia Limited

CEO	Mr. Chuen Kee Paw
IPO Date	June 17, 1993
Location	Hong Kong
Headquarters	Kerry Centre
Employees	25,600
Sector	Consumer Discretionary
Industries Hospitality Bars & Pubs Casinos Cruise Lines Hotels Restaurants Theme Parks

Description

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through four segments: Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks. It is also involved in the hotel ownership, and property rental and sale business; and property investment, as well as wines trading activities. The company operates hotels under the Shangri-La Hotels and Resorts, Kerry Hotels, JEN by Shangri-La, Traders Hotel, Rasa, Summer Palace, and Shang Palace, as well as CHI, The Spa at Shangri-La brand names. As of December 31, 2021, it had equity interests in 80 operating hotels and 3 hotels under operating lease with 35,154 rooms. Shangri-La Asia Limited was founded in 1971 and is headquartered in Quarry Bay, Hong Kong.

Key trends

Past 5 years