Shangri-La Asia Limited

HKSE 0069.HK

Shangri-La Asia Limited Interest Coverage Ratio for the year ending December 31, 2023: 1.84

Shangri-La Asia Limited Interest Coverage Ratio is 1.84 for the year ending December 31, 2023, a 336.54% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Shangri-La Asia Limited Interest Coverage Ratio for the year ending December 31, 2022 was -0.78, a 60.75% change year over year.
Shangri-La Asia Limited Interest Coverage Ratio for the year ending December 31, 2021 was -1.98, a 18.79% change year over year.
Shangri-La Asia Limited Interest Coverage Ratio for the year ending December 31, 2020 was -2.44, a -396.18% change year over year.
Shangri-La Asia Limited Interest Coverage Ratio for the year ending December 31, 2019 was 0.82, a -52.18% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover 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