The liability to asset ratio is one of the three pillars of the "Three Red Lines" regulatory framework which was instituted with the goal to deleverage the real estate industry.
Citation formats
Property developers with a liability-to-asset ratio above 70 percent China 2020
As of November 2020, all of the Chinese property developers that had received a triple C rating from S&P Global Ratings did have a liability-to-asset ratio above ** percent. Not using excessive amounts of debt to finance assets is part of the "Three Red Lines" regulation that aims at guaranteeing real estate companies not to encounter solvency issues. The regulation should reduce the overleveraging of the industry, but as of June 2021, only half of China's ** largest developers have complied with the "Three Red Lines" requirements.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
UBS. (January 11, 2021). Percentage of rated property developers with a liability-to-asset ratio exceeding 70 percent in China in November 2020, by rating category [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1269782/china-share-of-rated-property-developers-with-a-liability-to-asset-ratio-above-70-percent-by-rating/
UBS. "Percentage of rated property developers with a liability-to-asset ratio exceeding 70 percent in China in November 2020, by rating category." Chart. January 11, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1269782/china-share-of-rated-property-developers-with-a-liability-to-asset-ratio-above-70-percent-by-rating/
UBS. (2021). Percentage of rated property developers with a liability-to-asset ratio exceeding 70 percent in China in November 2020, by rating category. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1269782/china-share-of-rated-property-developers-with-a-liability-to-asset-ratio-above-70-percent-by-rating/
UBS. "Percentage of Rated Property Developers with a Liability-to-asset Ratio Exceeding 70 Percent in China in November 2020, by Rating Category." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 11 Jan 2021, /statistics/1269782/china-share-of-rated-property-developers-with-a-liability-to-asset-ratio-above-70-percent-by-rating/
UBS, Percentage of rated property developers with a liability-to-asset ratio exceeding 70 percent in China in November 2020, by rating category ÌÇÐÄÆƽâ°æ, /statistics/1269782/china-share-of-rated-property-developers-with-a-liability-to-asset-ratio-above-70-percent-by-rating/ (last visited August 04, 2026)
Percentage of rated property developers with a liability-to-asset ratio exceeding 70 percent in China in November 2020, by rating category [Graph], UBS, January 11, 2021. [Online]. Available: /statistics/1269782/china-share-of-rated-property-developers-with-a-liability-to-asset-ratio-above-70-percent-by-rating/
