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Xinjiang Xinxin Mining Industry Co (HKSE:03833) Debt-to-Asset : 0.10 (As of Dec. 2023)


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What is Xinjiang Xinxin Mining Industry Co Debt-to-Asset?

Xinjiang Xinxin Mining Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$225 Mil. Xinjiang Xinxin Mining Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$617 Mil. Xinjiang Xinxin Mining Industry Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$8,573 Mil. Xinjiang Xinxin Mining Industry Co's debt to asset for the quarter that ended in Dec. 2023 was 0.10.


Xinjiang Xinxin Mining Industry Co Debt-to-Asset Historical Data

The historical data trend for Xinjiang Xinxin Mining Industry Co's Debt-to-Asset 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.

Xinjiang Xinxin Mining Industry Co Debt-to-Asset Chart

Xinjiang Xinxin Mining Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.28 0.22 0.13 0.10

Xinjiang Xinxin Mining Industry Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset 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 0.22 0.15 0.13 0.13 0.10

Competitive Comparison of Xinjiang Xinxin Mining Industry Co's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Xinjiang Xinxin Mining Industry Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Xinjiang Xinxin Mining Industry Co's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xinjiang Xinxin Mining Industry Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Xinjiang Xinxin Mining Industry Co's Debt-to-Asset falls into.



Xinjiang Xinxin Mining Industry Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Xinjiang Xinxin Mining Industry Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(225.069 + 616.563) / 8572.577
=0.10

Xinjiang Xinxin Mining Industry Co's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(225.069 + 616.563) / 8572.577
=0.10

* 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.


Xinjiang Xinxin Mining Industry Co  (HKSE:03833) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Xinjiang Xinxin Mining Industry Co Debt-to-Asset Related Terms

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Xinjiang Xinxin Mining Industry Co (HKSE:03833) Business Description

Traded in Other Exchanges
Address
Fusion South Road, No. 501, Cooperation Zone, Economic and Technological, Urumqi, Xinjiang, CHN
Xinjiang Xinxin Mining Industry Co Ltd is a nickel cathode producer. In addition to producing nickel cathode using nickel sulfide resources, the company is engaged in mining, ore processing, smelting and refining operations and sales of nickel, copper and other non-ferrous metals. Its product portfolio includes nickel cathode and copper cathode. It also produces Cobalt products, gold, silver, platinum, and palladium. The majority of the group's revenue is derived from sales of nickel, copper and other non-ferrous metal products in China.
Executives
Zi Jin Kuang Ye Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zi Jin Kuang Ye Ji Tuan Sha Men Tou Zi You Xian Gong Si 2101 Beneficial owner

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