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Chongqing Taiji Industry (Group) Co (SHSE:600129) Debt-to-Asset : 0.27 (As of Mar. 2024)


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What is Chongqing Taiji Industry (Group) Co Debt-to-Asset?

Chongqing Taiji Industry (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,815 Mil. Chongqing Taiji Industry (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥381 Mil. Chongqing Taiji Industry (Group) Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥15,372 Mil. Chongqing Taiji Industry (Group) Co's debt to asset for the quarter that ended in Mar. 2024 was 0.27.


Chongqing Taiji Industry (Group) Co Debt-to-Asset Historical Data

The historical data trend for Chongqing Taiji Industry (Group) 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.

Chongqing Taiji Industry (Group) Co Debt-to-Asset Chart

Chongqing Taiji Industry (Group) 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 0.33 0.37 0.36 0.31 0.29

Chongqing Taiji Industry (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.30 0.29 0.30 0.29 0.27

Competitive Comparison of Chongqing Taiji Industry (Group) Co's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Chongqing Taiji Industry (Group) 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.


Chongqing Taiji Industry (Group) Co's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chongqing Taiji Industry (Group) Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Chongqing Taiji Industry (Group) Co's Debt-to-Asset falls into.



Chongqing Taiji Industry (Group) Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Chongqing Taiji Industry (Group) 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
=(3780.929 + 443.974) / 14411.774
=0.29

Chongqing Taiji Industry (Group) Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3815.357 + 380.584) / 15372.287
=0.27

* 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.


Chongqing Taiji Industry (Group) Co  (SHSE:600129) 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.


Chongqing Taiji Industry (Group) Co Debt-to-Asset Related Terms

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Chongqing Taiji Industry (Group) Co (SHSE:600129) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Taiji Avenue, Fuling District, Chongqing, Chongqing, CHN, 408000
Chongqing Taiji Industry Group is a China-based company engaged in the production and sales of Chinese and Western medicines. It is also engaged in the cultivation of medicinal herbs. Its products mainly include capsules, syrup, oral liquid, lyophilized series, tablets, infusion series, and injections. The company mainly conducts its business in domestic and overseas markets.
Executives
Zhu Ming Xi Director
Xu Wei Guo Supervisors

Chongqing Taiji Industry (Group) Co (SHSE:600129) Headlines

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