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China Railway Hi-tech Industry (SHSE:600528) Debt-to-Asset : 0.01 (As of Mar. 2024)


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What is China Railway Hi-tech Industry Debt-to-Asset?

China Railway Hi-tech Industry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥517 Mil. China Railway Hi-tech Industry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥71 Mil. China Railway Hi-tech Industry's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥58,585 Mil. China Railway Hi-tech Industry's debt to asset for the quarter that ended in Mar. 2024 was 0.01.


China Railway Hi-tech Industry Debt-to-Asset Historical Data

The historical data trend for China Railway Hi-tech Industry'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.

China Railway Hi-tech Industry Debt-to-Asset Chart

China Railway Hi-tech Industry 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 0.02 0.02 0.02 0.01 0.01

China Railway Hi-tech Industry 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of China Railway Hi-tech Industry's Debt-to-Asset

For the Engineering & Construction subindustry, China Railway Hi-tech Industry'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.


China Railway Hi-tech Industry's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Hi-tech Industry's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Railway Hi-tech Industry's Debt-to-Asset falls into.



China Railway Hi-tech Industry Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Railway Hi-tech Industry'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
=(494.083 + 70.991) / 57668.324
=0.01

China Railway Hi-tech Industry'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
=(516.715 + 70.801) / 58584.823
=0.01

* 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.


China Railway Hi-tech Industry  (SHSE:600528) 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.


China Railway Hi-tech Industry Debt-to-Asset Related Terms

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China Railway Hi-tech Industry (SHSE:600528) Business Description

Traded in Other Exchanges
N/A
Address
South Fourth Ring Road West, Building 11, Noord Center, Fengtai District,, Beijing, CHN, 610031
China Railway Hi-tech Industry Corp Ltd is engaged in the construction of railway projects, housing, road works and municipal public works.

China Railway Hi-tech Industry (SHSE:600528) Headlines

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