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Jiashili Group (HKSE:01285) Liabilities-to-Assets : 0.54 (As of Dec. 2023)


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What is Jiashili Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Jiashili Group's Total Liabilities for the quarter that ended in Dec. 2023 was HK$1,287 Mil. Jiashili Group's Total Assets for the quarter that ended in Dec. 2023 was HK$2,385 Mil. Therefore, Jiashili Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.54.


Jiashili Group Liabilities-to-Assets Historical Data

The historical data trend for Jiashili Group's Liabilities-to-Assets 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.

Jiashili Group Liabilities-to-Assets Chart

Jiashili Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.48 0.53 0.53 0.54

Jiashili Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.53 0.53 0.53 0.57 0.54

Competitive Comparison of Jiashili Group's Liabilities-to-Assets

For the Packaged Foods subindustry, Jiashili Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Jiashili Group's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiashili Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Jiashili Group's Liabilities-to-Assets falls into.



Jiashili Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Jiashili Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1287.136/2385.304
=0.54

Jiashili Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1287.136/2385.304
=0.54

* 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.


Jiashili Group  (HKSE:01285) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Jiashili Group Liabilities-to-Assets Related Terms

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Jiashili Group (HKSE:01285) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Gangkou Road, Changsha, Guangdong, Kaiping, CHN
Jiashili Group Ltd is an investment holding company, which engages in the manufacture and sale of candy and biscuits in the People's Republic of China. The company offers Breakfast, Crisp, Sandwich, Wafers, Coarse grain series products and others, along with Soda biscuits, Cookies, Short biscuits, and Mooncakes. It is also involved in the wholesale and retail of pre-packaged food products. The group generates majority revenue from the sales of Breakfast biscuit series products. All of the group's operations are located in the PRC. It sells products in the PRC and also exports it to other countries.
Executives
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Grand Wing Investments Limited 2201 Interest of corporation controlled by you
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Jade Isle Global Limited 2201 Interest of corporation controlled by you
Prestige Choice Investments (overseas) Limited 2201 Interest of corporation controlled by you
Kaiyuan Investments Limited 2101 Beneficial owner
Huang Cuihong 2202 Interest of your spouse
Huang Rujiao 2201 Interest of corporation controlled by you
Huang Rujun 2201 Interest of corporation controlled by you
Huang Xianming 2201 Interest of corporation controlled by you
Huang Xianxian 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Tai Fung Bank Limited 2106 Person having a security interest in shares
Zhong Guo Yin Xing Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Kaiyuan Investments Limited 2101 Beneficial owner

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