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China Lesso Group Holdings (HKSE:02128) Debt-to-Asset : 0.35 (As of Jun. 2024)


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What is China Lesso Group Holdings Debt-to-Asset?

China Lesso Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$8,281 Mil. China Lesso Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$14,364 Mil. China Lesso Group Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was HK$64,154 Mil. China Lesso Group Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.35.


China Lesso Group Holdings Debt-to-Asset Historical Data

The historical data trend for China Lesso Group Holdings'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 Lesso Group Holdings Debt-to-Asset Chart

China Lesso Group Holdings 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 0.35 0.34 0.35 0.35

China Lesso Group Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.33 0.35 0.39 0.35 0.35

Competitive Comparison of China Lesso Group Holdings's Debt-to-Asset

For the Building Products & Equipment subindustry, China Lesso Group Holdings'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 Lesso Group Holdings's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Lesso Group Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Lesso Group Holdings's Debt-to-Asset falls into.



China Lesso Group Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Lesso Group Holdings'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
=(11836.837 + 10799.614) / 65660.936
=0.34

China Lesso Group Holdings's Debt-to-Asset for the quarter that ended in Jun. 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
=(8280.524 + 14363.502) / 64154.266
=0.35

* 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 Lesso Group Holdings  (HKSE:02128) 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 Lesso Group Holdings Debt-to-Asset Related Terms

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China Lesso Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Liansu Industrial Estate, Longjiang Town, Shunde District, Foshan, CHN, 528318
China Lesso Group Holdings Ltd is engaged in the manufacturing and selling of piping and building materials in Mainland China. The company provides high-quality products and services such as plastic piping, building materials, and home improvement, new energy, environmental protection, and operates a supply chain service platform. It has three segments Southern China, including Guangdong Province, Guangxi Zhuang Autonomous Region, Hunan Province, Fujian Province, and Hainan Province; Other than Southern China, including regions in China other than Southern China; and Outside China.
Executives
New Fortune Star Limited 2101 Beneficial owner
Xi Xi Development Limited 2201 Interest of corporation controlled by you
Wong Luen Hei 2307 Founder of a discretionary trust who can infl
Zuo Xiaoping 2305 Beneficiary of a trust

China Lesso Group Holdings Headlines

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