GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Technology Industry Group Ltd (HKSE:08111) » Definitions » Debt-to-Asset

China Technology Industry Group (HKSE:08111) Debt-to-Asset : 0.46 (As of Sep. 2023)


View and export this data going back to 2001. Start your Free Trial

What is China Technology Industry Group Debt-to-Asset?

China Technology Industry Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$66.46 Mil. China Technology Industry Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.15 Mil. China Technology Industry Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was HK$145.47 Mil. China Technology Industry Group's debt to asset for the quarter that ended in Sep. 2023 was 0.46.


China Technology Industry Group Debt-to-Asset Historical Data

The historical data trend for China Technology Industry Group'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 Technology Industry Group Debt-to-Asset Chart

China Technology Industry Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.34 0.21 0.26 0.37

China Technology Industry Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 0.37 - 0.46

Competitive Comparison of China Technology Industry Group's Debt-to-Asset

For the Solar subindustry, China Technology Industry Group'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 Technology Industry Group's Debt-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, China Technology Industry Group's Debt-to-Asset distribution charts can be found below:

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



China Technology Industry Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Technology Industry Group's Debt-to-Asset for the fiscal year that ended in Mar. 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
=(59.613 + 0.485) / 161.789
=0.37

China Technology Industry Group's Debt-to-Asset for the quarter that ended in Sep. 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
=(66.461 + 0.148) / 145.473
=0.46

* 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 Technology Industry Group  (HKSE:08111) 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 Technology Industry Group Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of China Technology Industry Group's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


China Technology Industry Group (HKSE:08111) Business Description

Traded in Other Exchanges
N/A
Address
Ocean Centre, Suite 704, 7th Floor, Harbour City, Kowloon, Hong Kong, HKG
China Technology Industry Group Ltd is engaged in the Sale of renewable energy products, New energy power system integration business, Sales of self-service automatic teller machine (ATM) systems and printing systems, and Provision of hardware and software technical support services. Key revenue is derived from the Sale of renewable energy products such as solar and wind power-related products. The group operates in the PRC. It has two segments sales of renewable energy products and New energy power system integration business. It generates maximum revenue from the Sales of renewable energy products.

China Technology Industry Group (HKSE:08111) Headlines

No Headlines