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Wan Cheng Metal Packaging Co (HKSE:08291) Debt-to-Asset : 1.06 (As of Dec. 2023)


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What is Wan Cheng Metal Packaging Co Debt-to-Asset?

Wan Cheng Metal Packaging Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$30.63 Mil. Wan Cheng Metal Packaging Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$101.45 Mil. Wan Cheng Metal Packaging Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$124.31 Mil. Wan Cheng Metal Packaging Co's debt to asset for the quarter that ended in Dec. 2023 was 1.06.


Wan Cheng Metal Packaging Co Debt-to-Asset Historical Data

The historical data trend for Wan Cheng Metal Packaging 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.

Wan Cheng Metal Packaging Co Debt-to-Asset Chart

Wan Cheng Metal Packaging 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 0.31 0.57 0.68 1.04 1.06

Wan Cheng Metal Packaging Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.04 - 1.17 - 1.06

Competitive Comparison of Wan Cheng Metal Packaging Co's Debt-to-Asset

For the Packaging & Containers subindustry, Wan Cheng Metal Packaging 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.


Wan Cheng Metal Packaging Co's Debt-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Wan Cheng Metal Packaging Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Wan Cheng Metal Packaging Co's Debt-to-Asset falls into.



Wan Cheng Metal Packaging Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Wan Cheng Metal Packaging 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
=(30.626 + 101.448) / 124.309
=1.06

Wan Cheng Metal Packaging Co's Debt-to-Asset for the quarter 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
=(30.626 + 101.448) / 124.309
=1.06

* 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.


Wan Cheng Metal Packaging Co  (HKSE:08291) 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.


Wan Cheng Metal Packaging Co Debt-to-Asset Related Terms

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Wan Cheng Metal Packaging Co (HKSE:08291) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Huada Road, Ronggui Street, Hi-tech Industrial Development Zone, Shunde District, Guangdong Province, Foshan, CHN
Wan Cheng Metal Packaging Co Ltd is an investment holding company. It is a manufacturer of tinplate packaging products including tin cans and steel pails. The group operates in one operating segment which is the manufacturing and sales of tinplate packaging products in China. It derives the majority of its geographical revenues from China.
Executives
Liang Zhimei 2101 Beneficial owner
Zhang Zhiwei 2101 Beneficial owner
Liang Jianxun 2101 Beneficial owner
Liang Yingjun 2202 Interest of your spouse
Fortune Time Enterprises Limited
Liang Sharina
Century Great Investments Limited
Liang Jianheng
Liang Yingjun
Law Sai Hung

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