Huitongda Network Co (HKSE:09878) Debt-to-Asset : 0.02 (As of Dec. 2023)

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What is Huitongda Network Co Debt-to-Asset?

Huitongda Network Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$460 Mil. Huitongda Network Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$308 Mil. Huitongda Network Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$31,840 Mil. Huitongda Network Co's debt to asset for the quarter that ended in Dec. 2023 was 0.02.

Huitongda Network Co Debt-to-Asset Historical Data

The historical data trend for Huitongda Network 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.

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Huitongda Network Co Debt-to-Asset Chart

Huitongda Network Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.04

0.02

0.01

0.03

0.02

Huitongda Network Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial				0.01	0.04	0.03	0.06	0.02

Competitive Comparison of Huitongda Network Co's Debt-to-Asset

For the Software - Application subindustry, Huitongda Network 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.

Huitongda Network Co's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Huitongda Network Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Huitongda Network Co's Debt-to-Asset falls into.

Huitongda Network Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Huitongda Network 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
	=	(459.969	+	307.641)	/	31839.98
	=	0.02

Huitongda Network 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
	=	(459.969	+	307.641)	/	31839.98
	=	0.02

Huitongda Network Co (HKSE:09878) 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.

Huitongda Network Co Debt-to-Asset Related Terms

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Huitongda Network Co (HKSE:09878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN

Website

https://www.htd.cn

Huitongda Network Co Ltd is a transaction and service platform serving corporate customers in China's retail industry, and is committed to providing high-quality goods and services for China's sinking market. In addition, Huitongda also provides store SaaS and merchant solutions to retail stores and channel cooperation customers in the industrial value chain by virtue of its digital capabilities, and provides a stable one-stop supply chain to member retail stores, including providing rich and diverse services on the platform.

Executives

Xu Xiuxian	2101 Beneficial owner
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2201 Interest of corporation controlled by you
Taobao Holding Limited	2201 Interest of corporation controlled by you
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si	2201 Interest of corporation controlled by you
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si	2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si	2101 Beneficial owner
Wang Jianguo

Huitongda Network Co (HKSE:09878) Headlines

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