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Fujian Longxi Bearing Group Co (SHSE:600592) Debt-to-Asset : 0.07 (As of Mar. 2025)


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What is Fujian Longxi Bearing Group Co Debt-to-Asset?

Fujian Longxi Bearing Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥47 Mil. Fujian Longxi Bearing Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥198 Mil. Fujian Longxi Bearing Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2025 was ¥3,553 Mil. Fujian Longxi Bearing Group Co's debt to asset for the quarter that ended in Mar. 2025 was 0.07.


Fujian Longxi Bearing Group Co Debt-to-Asset Historical Data

The historical data trend for Fujian Longxi Bearing Group 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.

Fujian Longxi Bearing Group Co Debt-to-Asset Chart

Fujian Longxi Bearing Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.08 0.15 0.12 0.07

Fujian Longxi Bearing Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.12 0.07 0.06 0.07 0.07

Competitive Comparison of Fujian Longxi Bearing Group Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Fujian Longxi Bearing Group 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.


Fujian Longxi Bearing Group Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujian Longxi Bearing Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Fujian Longxi Bearing Group Co's Debt-to-Asset falls into.


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Fujian Longxi Bearing Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fujian Longxi Bearing Group Co's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(46.733 + 211.729) / 3646.336
=0.07

Fujian Longxi Bearing Group Co's Debt-to-Asset for the quarter that ended in Mar. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(46.563 + 197.993) / 3553.253
=0.07

* 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.


Fujian Longxi Bearing Group Co  (SHSE:600592) 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.


Fujian Longxi Bearing Group Co Debt-to-Asset Related Terms

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Fujian Longxi Bearing Group Co Business Description

Traded in Other Exchanges
N/A
Address
Yan'an North Road, Zhangzhou, Fujian, CHN, 363000
Fujian Longxi Bearing Group Co Ltd manufactures spherical plain bearings. It is engaged in the production of spherical plain bearings (SPB), tapered roller bearings, gears, rolling functional components, gearboxes, automobile parts and knitting mechanical equipment.
Executives
Chen Jin Hui Director
Zheng Zhang Hong Director
Chen Zhi Xiong Director
Ceng Fan Pei Director
Lu Jin Zhong senior management
Zhang Tai Sheng Supervisors
Huang Ji Xin senior management
Xu Sha Sheng Director

Fujian Longxi Bearing Group Co Headlines

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