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Sanan Optoelectronics Co (SHSE:600703) Debt-to-Asset : 0.17 (As of Mar. 2024)


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What is Sanan Optoelectronics Co Debt-to-Asset?

Sanan Optoelectronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6,633 Mil. Sanan Optoelectronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,165 Mil. Sanan Optoelectronics Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥57,747 Mil. Sanan Optoelectronics Co's debt to asset for the quarter that ended in Mar. 2024 was 0.17.


Sanan Optoelectronics Co Debt-to-Asset Historical Data

The historical data trend for Sanan Optoelectronics 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.

Sanan Optoelectronics Co Debt-to-Asset Chart

Sanan Optoelectronics 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 0.04 0.06 0.12 0.16 0.14

Sanan Optoelectronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.15 0.16 0.15 0.14 0.17

Competitive Comparison of Sanan Optoelectronics Co's Debt-to-Asset

For the Semiconductors subindustry, Sanan Optoelectronics 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.


Sanan Optoelectronics Co's Debt-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanan Optoelectronics Co's Debt-to-Asset distribution charts can be found below:

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



Sanan Optoelectronics Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sanan Optoelectronics 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
=(4752.598 + 3430.909) / 57675.135
=0.14

Sanan Optoelectronics Co's Debt-to-Asset for the quarter that ended in Mar. 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
=(6633.361 + 3164.557) / 57746.608
=0.17

* 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.


Sanan Optoelectronics Co  (SHSE:600703) 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.


Sanan Optoelectronics Co Debt-to-Asset Related Terms

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Sanan Optoelectronics Co (SHSE:600703) Business Description

Traded in Other Exchanges
N/A
Address
No.131, Dongfang Avenue, Jingzhou Development Zone, Hubei Province, Jingzhou, CHN, 361009
Sanan Optoelectronics Co Ltd is a China-based full-color ultra-high brightness LED epitaxial and chip manufacturer. It is engaged in the development, production, and sales of full-color and high brightness LED epitaxial wafers, chips, compound solar cells and high-powered condenser photovoltaic products. The products offered by the company are a sapphire substrate, an integrated circuit, solar battery, LED chip, optical communication chip and others.

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