CIG Shanghai Co (SHSE:603083) Debt-to-Asset : 0.23 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is CIG Shanghai Co Debt-to-Asset?

CIG Shanghai Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥933 Mil. CIG Shanghai Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥177 Mil. CIG Shanghai Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥4,810 Mil. CIG Shanghai Co's debt to asset for the quarter that ended in Sep. 2024 was 0.23.

CIG Shanghai Co Debt-to-Asset Historical Data

The historical data trend for CIG Shanghai 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.

CIG Shanghai Co Debt-to-Asset Chart

CIG Shanghai Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.19

0.24

0.26

0.22

0.28

CIG Shanghai Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.30	0.28	0.32	0.26	0.23

Competitive Comparison of CIG Shanghai Co's Debt-to-Asset

For the Communication Equipment subindustry, CIG Shanghai 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.

CIG Shanghai Co's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CIG Shanghai Co's Debt-to-Asset distribution charts can be found below:

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

CIG Shanghai Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CIG Shanghai 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
	=	(1191.106	+	145.887)	/	4735.919
	=	0.28

CIG Shanghai Co's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(933.187	+	177.168)	/	4810.199
	=	0.23

CIG Shanghai Co (SHSE:603083) 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.

CIG Shanghai Co Debt-to-Asset Related Terms

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

CIG Shanghai Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CIG Shanghai Co Ltd (SHSE:603083) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2388 Chenhang Road, 5th Floor, Bullding 8, Minhan Disctrict, Shanghai, CHN, 201114

Website

http://www.ci-g.com

CIG Shanghai Co Ltd is an original development manufacturer of the carrier and enterprise-grade customer premise equipment. Its product offerings include wireless network equipment, smart home gateway products, telecom broadband terminals, and other products.

Executives

Hou Wen Chao	senior management
Zhang Jie	Director
Xie Chong	Directors, senior managers
Li Xiong Ying	senior management

CIG Shanghai Co Headlines

No Headlines