Shanxi Huaxiang Group Co (SHSE:603112) Debt-to-Asset : 0.26 (As of Sep. 2024)

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What is Shanxi Huaxiang Group Co Debt-to-Asset?

Shanxi Huaxiang Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥3 Mil. Shanxi Huaxiang Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,519 Mil. Shanxi Huaxiang Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥5,864 Mil. Shanxi Huaxiang Group Co's debt to asset for the quarter that ended in Sep. 2024 was 0.26.

Shanxi Huaxiang Group Co Debt-to-Asset Historical Data

The historical data trend for Shanxi Huaxiang 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.

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Shanxi Huaxiang Group Co Debt-to-Asset Chart

Shanxi Huaxiang Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.10

0.02

0.24

0.26

Shanxi Huaxiang Group 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															0.26	0.26	0.27	0.28	0.26

Competitive Comparison of Shanxi Huaxiang Group Co's Debt-to-Asset

For the Metal Fabrication subindustry, Shanxi Huaxiang 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.

Shanxi Huaxiang Group Co's Debt-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shanxi Huaxiang Group Co's Debt-to-Asset falls into.

Shanxi Huaxiang Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanxi Huaxiang Group 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
	=	(14.439	+	1368.381)	/	5291.55
	=	0.26

Shanxi Huaxiang Group 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
	=	(2.916	+	1518.51)	/	5864.279
	=	0.26

Shanxi Huaxiang Group Co (SHSE:603112) 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.

Shanxi Huaxiang Group Co Debt-to-Asset Related Terms

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Shanxi Huaxiang Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanxi Huaxiang Group Co Ltd (SHSE:603112) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

Hualin Nursery, Shanxi Province, Ganting Town, Hongdong County, Linfen, CHN, 041600

Website

http://www.huaxianggroup.cn

Shanxi Huaxiang Group Co Ltd is primarily involved in the research and development, production and sales of various customized metal parts. The company's products are mainly focused on the three major industries of white goods, construction machinery and automobile manufacturing.

Executives

Ma Yi Guang	Supervisors
Lu Hai Xing	Director
Zhang Min	Director
Cheng Yi	Director
Ren Rui	senior management
Zhang Yu Fei	senior management
Zhang Jie	Directors, senior managers
Liao Zhou	senior management
Guo Yong Zhi	Director

Shanxi Huaxiang Group Co Headlines

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