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Riyue Heavy Industry Co (SHSE:603218) Debt-to-Asset : 0.05 (As of Mar. 2025)


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What is Riyue Heavy Industry Co Debt-to-Asset?

Riyue Heavy Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥453 Mil. Riyue Heavy Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥319 Mil. Riyue Heavy Industry Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2025 was ¥14,220 Mil. Riyue Heavy Industry Co's debt to asset for the quarter that ended in Mar. 2025 was 0.05.


Riyue Heavy Industry Co Debt-to-Asset Historical Data

The historical data trend for Riyue Heavy Industry 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.

Riyue Heavy Industry Co Debt-to-Asset Chart

Riyue Heavy Industry 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 - 0.04 0.02 0.07 0.06

Riyue Heavy Industry 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 0.10 0.03 0.03 0.06 0.05

Competitive Comparison of Riyue Heavy Industry Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Riyue Heavy Industry 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.


Riyue Heavy Industry Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riyue Heavy Industry Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Riyue Heavy Industry Co's Debt-to-Asset falls into.


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Riyue Heavy Industry Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Riyue Heavy Industry 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
=(437.245 + 326.221) / 13678.5
=0.06

Riyue Heavy Industry 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
=(453.496 + 319.027) / 14219.842
=0.05

* 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.


Riyue Heavy Industry Co  (SHSE:603218) 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.


Riyue Heavy Industry Co Debt-to-Asset Related Terms

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Riyue Heavy Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Dongwu town Yinzhou district, Zhejiang, Ningbo City, CHN, 315113
Riyue Heavy Industry Co Ltd manufactures heavy duty equipment castings. Its products are windpower turbine generators, heavy diesel engines, large plastic injection molding machines, large machining centers, and giant mining machine series of castings. Geographically, it operates throughout the region of China.
Executives
Wang Ye Directors, senior managers
Zhang Jian Zhong Directors, senior managers
Yu Hong Kang Directors, senior managers
Fu Ling Er Director
Fu Ming Kang Director
Fan Xin Long senior management
Xu Jian Min Supervisors

Riyue Heavy Industry Co Headlines

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