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Shanghai Laimu Electronics Co (SHSE:603633) Debt-to-Asset : 0.30 (As of Sep. 2024)


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What is Shanghai Laimu Electronics Co Debt-to-Asset?

Shanghai Laimu Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥769 Mil. Shanghai Laimu Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥314 Mil. Shanghai Laimu Electronics Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥3,614 Mil. Shanghai Laimu Electronics Co's debt to asset for the quarter that ended in Sep. 2024 was 0.30.


Shanghai Laimu Electronics Co Debt-to-Asset Historical Data

The historical data trend for Shanghai Laimu Electronics 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.

Shanghai Laimu Electronics Co Debt-to-Asset Chart

Shanghai Laimu Electronics 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 0.32 0.25 0.28 0.22 0.29

Shanghai Laimu Electronics 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 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 0.27 0.29 0.28 0.30 0.30

Competitive Comparison of Shanghai Laimu Electronics Co's Debt-to-Asset

For the Electronic Components subindustry, Shanghai Laimu Electronics 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.


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

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

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



Shanghai Laimu Electronics Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanghai Laimu Electronics 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
=(721.457 + 244.521) / 3369.572
=0.29

Shanghai Laimu Electronics 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
=(769.314 + 314.091) / 3614.292
=0.30

* 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.


Shanghai Laimu Electronics Co  (SHSE:603633) 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.


Shanghai Laimu Electronics Co Debt-to-Asset Related Terms

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Shanghai Laimu Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No.7319 Spring Road, Minhang District, Shanghai, CHN
Shanghai Laimu Electronics Co Ltd is specialized in the development, production and sales of precision electronic components based on connectors and shields. Its products include automotive electronics, including injection and stamping parts, connectors, injection inserts, and wire harnesses; and mobile electronics, such as T-cards, battery holders, and camera modules, as well as components for SIMs and USBs. Its products are mainly applied to the fields of automobile and mobile phone.
Executives
Fang Pei Xi Directors, senior managers
Zhu Xin Ai Directors, senior managers
Yang Xiao Kang Director
Zhu Xiao Hai Directors, senior managers
Liu Jing Directors, senior managers
Shen Jian Qiang Supervisors
Fang Pei Jiao Director

Shanghai Laimu Electronics Co Headlines

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