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Shandong Haihua Co (SZSE:000822) Debt-to-Asset : 0.05 (As of Mar. 2024)


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What is Shandong Haihua Co Debt-to-Asset?

Shandong Haihua Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥16 Mil. Shandong Haihua Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥412 Mil. Shandong Haihua Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥7,912 Mil. Shandong Haihua Co's debt to asset for the quarter that ended in Mar. 2024 was 0.05.


Shandong Haihua Co Debt-to-Asset Historical Data

The historical data trend for Shandong Haihua 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.

Shandong Haihua Co Debt-to-Asset Chart

Shandong Haihua 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 - - 0.02 0.02 0.05

Shandong Haihua 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 0.03 0.03 0.03 0.05 0.05

Competitive Comparison of Shandong Haihua Co's Debt-to-Asset

For the Chemicals subindustry, Shandong Haihua 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.


Shandong Haihua Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Haihua Co's Debt-to-Asset distribution charts can be found below:

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



Shandong Haihua Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shandong Haihua 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
=(4.247 + 389.665) / 8051.533
=0.05

Shandong Haihua 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
=(15.636 + 412.066) / 7912.302
=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.


Shandong Haihua Co  (SZSE:000822) 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.


Shandong Haihua Co Debt-to-Asset Related Terms

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Shandong Haihua Co (SZSE:000822) Business Description

Traded in Other Exchanges
N/A
Address
Haihua Street, Binhai Economic Development Zone, Hanting District, Shandong, Weifang, CHN, 262737
Shandong Haihua Co Ltd develops and manufactures ocean chemical and petrochemical industrial products. The products offered by the group includes pure soda ashes, polyvinyl chloride (PVC), caustic soda, sodium nitrate, sodium nitrite, and bromine. Geographically, the activities are carried out through the region of China.
Executives
Fang Yong Director
Wang Yong Zhi Directors, executives
Song Jun Rong Supervisors
Ding Hong Yu Supervisors
Wang Zhen Ping Executives
Chen Feng Guang Executives
Xing Le Cheng Director

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