China Longyuan Power Group (SZSE:001289) Debt-to-Asset : 0.52 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is China Longyuan Power Group Debt-to-Asset?

China Longyuan Power Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥41,397 Mil. China Longyuan Power Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥83,872 Mil. China Longyuan Power Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥240,354 Mil. China Longyuan Power Group's debt to asset for the quarter that ended in Sep. 2024 was 0.52.

China Longyuan Power Group Debt-to-Asset Historical Data

The historical data trend for China Longyuan Power Group'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.

China Longyuan Power Group Debt-to-Asset Chart

China Longyuan Power Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.48

0.46

0.48

0.47

0.51

China Longyuan Power Group 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															0.52	0.51	0.50	0.49	0.52

Competitive Comparison of China Longyuan Power Group's Debt-to-Asset

For the Utilities - Renewable subindustry, China Longyuan Power Group'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.

China Longyuan Power Group's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Longyuan Power Group's Debt-to-Asset falls into.

China Longyuan Power Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Longyuan Power Group'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
	=	(43337.758	+	73498.176)	/	229256.091
	=	0.51

China Longyuan Power Group'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
	=	(41397.161	+	83871.992)	/	240354.335
	=	0.52

China Longyuan Power Group (SZSE:001289) 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.

China Longyuan Power Group Debt-to-Asset Related Terms

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

China Longyuan Power Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (SZSE:001289) » Definitions » Debt-to-Asset

Traded in Other Exchanges

CLPXY:USA CLPXF:USA 00916:Hong Kong 6WX:Germany

Address

6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN

Website

http://www.clypg.com.cn

Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 27.8 gigawatts as of end-2023. It has wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 78% wind, 5% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

China Longyuan Power Group Headlines

No Headlines