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Zhejiang Jingxing Paper JSC (SZSE:002067) Debt-to-Asset : 0.23 (As of Mar. 2024)


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What is Zhejiang Jingxing Paper JSC Debt-to-Asset?

Zhejiang Jingxing Paper JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥671 Mil. Zhejiang Jingxing Paper JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,244 Mil. Zhejiang Jingxing Paper JSC's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥8,200 Mil. Zhejiang Jingxing Paper JSC's debt to asset for the quarter that ended in Mar. 2024 was 0.23.


Zhejiang Jingxing Paper JSC Debt-to-Asset Historical Data

The historical data trend for Zhejiang Jingxing Paper JSC'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.

Zhejiang Jingxing Paper JSC Debt-to-Asset Chart

Zhejiang Jingxing Paper JSC 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 0.13 0.25 0.21 0.18 0.22

Zhejiang Jingxing Paper JSC 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 0.20 0.21 0.21 0.22 0.23

Competitive Comparison of Zhejiang Jingxing Paper JSC's Debt-to-Asset

For the Paper & Paper Products subindustry, Zhejiang Jingxing Paper JSC'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.


Zhejiang Jingxing Paper JSC's Debt-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Zhejiang Jingxing Paper JSC's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Zhejiang Jingxing Paper JSC's Debt-to-Asset falls into.



Zhejiang Jingxing Paper JSC Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Zhejiang Jingxing Paper JSC'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
=(524.573 + 1240.215) / 8182.884
=0.22

Zhejiang Jingxing Paper JSC'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
=(670.512 + 1244.104) / 8199.7
=0.23

* 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.


Zhejiang Jingxing Paper JSC  (SZSE:002067) 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.


Zhejiang Jingxing Paper JSC Debt-to-Asset Related Terms

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Zhejiang Jingxing Paper JSC (SZSE:002067) Business Description

Traded in Other Exchanges
N/A
Address
Caoqiao Town, Zhejiang Province, Pinghu, CHN, 314214
Zhejiang Jingxing Paper JSC Ltd is a Chinese company operating in the paper and packaging industry. It manufactures paper and paper products. The company's products include kraft paper, white craft paper, high strength Corrugating medium, bobbin paper, cardboard boxes, household paper products, and other products.
Executives
Zhu Zai Long Director
Shen Shou Xian Supervisors
Liu Chun Xiang Director
Nie Rong Kun Director
Sheng Xiao Ying Director
Wang Wei Min Director
Lu Fu Gui Supervisors
Zhu Xi Kun Independent director, within six months of separat

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