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Jiangshu Zhongli Group Co (SZSE:002309) Debt-to-Asset : 0.53 (As of Mar. 2024)


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What is Jiangshu Zhongli Group Co Debt-to-Asset?

Jiangshu Zhongli Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,404 Mil. Jiangshu Zhongli Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥504 Mil. Jiangshu Zhongli Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥7,425 Mil. Jiangshu Zhongli Group Co's debt to asset for the quarter that ended in Mar. 2024 was 0.53.


Jiangshu Zhongli Group Co Debt-to-Asset Historical Data

The historical data trend for Jiangshu Zhongli Group 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.

Jiangshu Zhongli Group Co Debt-to-Asset Chart

Jiangshu Zhongli Group 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 0.28 0.29 0.37 0.45 0.52

Jiangshu Zhongli Group 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 0.47 0.49 0.49 0.52 0.53

Competitive Comparison of Jiangshu Zhongli Group Co's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Jiangshu Zhongli Group 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.


Jiangshu Zhongli Group Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangshu Zhongli Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiangshu Zhongli Group Co's Debt-to-Asset falls into.



Jiangshu Zhongli Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jiangshu Zhongli Group 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
=(3450.119 + 528.367) / 7712.405
=0.52

Jiangshu Zhongli Group 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
=(3403.67 + 504.47) / 7425.34
=0.53

* 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.


Jiangshu Zhongli Group Co  (SZSE:002309) 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.


Jiangshu Zhongli Group Co Debt-to-Asset Related Terms

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Jiangshu Zhongli Group Co (SZSE:002309) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Changkun Road, Changshu Southeast Development Zone, Jiangsu, Shajiatun, CHN
Jiangshu Zhongli Group Co Ltd is specialized in fiber optic cables and photovoltaic products, including fire-resistant flexible cables, copper conductors, cable compounds, optical cables, and marine cables.
Executives
Wang Wei Feng Directors, executives
Gong Yin Director
Zhan Zu Gen Director
Wang Bai Xing Director
Zhou Jian Xin Director
Shen Xun Xiang Executives
Chen Bo Han Executives
Cheng Xian Securities affairs representatives, executives, di
Hu Chang Qing Executives
Chen Xiao Yong Supervisors

Jiangshu Zhongli Group Co (SZSE:002309) Headlines

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