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Shandong Head Group Co (SZSE:002810) Debt-to-Asset : 0.26 (As of Sep. 2024)


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What is Shandong Head Group Co Debt-to-Asset?

Shandong Head Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥379 Mil. Shandong Head Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥634 Mil. Shandong Head Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥3,936 Mil. Shandong Head Group Co's debt to asset for the quarter that ended in Sep. 2024 was 0.26.


Shandong Head Group Co Debt-to-Asset Historical Data

The historical data trend for Shandong Head 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.

Shandong Head Group Co Debt-to-Asset Chart

Shandong Head 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 0.19 0.11 0.14 0.18 0.21

Shandong Head Group 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 0.21 0.21 0.21 0.26 0.26

Competitive Comparison of Shandong Head Group Co's Debt-to-Asset

For the Specialty Chemicals subindustry, Shandong Head 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.


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

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

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



Shandong Head Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shandong Head 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
=(202.306 + 588.879) / 3792.528
=0.21

Shandong Head Group 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
=(379.246 + 634.4) / 3935.812
=0.26

* 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 Head Group Co  (SZSE:002810) 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 Head Group Co Debt-to-Asset Related Terms

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Shandong Head Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Heda Road, Shandong Province, Zhoucun District, Zibo, CHN, 255300
Shandong Head Group Co Ltd is engaged in research and development, production and sales of water-soluble polymer compounds. Its products include cellulose ether series products, graphite chemical equipment, HPMC plant capsules, trimethyl orthoacetate, diacetone acrylamide. The company has two production divisions, the Cellulose Ether Division and the Graphite Equipment Division.
Executives
Bi Song Ling Directors, Directors, and Executives
Qiu Jian Jun Executives
Yang Bing Sheng Executives
Bi Si Xin Executives
Yang Bing Gang Director
Tan Zai Ying Directors, executives
Cui Ling Executives
Hu Li Li Securities Affairs Representative
Bi Xin De Director
Bi Yu Zhuang Supervisors

Shandong Head Group Co Headlines

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