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China Merchants Port Group Co (SZSE:201872) Debt-to-Asset : 0.27 (As of Sep. 2024)


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What is China Merchants Port Group Co Debt-to-Asset?

China Merchants Port Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$24,790 Mil. China Merchants Port Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$34,571 Mil. China Merchants Port Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was HK$220,166 Mil. China Merchants Port Group Co's debt to asset for the quarter that ended in Sep. 2024 was 0.27.


China Merchants Port Group Co Debt-to-Asset Historical Data

The historical data trend for China Merchants Port 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.

China Merchants Port Group Co Debt-to-Asset Chart

China Merchants Port 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 0.26 0.27 0.26 0.28

China Merchants Port 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 0.26 0.28 0.29 0.27 0.27

Competitive Comparison of China Merchants Port Group Co's Debt-to-Asset

For the Marine Shipping subindustry, China Merchants Port 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.


China Merchants Port Group Co's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Merchants Port Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Merchants Port Group Co's Debt-to-Asset falls into.



China Merchants Port Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Merchants Port 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
=(24644.424 + 36659.339) / 217177.779
=0.28

China Merchants Port 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
=(24790.408 + 34570.618) / 220166.048
=0.27

* 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.


China Merchants Port Group Co  (SZSE:201872) 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 Merchants Port Group Co Debt-to-Asset Related Terms

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China Merchants Port Group Co Business Description

Traded in Other Exchanges
Address
1 Gongye 3rd Road, Zhaoshang Street, 23-25 Floor, China Merchants Port Plaza, Nanshan District, Shenzhen, CHN, 518067
China Merchants Port Group Co Ltd is engaged in port operations, ancillary port-related services, and bonded logistics operations. The operating segments of the company are; Port operations; Containers providing ship berthing, loading, and unloading services, and offer container storage services, and Bulk cargoes: the Company is engaged in bulk cargo handling and transportation in port zones and storage services in yards, The ancillary port-related services include smart port solutions, smart port technology operation, and other port information technology businesses, and Bonded logistics operations include services like a warehouse, yard leasing, loading and unloading in warehouses/yards, customs clearance and division or merger of cargoes at terminals.
Executives
Zheng Shao Ping Executives

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