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Qitian Technology Group Co (SZSE:300061) Debt-to-Asset : 0.47 (As of Mar. 2025)


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What is Qitian Technology Group Co Debt-to-Asset?

Qitian Technology Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥642.4 Mil. Qitian Technology Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1.1 Mil. Qitian Technology Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2025 was ¥1,357.4 Mil. Qitian Technology Group Co's debt to asset for the quarter that ended in Mar. 2025 was 0.47.


Qitian Technology Group Co Debt-to-Asset Historical Data

The historical data trend for Qitian Technology 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.

Qitian Technology Group Co Debt-to-Asset Chart

Qitian Technology Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.20 0.26 0.38 0.45

Qitian Technology Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.40 0.43 0.41 0.45 0.47

Competitive Comparison of Qitian Technology Group Co's Debt-to-Asset

For the Medical Instruments & Supplies subindustry, Qitian Technology 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.


Qitian Technology Group Co's Debt-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Qitian Technology Group Co's Debt-to-Asset distribution charts can be found below:

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


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Qitian Technology Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Qitian Technology Group Co's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(589.492 + 2.467) / 1331.538
=0.44

Qitian Technology Group Co's Debt-to-Asset for the quarter that ended in Mar. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(642.434 + 1.123) / 1357.444
=0.47

* 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.


Qitian Technology Group Co  (SZSE:300061) 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.


Qitian Technology Group Co Debt-to-Asset Related Terms

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Qitian Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
999 Dangui Road, C5, Phase I, Guochuang Center, Pudong New District, Shanghai, CHN, 201203
Qitian Technology Group Co Ltd is engaged in production and sales of resin lenses.
Executives
Liu Tao Director
Fei Zheng Xiang Supervisors
Li Cai Xia Securities Affairs Representative
Zhang Hui Xiang Director
Xu Shi Ying Independent director
Fei Zhong Bao Supervisors
Fan Sen Xin Supervisors

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