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Jiangsu Changhai Composite Materials Co (SZSE:300196) Debt-to-Asset : 0.19 (As of Mar. 2024)


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What is Jiangsu Changhai Composite Materials Co Debt-to-Asset?

Jiangsu Changhai Composite Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥418 Mil. Jiangsu Changhai Composite Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥876 Mil. Jiangsu Changhai Composite Materials Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥6,674 Mil. Jiangsu Changhai Composite Materials Co's debt to asset for the quarter that ended in Mar. 2024 was 0.19.


Jiangsu Changhai Composite Materials Co Debt-to-Asset Historical Data

The historical data trend for Jiangsu Changhai Composite Materials 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.

Jiangsu Changhai Composite Materials Co Debt-to-Asset Chart

Jiangsu Changhai Composite Materials 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 0.02 0.12 0.10 0.12 0.17

Jiangsu Changhai Composite Materials 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 0.14 0.17 0.19 0.17 0.19

Competitive Comparison of Jiangsu Changhai Composite Materials Co's Debt-to-Asset

For the Chemicals subindustry, Jiangsu Changhai Composite Materials 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.


Jiangsu Changhai Composite Materials Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Changhai Composite Materials Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiangsu Changhai Composite Materials Co's Debt-to-Asset falls into.



Jiangsu Changhai Composite Materials Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jiangsu Changhai Composite Materials 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
=(205.239 + 872.308) / 6313.786
=0.17

Jiangsu Changhai Composite Materials 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
=(417.95 + 876.227) / 6673.577
=0.19

* 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.


Jiangsu Changhai Composite Materials Co  (SZSE:300196) 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.


Jiangsu Changhai Composite Materials Co Debt-to-Asset Related Terms

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Jiangsu Changhai Composite Materials Co (SZSE:300196) Business Description

Traded in Other Exchanges
N/A
Address
Changzhou, Changzhou, CHN, 213102
Jiangsu Changhai Composite Materials Co Ltd is engaged in the scientific research, product development, production, sales and service of fiberglass-based composite materials. Its product lines include fiberglass reinforcements, non-woven fiberglass tissues, and gypsum wallboard coverings, covering all kinds of fiberglass roving, chopped strand mat, woven roving, fiberglass mesh, roofing tissue, surfacing veil, flooring tissue, pipe tissue, carpet tile tissue, battery separator, and gypsum wallboard coverings.
Executives
Qi Ji Xing Directors, executives
Zhou Yuan Long Directors, executives
Yang Guo Wen Director
Shao Jun Director
Yang Peng Wei Directors, executives
Yang Feng Qin Director
Xu Yao Xin Supervisors
Zhang Zhong Supervisors

Jiangsu Changhai Composite Materials Co (SZSE:300196) Headlines

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