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Shandong Longertek Technology Co (SZSE:300594) Debt-to-Asset : 0.24 (As of Mar. 2025)


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What is Shandong Longertek Technology Co Debt-to-Asset?

Shandong Longertek Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥466.5 Mil. Shandong Longertek Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥6.4 Mil. Shandong Longertek Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2025 was ¥2,000.9 Mil. Shandong Longertek Technology Co's debt to asset for the quarter that ended in Mar. 2025 was 0.24.


Shandong Longertek Technology Co Debt-to-Asset Historical Data

The historical data trend for Shandong Longertek Technology 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.

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Shandong Longertek Technology Co Debt-to-Asset Chart

Shandong Longertek Technology 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 0.07 0.09 0.20 0.20 0.23

Shandong Longertek Technology 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 0.21 0.20 0.20 0.23 0.24

Competitive Comparison of Shandong Longertek Technology Co's Debt-to-Asset

For the Auto Parts subindustry, Shandong Longertek Technology 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 Longertek Technology Co's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Longertek Technology Co's Debt-to-Asset distribution charts can be found below:

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


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Shandong Longertek Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shandong Longertek Technology 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
=(455.452 + 5.11) / 2029.039
=0.23

Shandong Longertek Technology 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
=(466.507 + 6.425) / 2000.86
=0.24

* 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 Longertek Technology Co  (SZSE:300594) 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 Longertek Technology Co Debt-to-Asset Related Terms

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Shandong Longertek Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 006, Jiulongshan Road, Laiwu High-tech Zone, Shandong Province, Jinan, CHN, 271100
Shandong Longertek Technology Co Ltd is engaged in designing and manufacturing of energy-saving vehicle air conditioners.The company has provided heat pump technology to the vehicle air conditioning industry and has completed energy-saving comparison testing of various air-conditioning technologies.
Executives
Li Jian Yong Directors, executives
Li Jing En Directors, executives
Yue Xiao He Executives
Zhang Yong Li Executives
Wang Shen Yu Directors, executives
Wang Tao Directors, executives
Li Jing Mao Director
Zhang Jin Executives
Du Bao Jun Supervisors

Shandong Longertek Technology Co Headlines

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