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Weihai Guangwei Composites Co (SZSE:300699) Debt-to-Asset : 0.11 (As of Sep. 2024)


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What is Weihai Guangwei Composites Co Debt-to-Asset?

Weihai Guangwei Composites Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥203 Mil. Weihai Guangwei Composites Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥672 Mil. Weihai Guangwei Composites Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥7,753 Mil. Weihai Guangwei Composites Co's debt to asset for the quarter that ended in Sep. 2024 was 0.11.


Weihai Guangwei Composites Co Debt-to-Asset Historical Data

The historical data trend for Weihai Guangwei Composites 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.

Weihai Guangwei Composites Co Debt-to-Asset Chart

Weihai Guangwei Composites 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 - - - 0.01 0.03

Weihai Guangwei Composites 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 0.02 0.03 0.06 0.07 0.11

Competitive Comparison of Weihai Guangwei Composites Co's Debt-to-Asset

For the Chemicals subindustry, Weihai Guangwei Composites 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.


Weihai Guangwei Composites Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Weihai Guangwei Composites Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Weihai Guangwei Composites Co's Debt-to-Asset falls into.



Weihai Guangwei Composites Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Weihai Guangwei Composites 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
=(107.371 + 123.685) / 7057.586
=0.03

Weihai Guangwei Composites 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
=(203.436 + 672.191) / 7753.478
=0.11

* 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.


Weihai Guangwei Composites Co  (SZSE:300699) 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.


Weihai Guangwei Composites Co Debt-to-Asset Related Terms

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Weihai Guangwei Composites Co Business Description

Traded in Other Exchanges
N/A
Address
Tianjin High Road - 130, No. 130 Hi-Tech Zone, Shandong Province, Weihai, CHN, 264202
Weihai Guangwei Composites Co Ltd is engaged in research & development, production and sales of carbon fiber and carbon fiber composite materials.
Executives
Lin Feng Sen Executives
Zhang Yue Yi Directors, executives
Wang Zhuang Zhi Executives
Gao Zhang Xing Executives
Lu Zhao Jun Director
Wang Wen Yi Directors, executives
Li Shu Xiang Director
Tan Xian Cai Independent director

Weihai Guangwei Composites Co Headlines

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