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Zhongjie (Jiangsu) Technology Co (SZSE:301072) Debt-to-Asset : 0.11 (As of Sep. 2024)


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What is Zhongjie (Jiangsu) Technology Co Debt-to-Asset?

Zhongjie (Jiangsu) Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥134.0 Mil. Zhongjie (Jiangsu) Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0.0 Mil. Zhongjie (Jiangsu) Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥1,262.9 Mil. Zhongjie (Jiangsu) Technology Co's debt to asset for the quarter that ended in Sep. 2024 was 0.11.

Zhongjie (Jiangsu) Technology Co Debt-to-Asset Historical Data

The historical data trend for Zhongjie (Jiangsu) 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.

* Premium members only.

Zhongjie (Jiangsu) Technology Co Debt-to-Asset Chart

Zhongjie (Jiangsu) Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.05 0.04 0.03 0.03 0.02

Zhongjie (Jiangsu) Technology 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 0.01 0.02 0.02 0.06 0.11

Competitive Comparison of Zhongjie (Jiangsu) Technology Co's Debt-to-Asset

For the Auto Parts subindustry, Zhongjie (Jiangsu) 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.

Zhongjie (Jiangsu) Technology Co's Debt-to-Asset Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Zhongjie (Jiangsu) Technology Co's Debt-to-Asset falls into.


Zhongjie (Jiangsu) Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Zhongjie (Jiangsu) Technology 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
=(17.643 + 0) / 1194.537
=0.01

Zhongjie (Jiangsu) Technology 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
=(133.966 + 0) / 1262.888
=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.

Zhongjie (Jiangsu) Technology Co  (SZSE:301072) 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.

Zhongjie (Jiangsu) Technology Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Zhongjie (Jiangsu) Technology Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhongjie (Jiangsu) Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhongjie (Jiangsu) Technology Co Ltd (SZSE:301072) » Definitions » Debt-to-Asset
Comparable Companies
SHSE:603089 SZSE:301192 SHSE:605068 BJSE:830896 BJSE:837242 BJSE:837663 SZSE:000757 SHSE:605255 BJSE:832000 SHSE:603982 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 SHSE:601689 GPC XKRX:012330 APTV XTER:CON TSE:5802
Traded in Other Exchanges
N/A
Address
Donggang Road, No. 8, Liguo Industrial Park, Donggang Town, Xishan District, Gangxia, Jiangsu Province, Wuxi, CHN, 214199
Website
http://www.jiangsuzhongjie.com
Zhongjie (Jiangsu) Technology Co Ltd is engaged in the research and development, production, and sales of automotive precision parts. The company's main products are shock-absorbing parts, which are used to eliminate vibration and noise from the automotive powertrain, road surface, and air, and improve the smoothness and comfort of the car during driving. Its products can be divided into stamping parts, die-casting parts, injection molding parts, and metalworking parts. In addition to their application in the shock absorption field, the company's products are also used in the body, chassis, and other fields (such as brake pedal metal parts).

Zhongjie (Jiangsu) Technology Co Headlines

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