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Ningbo Xusheng Group Co (SHSE:603305) Debt-to-Revenue : 0.51 (As of Mar. 2024)


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What is Ningbo Xusheng Group Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Ningbo Xusheng Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,301 Mil. Ningbo Xusheng Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,030 Mil. Ningbo Xusheng Group Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥4,556 Mil. Ningbo Xusheng Group Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.


Ningbo Xusheng Group Co Debt-to-Revenue Historical Data

The historical data trend for Ningbo Xusheng Group Co's Debt-to-Revenue 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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Ningbo Xusheng Group Co Debt-to-Revenue Chart

Ningbo Xusheng Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.06 0.80 0.40 0.39

Ningbo Xusheng Group 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-Revenue 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 0.38 0.50 0.42 0.38 0.51

Competitive Comparison of Ningbo Xusheng Group Co's Debt-to-Revenue

For the Auto Parts subindustry, Ningbo Xusheng Group Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Ningbo Xusheng Group Co's Debt-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Xusheng Group Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ningbo Xusheng Group Co's Debt-to-Revenue falls into.



Ningbo Xusheng Group Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Ningbo Xusheng Group Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1245.878 + 639.7) / 4833.865
=0.39

Ningbo Xusheng Group Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1301.219 + 1029.7) / 4555.8
=0.51

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Ningbo Xusheng Group Co Debt-to-Revenue Related Terms

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Ningbo Xusheng Group Co (SHSE:603305) Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Yanshan Hebei Road, Beilun District, Zhejiang, Ningbo, CHN, 315806
Ningbo Xusheng Group Co Ltd is engaged in the R&D, production and sales of precision aluminum alloy automotive parts and industrial aluminum alloy parts for thermoforming die-casting and forging. Its products are mainly used in new energy and traditional automotive industries and other machinery manufacturing industries.
Executives
Xu Xu Dong Director
Ding Hai Ping Supervisors

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