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Shanghai Chuangli Group Co (SHSE:603012) Debt-to-Asset : 0.11 (As of Mar. 2024)


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What is Shanghai Chuangli Group Co Debt-to-Asset?

Shanghai Chuangli Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥578 Mil. Shanghai Chuangli Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥173 Mil. Shanghai Chuangli Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥6,822 Mil. Shanghai Chuangli Group Co's debt to asset for the quarter that ended in Mar. 2024 was 0.11.


Shanghai Chuangli Group Co Debt-to-Asset Historical Data

The historical data trend for Shanghai Chuangli Group 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.

Shanghai Chuangli Group Co Debt-to-Asset Chart

Shanghai Chuangli Group 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 0.11 0.10 0.11 0.07 0.08

Shanghai Chuangli 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-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 0.08 0.09 0.09 0.08 0.11

Competitive Comparison of Shanghai Chuangli Group Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Shanghai Chuangli Group 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.


Shanghai Chuangli Group Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Chuangli Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Chuangli Group Co's Debt-to-Asset falls into.



Shanghai Chuangli Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanghai Chuangli Group 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
=(474.212 + 69.67) / 6636.768
=0.08

Shanghai Chuangli Group 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
=(577.576 + 172.916) / 6821.806
=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.


Shanghai Chuangli Group Co  (SHSE:603012) 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.


Shanghai Chuangli Group Co Debt-to-Asset Related Terms

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Shanghai Chuangli Group Co (SHSE:603012) Business Description

Traded in Other Exchanges
N/A
Address
Qifu Road, Qingpu Industrial Park, No. 1568, Shanghai, CHN, 201706
Shanghai Chuangli Group Co Ltd is a coal mining equipment supplier mainly engaged in comprehensive mining machinery and equipment in the coal mine. Its main business is the design, research and development, manufacturing, sales and technology of coal comprehensive mining machinery equipment, coal mine automation control system and mining electrical equipment. Its products are coal comprehensive mining machinery and equipment, including series drum type coal mining machine, series cantilever roadheader, and related spare parts.

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