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Zhefu Holding Group Co (SZSE:002266) Debt-to-Asset : 0.24 (As of Sep. 2023)


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What is Zhefu Holding Group Co Debt-to-Asset?

Zhefu Holding Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥3,946 Mil. Zhefu Holding Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥1,400 Mil. Zhefu Holding Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was ¥22,662 Mil. Zhefu Holding Group Co's debt to asset for the quarter that ended in Sep. 2023 was 0.24.


Zhefu Holding Group Co Debt-to-Asset Historical Data

The historical data trend for Zhefu Holding 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.

Zhefu Holding Group Co Debt-to-Asset Chart

Zhefu Holding Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.19 0.26 0.25 0.34

Zhefu Holding Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.28 0.34 0.25 0.24 0.24

Competitive Comparison of Zhefu Holding Group Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Zhefu Holding 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.


Zhefu Holding Group Co's Debt-to-Asset Distribution in the Industrial Products Industry

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

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



Zhefu Holding Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Zhefu Holding Group Co's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6730.315 + 1618.252) / 24620.935
=0.34

Zhefu Holding Group Co's Debt-to-Asset for the quarter that ended in Sep. 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
=(3945.855 + 1400.337) / 22661.515
=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.


Zhefu Holding Group Co  (SZSE:002266) 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.


Zhefu Holding Group Co Debt-to-Asset Related Terms

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Zhefu Holding Group Co (SZSE:002266) Business Description

Traded in Other Exchanges
N/A
Address
No. 177 Yingchun South Road, 25th Floor, Zhefu Building, County Town, Zhejiang Province, Tonglu, CHN, 311501
Zhefu Holding Group Co Ltd is a China-based company engaged in the research, development, manufacture, and sale of large and medium-sized turbine-generators in China. Its products cover a variety of types and capacity including all sizes of conventional turbine generator units, tidal power generation units and pumped storage generating units. The company is also involved in the other business areas of hydropower, nuclear power, oil and gas, microfinance, among others.

Zhefu Holding Group Co (SZSE:002266) Headlines

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