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Sino ICT Holdings (HKSE:00365) Liabilities-to-Assets : 0.74 (As of Dec. 2023)


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What is Sino ICT Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Sino ICT Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$706.9 Mil. Sino ICT Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$960.5 Mil. Therefore, Sino ICT Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.74.


Sino ICT Holdings Liabilities-to-Assets Historical Data

The historical data trend for Sino ICT Holdings's Liabilities-to-Assets 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.

Sino ICT Holdings Liabilities-to-Assets Chart

Sino ICT Holdings Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.59 0.54 0.70 0.74

Sino ICT Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.54 0.55 0.70 0.70 0.74

Competitive Comparison of Sino ICT Holdings's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Sino ICT Holdings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Sino ICT Holdings's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sino ICT Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sino ICT Holdings's Liabilities-to-Assets falls into.



Sino ICT Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Sino ICT Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=706.925/960.502
=0.74

Sino ICT Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=706.925/960.502
=0.74

* 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.


Sino ICT Holdings  (HKSE:00365) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Sino ICT Holdings Liabilities-to-Assets Related Terms

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Sino ICT Holdings (HKSE:00365) Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Tsim Sha Tsui, Unit 02-03, 69th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG
Sino ICT Holdings Ltd is engaged in the research and development, design, manufacture, and distribution of machinery. The group has two operating segments SMT Equipment Manufacturing and Related Business and Securities Investment Business. The company derives the majority of its revenue from SMT Equipment Manufacturing and Related Business. The company mainly operates in Mainland China and Hong Kong.
Executives
Guang Da Rong Xin Zhu Hai Heng Qin Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Gao Shan 2201 Interest of corporation controlled by you
Li Bin 2201 Interest of corporation controlled by you
Bei Jing Zhi Lu Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Zhi Guang Xin Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Guang Da Rong Xin Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Qi Ping Ke Ji You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zi Guang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Wu Xin 2201 Interest of corporation controlled by you
Da Guang Guo Ji You Xian Gong Si 2101 Beneficial owner
Xin Ding You Xian Gong Si 2501 Other
Zhong Qing Xin Xin Su Zhou Gong Ye Yuan Qu Zi Chan Guan Li You Xian Ze Ren Gong Si 2501 Other
Zhao Shang Yin Xing Gu Fen You Xian Gong Si Shang Hai Zhang Jiang Zhi Xing 2106 Person having a security interest in shares
Xin Xin Rong Zi Zu Lin You Xian Ze Ren Gong Si 2501 Other
Shang Hai Qing Xin Qi Ye Guan Li Zi Xun You Xian Gong Si 2501 Other

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