Hi Sun Technology (China) (HKSE:00818) Liabilities-to-Assets : 0.40 (As of Dec. 2023)

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What is Hi Sun Technology (China) 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. Hi Sun Technology (China)'s Total Liabilities for the quarter that ended in Dec. 2023 was HK$5,254 Mil. Hi Sun Technology (China)'s Total Assets for the quarter that ended in Dec. 2023 was HK$13,032 Mil. Therefore, Hi Sun Technology (China)'s Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.40.

Hi Sun Technology (China) Liabilities-to-Assets Historical Data

The historical data trend for Hi Sun Technology (China)'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.

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Hi Sun Technology (China) Liabilities-to-Assets Chart

Hi Sun Technology (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

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0.35

0.31

0.34

0.40

Hi Sun Technology (China) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Liabilities-to-Assets	Get a 7-Day Free Trial															0.31	0.30	0.34	0.27	0.40

Competitive Comparison of Hi Sun Technology (China)'s Liabilities-to-Assets

For the Software - Infrastructure subindustry, Hi Sun Technology (China)'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.

Hi Sun Technology (China)'s Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Hi Sun Technology (China)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Hi Sun Technology (China)'s Liabilities-to-Assets falls into.

Hi Sun Technology (China) 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.

Hi Sun Technology (China)'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
	=	5253.7	/	13031.718
	=	0.40

Hi Sun Technology (China)'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
	=	5253.7	/	13031.718
	=	0.40

Hi Sun Technology (China) (HKSE:00818) 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.

Hi Sun Technology (China) Liabilities-to-Assets Related Terms

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Hi Sun Technology (China) (HKSE:00818) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi Sun Technology (China) Ltd (HKSE:00818) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room 2515, 25th Floor, Sun Hung Kai Centre, Wanchai, HKG

Website

http://www.hisun.com.hk

Hi Sun Technology (China) Ltd has five operating segments: payment processing, financial solutions, electronic power meters, Information security chips & solutions, and platform operation solutions. The payment processing solutions segment is engaged in the provision of payment processing services, merchant recruiting, and related products and solutions. Financial solutions provide consulting, integration, and operation services of information technology products to financial institutions and banks. The firm manufactures electronic power meters primarily for the public sector. Platform operation solutions provide operational support for telecom and payment platform solutions. Its geographical segments are Mainland China and Hong Kong.

Executives

Kopernik Global Investors Llc	2102 Investment manager
Kui Man Chun	2101 Beneficial owner

Hi Sun Technology (China) (HKSE:00818) Headlines

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