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Chongqing Iron & Steel Co (HKSE:01053) Liabilities-to-Assets : 0.53 (As of Mar. 2025)


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What is Chongqing Iron & Steel Co 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. Chongqing Iron & Steel Co's Total Liabilities for the quarter that ended in Mar. 2025 was HK$20,247 Mil. Chongqing Iron & Steel Co's Total Assets for the quarter that ended in Mar. 2025 was HK$37,937 Mil. Therefore, Chongqing Iron & Steel Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 was 0.53.


Chongqing Iron & Steel Co Liabilities-to-Assets Historical Data

The historical data trend for Chongqing Iron & Steel Co'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.

Chongqing Iron & Steel Co Liabilities-to-Assets Chart

Chongqing Iron & Steel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.48 0.46 0.47 0.53

Chongqing Iron & Steel Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.48 0.48 0.49 0.53 0.53

Competitive Comparison of Chongqing Iron & Steel Co's Liabilities-to-Assets

For the Steel subindustry, Chongqing Iron & Steel Co'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.


Chongqing Iron & Steel Co's Liabilities-to-Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chongqing Iron & Steel Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Chongqing Iron & Steel Co's Liabilities-to-Assets falls into.


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Chongqing Iron & Steel Co 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.

Chongqing Iron & Steel Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=20149.756/37880.198
=0.53

Chongqing Iron & Steel Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 is calculated as

Liabilities-to-Assets (Q: Mar. 2025 )=Total Liabilities/Total Assets
=20246.871/37937.098
=0.53

* 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.


Chongqing Iron & Steel Co  (HKSE:01053) 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.


Chongqing Iron & Steel Co Liabilities-to-Assets Related Terms

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Chongqing Iron & Steel Co Business Description

Traded in Other Exchanges
Address
No. 2 Jiangnan Avenue, Jiangnan Street, Changshou District, Chongqing, CHN, 401258
Chongqing Iron & Steel Co Ltd is a company that produces, processes, and sells steel plates, steel sections, wire rods, bar materials, billets, and thin plates. they also produce and sell coking and coal chemical products, pig iron & grain slag, steel slag, and steel scrap. The products they make are used in various industries such as machinery, architecture, engineering, automobile, motorbike, shipbuilding, offshore oil, gas cylinder, boiler, as well as oil and gas pipelines. The group's revenue and profit mainly come from steel manufacturing and domestic sales.
Executives
Zhong Guo Bao Wu Gang Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Si Yuan He Chong Qing Gang Tie Chan Ye Fa Zhan Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo
Chong Qing Chang Shou Gang Tie You Xian Gong Si 2101 Beneficial owner

Chongqing Iron & Steel Co Headlines

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