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China Modern Dairy Holdings (HKSE:01117) Liabilities-to-Assets : 0.62 (As of Dec. 2023)


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What is China Modern Dairy 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. China Modern Dairy Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$21,385 Mil. China Modern Dairy Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$34,338 Mil. Therefore, China Modern Dairy Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.62.


China Modern Dairy Holdings Liabilities-to-Assets Historical Data

The historical data trend for China Modern Dairy 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.

China Modern Dairy Holdings Liabilities-to-Assets Chart

China Modern Dairy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.48 0.53 0.60 0.62

China Modern Dairy Holdings 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 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 0.53 0.55 0.60 0.60 0.62

Competitive Comparison of China Modern Dairy Holdings's Liabilities-to-Assets

For the Farm Products subindustry, China Modern Dairy 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.


China Modern Dairy Holdings's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Modern Dairy Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where China Modern Dairy Holdings's Liabilities-to-Assets falls into.



China Modern Dairy 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.

China Modern Dairy 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
=21384.996/34338.361
=0.62

China Modern Dairy 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
=21384.996/34338.361
=0.62

* 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.


China Modern Dairy Holdings  (HKSE:01117) 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.


China Modern Dairy Holdings Liabilities-to-Assets Related Terms

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China Modern Dairy Holdings (HKSE:01117) Business Description

Traded in Other Exchanges
N/A
Address
Economic and Technological Development Zone, Danyang Town, Bowang District, Anhui Province, Maanshan City, CHN
China Modern Dairy Holdings Ltd operates in the Chinese food industry. Its primary business includes the production of milk and its revenue mainly depends on the sale of raw milk. The company produces and sells raw milk to customers for processing into dairy products and Liquid Milk products business which relates to its sale of liquid milk products.
Executives
Bank Of China Limited 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Boc International Holdings Limited 2201 Interest of corporation controlled by you
Boci Financial Products Limited 2101 Beneficial owner
Mgd Holdings 2101 Beneficial owner
China Mengniu Dairy Company Limited 2201 Interest of corporation controlled by you
Ggg Holdings Limited 2101 Beneficial owner
Liu Chang 2201 Interest of corporation controlled by you
New Century Ltd. 2201 Interest of corporation controlled by you
Xin Xi Wang Ru Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

China Modern Dairy Holdings (HKSE:01117) Headlines

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