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Huasheng International Holding (HKSE:01323) Liabilities-to-Assets : 0.40 (As of Sep. 2024)


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What is Huasheng International Holding 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. Huasheng International Holding's Total Liabilities for the quarter that ended in Sep. 2024 was HK$628.7 Mil. Huasheng International Holding's Total Assets for the quarter that ended in Sep. 2024 was HK$1,582.6 Mil. Therefore, Huasheng International Holding's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.40.


Huasheng International Holding Liabilities-to-Assets Historical Data

The historical data trend for Huasheng International Holding'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.

Huasheng International Holding Liabilities-to-Assets Chart

Huasheng International Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.47 0.53 0.46 0.41

Huasheng International Holding Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.51 0.46 0.46 0.41 0.40

Competitive Comparison of Huasheng International Holding's Liabilities-to-Assets

For the Building Materials subindustry, Huasheng International Holding'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.


Huasheng International Holding's Liabilities-to-Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Huasheng International Holding's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Huasheng International Holding's Liabilities-to-Assets falls into.


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Huasheng International Holding 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.

Huasheng International Holding's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=675.582/1635.979
=0.41

Huasheng International Holding's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=628.654/1582.581
=0.40

* 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.


Huasheng International Holding  (HKSE:01323) 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.


Huasheng International Holding Liabilities-to-Assets Related Terms

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Huasheng International Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Des Voeux Road Central, Suites 2301-03, 23rd Floor, Far East Consortium Building, Hong Kong, HKG
Huasheng International Holding Ltd is an investment holding company. Along with its subsidiaries, the company has the following operating segments, Concrete Business; and Money Lending Business. It generates maximum revenue from the Concrete Business segment which is engaged in the production and sales of ready-mixed commercial concrete. Geographically, it derives a majority of its revenue from Mainland China and the rest from Hong Kong.
Executives
Capital Wealth Global Limited 2101 Beneficial owner
Chang Chia-hsiang 2201 Interest of corporation controlled by you
Lam Kwok Hung Raymond 2101 Beneficial owner
Tang Hon Kwong
Tsang Ngai Chun
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
China Development Financial Holding Corporation 2201 Interest of corporation controlled by you
Kgi Asia Limited 2106 Person having a security interest in shares
Kgi Securities Co. Ltd. 2201 Interest of corporation controlled by you
Wong Wai Sing 2201 Interest of corporation controlled by you
Shuang Xing Huan Qiu You Xian Gong Si 2101 Beneficial owner
Zhou Feng Tang

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