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Aowei Holding (HKSE:01370) Liabilities-to-Assets : 0.63 (As of Dec. 2024)


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What is Aowei 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. Aowei Holding's Total Liabilities for the quarter that ended in Dec. 2024 was HK$1,249.4 Mil. Aowei Holding's Total Assets for the quarter that ended in Dec. 2024 was HK$1,983.5 Mil. Therefore, Aowei Holding's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.63.


Aowei Holding Liabilities-to-Assets Historical Data

The historical data trend for Aowei 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.

Aowei Holding Liabilities-to-Assets Chart

Aowei Holding 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 0.46 0.42 0.38 0.56 0.63

Aowei Holding Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.38 0.44 0.56 0.57 0.63

Competitive Comparison of Aowei Holding's Liabilities-to-Assets

For the Steel subindustry, Aowei 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.


Aowei Holding's Liabilities-to-Assets Distribution in the Steel Industry

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

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


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Aowei 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.

Aowei Holding'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
=1249.373/1983.519
=0.63

Aowei Holding's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=1249.373/1983.519
=0.63

* 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.


Aowei Holding  (HKSE:01370) 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.


Aowei Holding Liabilities-to-Assets Related Terms

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Aowei Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 91 Guangping Avenue, Laiyuan County, Hebei Province, Baoding, CHN, 074300
Aowei Holding Ltd is engaged in the exploration, mining, processing, and trading of iron ore products and the provision of hospital management service in the People's Republic of China (PRC). The company owns and operates mines that are located in the Hebei Province, through which it produces iron ore and steel in the PRC. Its product offering includes iron ores, and iron ore concentrates that are processed at Gufen Mine, Wang'ergou Mine and Shuanmazhuang Mine and preliminary concentrates and iron ores processed at and recovered from Zhijiazhuang Mine. Its segments include Mining segment and Medical segment. The company generates majority of its from Mining segment.
Executives
Aowei International Developments Limited 2101 Beneficial owner
Hengshi Holdings Limited 2201 Interest of corporation controlled by you
Hengshi International Investments Limited 2101 Beneficial owner
Leung Hongying Li Ziwei 2307 Founder of a discretionary trust who can infl
Li Yanjun 2103 Interests held jointly with another person
Trident Trust Company (hk) Limited 2301 Trustee
Chak Limited 2201 Interest of corporation controlled by you
Credit Suisse Trust Limited 2301 Trustee
Seven Limited 2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited 2106 Person having a security interest in shares
Huarong International Financial Holdings Limited 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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