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Weiye Holdings (HKSE:01570) Liabilities-to-Assets : 0.55 (As of Dec. 2023)


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What is Weiye 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. Weiye Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$2,331 Mil. Weiye Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$4,221 Mil. Therefore, Weiye Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.55.


Weiye Holdings Liabilities-to-Assets Historical Data

The historical data trend for Weiye 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.

Weiye Holdings Liabilities-to-Assets Chart

Weiye 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 0.80 0.74 0.76 0.68 0.55

Weiye 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 0.76 0.69 0.68 0.57 0.55

Competitive Comparison of Weiye Holdings's Liabilities-to-Assets

For the Real Estate - Development subindustry, Weiye 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.


Weiye Holdings's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Weiye Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Weiye 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.

Weiye 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
=2330.937/4220.921
=0.55

Weiye 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
=2330.937/4220.921
=0.55

* 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.


Weiye Holdings  (HKSE:01570) 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.


Weiye Holdings Liabilities-to-Assets Related Terms

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Weiye Holdings (HKSE:01570) Business Description

Traded in Other Exchanges
N/A
Address
Zhengkai Avenue, 19th Floor, Building A, Intersection of Yanqqiao Road, Henan Province, Zhengzhou, CHN
Weiye Holdings Ltd is an investment holding company. The company operates in two segments: Property development and Equipment manufacturing. The majority of its revenue comes from the Property development segment, which includes the development and sales of both commercial and residential property units, construction of resettlement houses in the PRC, and the leasing of investment properties to generate rental income and derive capital gains from the investment properties in the long term. The company's geographical segments are China, Singapore, and Others, of which nearly all of its revenue comes from China.
Executives
Ca Indosuez (switzerland) Sa, Singapore Branch 2302 Custodian
Fine Skill Holdings Limited 2101 Beneficial owner
Zhang Wei 2101 Beneficial owner
Chen Zhi Yong

Weiye Holdings (HKSE:01570) Headlines

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