Sinohope Technology Holdings (HKSE:01611) Liabilities-to-Assets : 0.71 (As of Sep. 2023)

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What is Sinohope Technology 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. Sinohope Technology Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was HK$535 Mil. Sinohope Technology Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$749 Mil. Therefore, Sinohope Technology Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.71.

Sinohope Technology Holdings Liabilities-to-Assets Historical Data

The historical data trend for Sinohope Technology 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.

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Sinohope Technology Holdings Liabilities-to-Assets Chart

Sinohope Technology Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Liabilities-to-Assets

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0.79

0.68

0.86

0.71

Sinohope Technology Holdings Semi-Annual Data
	Sep13	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Liabilities-to-Assets	Get a 7-Day Free Trial														0.68	0.82	0.86	1.10	0.71

Competitive Comparison of Sinohope Technology Holdings's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Sinohope Technology 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.

Sinohope Technology Holdings's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Sinohope Technology Holdings's Liabilities-to-Assets distribution charts can be found below:

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

Sinohope Technology 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.

Sinohope Technology Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )	=	Total Liabilities	/	Total Assets
	=	534.868	/	748.644
	=	0.71

Sinohope Technology Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )	=	Total Liabilities	/	Total Assets
	=	534.868	/	748.644
	=	0.71

Sinohope Technology Holdings (HKSE:01611) 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.

Sinohope Technology Holdings Liabilities-to-Assets Related Terms

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Sinohope Technology Holdings (HKSE:01611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sinohope Technology Holdings Ltd (HKSE:01611) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Queen's Road Central, 6th Floor, 7th Floor, Unit 702-3, Central, Hong Kong, HKG

Website

https://www.sinohope.com

Sinohope Technology Holdings Ltd Formerly New Huo Technology Holdings Ltd is a digital asset and blockchain specialist company. The Company is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a variety of services in virtual asset ecosystem, such as asset management, trust and custodian business, cryptocurrency trading, and contract manufacturing, on electronic manufacturing services basis, of a wide range of power-related and electrical/electronic products. The company operates in three reportable segments; Virtual asset ecosystem; Provision of technology solution services and Contract manufacturing. The majority of revenue is derived from the Virtual asset ecosystem Segment.

Executives

Avenir Holdings Limited	2101 Beneficial owner
Avenir Investment Limited	2101 Beneficial owner
Shen Nan Peng	2201 Interest of corporation controlled by you
Snp China Enterprises Limited	2201 Interest of corporation controlled by you
Hsg Venture Iv Management, L.p.	2201 Interest of corporation controlled by you
Hsg Cv Iv Senior Holdco, Ltd.	2201 Interest of corporation controlled by you
Hsg Cv Iv Holdco, Ltd.	2101 Beneficial owner
Hongshan Capital Venture Fund Iv, L.p.	2201 Interest of corporation controlled by you
Hsg Holding Limited	2201 Interest of corporation controlled by you
Avenir Capital Inc.	2101 Beneficial owner
Li Lin	2201 Interest of corporation controlled by you
Du Jun	2101 Beneficial owner
Avenir Cayman Holding Limited	2101 Beneficial owner
On Chain Technology Limited	2101 Beneficial owner
Zhong Gengfa	2101 Beneficial owner

Sinohope Technology Holdings (HKSE:01611) Headlines

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