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Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Liabilities-to-Assets : 0.02 (As of Jun. 2024)


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What is Yangzhou Guangling District Taihe Rural Micro-finance Co 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. Yangzhou Guangling District Taihe Rural Micro-finance Co's Total Liabilities for the quarter that ended in Jun. 2024 was HK$21.85 Mil. Yangzhou Guangling District Taihe Rural Micro-finance Co's Total Assets for the quarter that ended in Jun. 2024 was HK$949.79 Mil. Therefore, Yangzhou Guangling District Taihe Rural Micro-finance Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.02.


Yangzhou Guangling District Taihe Rural Micro-finance Co Liabilities-to-Assets Historical Data

The historical data trend for Yangzhou Guangling District Taihe Rural Micro-finance Co'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.

Yangzhou Guangling District Taihe Rural Micro-finance Co Liabilities-to-Assets Chart

Yangzhou Guangling District Taihe Rural Micro-finance Co 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 0.02 0.03 0.02 0.02 0.02

Yangzhou Guangling District Taihe Rural Micro-finance Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Yangzhou Guangling District Taihe Rural Micro-finance Co's Liabilities-to-Assets

For the Credit Services subindustry, Yangzhou Guangling District Taihe Rural Micro-finance Co'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.


Yangzhou Guangling District Taihe Rural Micro-finance Co's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yangzhou Guangling District Taihe Rural Micro-finance Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Yangzhou Guangling District Taihe Rural Micro-finance Co's Liabilities-to-Assets falls into.



Yangzhou Guangling District Taihe Rural Micro-finance Co 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.

Yangzhou Guangling District Taihe Rural Micro-finance Co'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
=16.616/970.092
=0.02

Yangzhou Guangling District Taihe Rural Micro-finance Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=21.846/949.791
=0.02

* 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.


Yangzhou Guangling District Taihe Rural Micro-finance Co  (HKSE:01915) 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.


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Yangzhou Guangling District Taihe Rural Micro-finance Co Business Description

Traded in Other Exchanges
N/A
Address
Beizhou Road, Lidian Town, Guangling District, Jiangsu Province, Yangzhou, CHN
Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd is engaged in the microfinance business. The company offers micro and small loans in two formats, term loans, and loans under the credit facility to its customers. Its services are the granting of loans to Agriculture, Rural Areas, and Farmers, provision of financial guarantees, acting as a financial institution agent, and other financial businesses. The group's revenue is generated from the provision of loans to small and medium-sized and micro enterprises located in Yangzhou, Jiangsu Province in the PRC.

Yangzhou Guangling District Taihe Rural Micro-finance Co Headlines

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