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China Lesso Group Holdings (HKSE:02128) Liabilities-to-Assets : 0.58 (As of Dec. 2024)


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What is China Lesso Group 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. China Lesso Group Holdings's Total Liabilities for the quarter that ended in Dec. 2024 was HK$36,209 Mil. China Lesso Group Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$62,276 Mil. Therefore, China Lesso Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.58.


China Lesso Group Holdings Liabilities-to-Assets Historical Data

The historical data trend for China Lesso Group 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.

China Lesso Group Holdings Liabilities-to-Assets Chart

China Lesso Group Holdings 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 0.56 0.60 0.62 0.60 0.58

China Lesso Group Holdings 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 0.62 0.62 0.60 0.60 0.58

Competitive Comparison of China Lesso Group Holdings's Liabilities-to-Assets

For the Building Products & Equipment subindustry, China Lesso Group 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.


China Lesso Group Holdings's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Lesso Group Holdings's Liabilities-to-Assets distribution charts can be found below:

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


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China Lesso Group 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.

China Lesso Group Holdings'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
=36208.693/62276.307
=0.58

China Lesso Group Holdings'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
=36208.693/62276.307
=0.58

* 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.


China Lesso Group Holdings  (HKSE:02128) 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.


China Lesso Group Holdings Liabilities-to-Assets Related Terms

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China Lesso Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Liansu Industrial Estate, Longjiang Town, Shunde District, Foshan, CHN, 528318
China Lesso Group Holdings Ltd is engaged in the manufacturing and selling of piping and building materials in Mainland China. The company provides high-quality products and services such as plastic piping, building materials, and home improvement, new energy, environmental protection, and operates a supply chain service platform. It has three segments Southern China, including Guangdong Province, Guangxi Zhuang Autonomous Region, Hunan Province, Fujian Province, and Hainan Province; Other than Southern China, including regions in China other than Southern China; and Outside China.
Executives
Ubs Trustees (b.v.i.) Limited 2301 Trustee
New Fortune Star Limited 2101 Beneficial owner
Wong Luen Hei 2307 Founder of a discretionary trust who can infl
Zuo Xiaoping 2305 Beneficiary of a trust
Xi Xi Development Limited 2201 Interest of corporation controlled by you

China Lesso Group Holdings Headlines

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