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Billion Industrial Holdings (HKSE:02299) Liabilities-to-Assets : 0.61 (As of Dec. 2024)


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What is Billion Industrial 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. Billion Industrial Holdings's Total Liabilities for the quarter that ended in Dec. 2024 was HK$18,391 Mil. Billion Industrial Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$30,124 Mil. Therefore, Billion Industrial Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.61.


Billion Industrial Holdings Liabilities-to-Assets Historical Data

The historical data trend for Billion Industrial 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.

Billion Industrial Holdings Liabilities-to-Assets Chart

Billion Industrial 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 0.61 0.61 0.63 0.61 0.61

Billion Industrial 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 0.63 0.62 0.61 0.63 0.61

Competitive Comparison of Billion Industrial Holdings's Liabilities-to-Assets

For the Textile Manufacturing subindustry, Billion Industrial 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.


Billion Industrial Holdings's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Billion Industrial Holdings's Liabilities-to-Assets distribution charts can be found below:

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


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Billion Industrial 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.

Billion Industrial 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
=18390.853/30124.135
=0.61

Billion Industrial 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
=18390.853/30124.135
=0.61

* 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.


Billion Industrial Holdings  (HKSE:02299) 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.


Billion Industrial Holdings Liabilities-to-Assets Related Terms

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Billion Industrial Holdings Business Description

Traded in Other Exchanges
N/A
Address
Fenglin Industrial Zone, Longhu Town, Fujian, Jinjiang City, CHN
Billion Industrial Holdings Ltd is an investment holding. The company develops, manufactures, and sells polyester filament yarns and polyester thin films, polyester products, polyester industrial yarns products and ES fiber products in the People's Republic of China. Its polyester filament yarns include drawn textured, fully drawn, and partially oriented yarns for use in the production of fabrics and textiles for various consumer products, including apparel, footwear, and home furnishings.
Executives
Xiang Gang Rong An Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhong Guo Jie Neng Huan Bao Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Chong Qing Zhong Jie Neng Shi Ye You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Jie Neng Jie Neng Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Huang Shaorong 2201 Interest of corporation controlled by you
Ever Luxuriant Global Trading Limited 2101 Beneficial owner
Haibin International Investments Limited 2101 Beneficial owner
Kingom Power Limited 2401 A concert party to an agreement to buy shares
Sze Tin Yau 2401 A concert party to an agreement to buy shares
Lin Haibin 2306 Nominee for another person
Winwett Investments Limited 2101 Beneficial owner
Wu Jinbiao 2201 Interest of corporation controlled by you

Billion Industrial Holdings Headlines

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