Zhonggan Communication (Group) Holdings (HKSE:02545) Liabilities-to-Assets : 0.70 (As of Dec. 2024)

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What is Zhonggan Communication (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. Zhonggan Communication (Group) Holdings's Total Liabilities for the quarter that ended in Dec. 2024 was HK$1,043.8 Mil. Zhonggan Communication (Group) Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$1,496.4 Mil. Therefore, Zhonggan Communication (Group) Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.70.

Zhonggan Communication (Group) Holdings Liabilities-to-Assets Historical Data

The historical data trend for Zhonggan Communication (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.

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Zhonggan Communication (Group) Holdings Liabilities-to-Assets Chart

Zhonggan Communication (Group) Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Liabilities-to-Assets

0.86

0.82

0.89

0.70

Zhonggan Communication (Group) Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Liabilities-to-Assets	Get a 7-Day Free Trial			0.82	-	0.89	0.77	0.70

Competitive Comparison of Zhonggan Communication (Group) Holdings's Liabilities-to-Assets

For the Telecom Services subindustry, Zhonggan Communication (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.

Zhonggan Communication (Group) Holdings's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zhonggan Communication (Group) Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Zhonggan Communication (Group) Holdings's Liabilities-to-Assets falls into.

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Zhonggan Communication (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.

Zhonggan Communication (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
	=	1043.816	/	1496.406
	=	0.70

Zhonggan Communication (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
	=	1043.816	/	1496.406
	=	0.70

Zhonggan Communication (Group) Holdings (HKSE:02545) 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.

Zhonggan Communication (Group) Holdings Liabilities-to-Assets Related Terms

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Zhonggan Communication (Group) Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Zhonggan Communication (Group) Holdings Ltd (HKSE:02545) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2799 Tianxiang Avenue, Room 101, Block 99, Nanchang Jiahai Industrial Park, Jiangxi Province, Nanchang High-tech Industrial Development Zone, Nanchang, CHN

Website

http://www.gantongjt.com

Zhonggan Communication (Group) Holdings Ltd is a integrated service provider and software developer in China. It focuses on the provision of Telecommunications Infrastructure Services and Digitalisation Solution Services. Telecommunications Infrastructure Services comprises of infrastructure Construction Services and Infrastructure Maintenance Services. Digitalisation Solution Services comprise of Integrated Solution Services, System Maintenance Services and - Software Solution Services. Key revenue is generated from Telecommunications Infrastructure Services.

Executives

Gt & Yangtze Limited	2101 Beneficial owner
Liu Haoqiong	2201 Interest of corporation controlled by you
Tao Xiulan	2201 Interest of corporation controlled by you
Liu Dingyi	2201 Interest of corporation controlled by you
Octuple Hills Limited	2101 Beneficial owner
Huat Huat Limited	2101 Beneficial owner
Liu Dingli	2201 Interest of corporation controlled by you

Zhonggan Communication (Group) Holdings Headlines

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