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Zuoli Kechuang Micro-finance Co (HKSE:06866) Liabilities-to-Assets : 0.21 (As of Dec. 2024)


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What is Zuoli Kechuang 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. Zuoli Kechuang Micro-finance Co's Total Liabilities for the quarter that ended in Dec. 2024 was HK$573.8 Mil. Zuoli Kechuang Micro-finance Co's Total Assets for the quarter that ended in Dec. 2024 was HK$2,753.0 Mil. Therefore, Zuoli Kechuang Micro-finance Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.21.


Zuoli Kechuang Micro-finance Co Liabilities-to-Assets Historical Data

The historical data trend for Zuoli Kechuang 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.

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Zuoli Kechuang Micro-finance Co Liabilities-to-Assets Chart

Zuoli Kechuang Micro-finance Co 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 0.29 0.27 0.30 0.25 0.21

Zuoli Kechuang Micro-finance Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 0.23 0.22 0.21 0.22

Competitive Comparison of Zuoli Kechuang Micro-finance Co's Liabilities-to-Assets

For the Credit Services subindustry, Zuoli Kechuang 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.


Zuoli Kechuang Micro-finance Co's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zuoli Kechuang Micro-finance Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Zuoli Kechuang Micro-finance Co's Liabilities-to-Assets falls into.


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Zuoli Kechuang 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.

Zuoli Kechuang Micro-finance Co'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
=573.776/2753.013
=0.21

Zuoli Kechuang Micro-finance Co'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
=573.776/2753.013
=0.21

* 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.


Zuoli Kechuang Micro-finance Co  (HKSE:06866) 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.


Zuoli Kechuang Micro-finance Co Liabilities-to-Assets Related Terms

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Zuoli Kechuang Micro-finance Co Business Description

Traded in Other Exchanges
N/A
Address
No. 399 Deqing Avenue, Wukang Road, Deqing County, Zhejiang Province, Huzhou, CHN, 313200
Zuoli Kechuang Micro-finance Co Ltd is engaged in providing unsecured loans, guaranteed loans, collateralized loans, pledged loans, agriculture loans, individual business loans, other individual loans and loans for agricultural businesses, customers engaged in rural development activities, and/or customers residing in rural areas, SMEs and microenterprises in various industries, as well as online retailers in the businesses of lifestyle products, agricultural products, cultural supplies, and industrial products. The company generates revenue in the form of interest.
Executives
Gawsun (hk) International Trading Co., Limited 2101 Beneficial owner

Zuoli Kechuang Micro-finance Co Headlines

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