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China Oral Industry Group Holdings (HKSE:08406) Liabilities-to-Assets : 0.47 (As of Jun. 2024)


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What is China Oral Industry 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 Oral Industry Group Holdings's Total Liabilities for the quarter that ended in Jun. 2024 was HK$118.5 Mil. China Oral Industry Group Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$254.2 Mil. Therefore, China Oral Industry Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.47.


China Oral Industry Group Holdings Liabilities-to-Assets Historical Data

The historical data trend for China Oral Industry 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 Oral Industry Group Holdings Liabilities-to-Assets Chart

China Oral Industry Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.34 0.33 0.42 0.36 0.43

China Oral Industry Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only - 0.35 - 0.43 0.47

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

For the Leisure subindustry, China Oral Industry 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 Oral Industry Group Holdings's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Oral Industry Group Holdings's Liabilities-to-Assets distribution charts can be found below:

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



China Oral Industry 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 Oral Industry Group Holdings'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
=86.529/201.009
=0.43

China Oral Industry Group Holdings'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
=118.471/254.246
=0.47

* 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 Oral Industry Group Holdings  (HKSE:08406) 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 Oral Industry Group Holdings Liabilities-to-Assets Related Terms

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China Oral Industry Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Xinping Road, Dongcheng Industrial Zone, Minzhong Town, Guangdong Province, Zhongshan City, CHN
China Oral Industry Group Holdings Ltd is principally engaged in the manufacturing and sales of inflatable products and related accessories. Some of its products are air blowers, mini inflatable playgrounds, inflatable tents, inflatable ball pools, polyvinyl chloride (PVC) laminated oxford, plastic nails, and other accessories. The company generates revenue from customers located in China, Europe, Australia and Oceania, North America, Asia, and Central and South America. The firm has two operating segments. Inflatable products business segment derives majority revenue manufactures and sales of inflatable products and related accessories; Dental clinic business segment engages in provision of dental clinic services and sales of dental-related products in the PRC.
Executives
Risen Thrive Limited 2101 Beneficial owner
Yan Ping 2201 Interest of corporation controlled by you

China Oral Industry Group Holdings Headlines

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