NDGPF (Nine Dragons Paper (Holdings)) Liabilities-to-Assets : 0.65 (As of Dec. 2025)

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NDGPF Nine Dragons Paper (Holdings) Ltd NDGPF
53 GF Score
Price $0.95
GF Value $0.63
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nine Dragons Paper (Holdings) Liabilities-to-Assets?

Nine Dragons Paper (Holdings) NDGPF 53 Liabilities-to-Assets is 0.65 as of Dec. 2025. GuruFocus rates NDGPF with a GF Score™ of 53/100 and a GF Value™ of $0.63 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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. Nine Dragons Paper (Holdings)'s Total Liabilities for the quarter that ended in Dec. 2025 was $13,685 Mil. Nine Dragons Paper (Holdings)'s Total Assets for the quarter that ended in Dec. 2025 was $21,138 Mil. Therefore, Nine Dragons Paper (Holdings)'s Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.65.


Nine Dragons Paper (Holdings)  (OTCPK:NDGPF) 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.


Nine Dragons Paper (Holdings) Liabilities-to-Assets Related Terms


Nine Dragons Paper (Holdings) Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Nine Dragons Paper (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.

Nine Dragons Paper (Holdings) Liabilities-to-Assets Chart

Nine Dragons Paper (Holdings) Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.56 0.63 0.65 0.66

Nine Dragons Paper (Holdings) Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.65 0.65 0.00 0.66 0.65

Nine Dragons Paper (Holdings) Liabilities-to-Assets Competitor Comparison

For the Paper & Paper Products subindustry, Nine Dragons Paper (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.


Nine Dragons Paper (Holdings) Liabilities-to-Assets vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Nine Dragons Paper (Holdings)'s Liabilities-to-Assets falls into.


NDGPF
53GF Score
Nine Dragons Paper (Holdings) Ltd NDGPF
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nine Dragons Paper (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.

Nine Dragons Paper (Holdings)'s Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2025 is calculated as:

Liabilities-to-Assets (A: Jun. 2025 )=Total Liabilities/Total Assets
=13707.672/20756.249
=0.66

Nine Dragons Paper (Holdings)'s Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 is calculated as

Liabilities-to-Assets (Q: Dec. 2025 )=Total Liabilities/Total Assets
=13685.288/21138.476
=0.65

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.65 mean?
Nine Dragons Paper (Holdings) (NDGPF) has a Liabilities-to-Assets of 0.65 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nine Dragons Paper (Holdings) and its competitors.
Is Nine Dragons Paper (Holdings)'s Liabilities-to-Assets too high?
Nine Dragons Paper (Holdings)'s current Liabilities-to-Assets is 0.65. Overall, Nine Dragons Paper (Holdings) has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nine Dragons Paper (Holdings)'s Liabilities-to-Assets compare to competitors?
Nine Dragons Paper (Holdings)'s Liabilities-to-Assets of 0.65 can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Forest Products company?
A good Liabilities-to-Assets depends on the Forest Products industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nine Dragons Paper (Holdings) and its competitors. Nine Dragons Paper (Holdings)'s current Liabilities-to-Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Dragons Paper (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) (NDGPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.63, compared to a current price of $0.95 — trading 50.8% above its estimated fair value. The current Liabilities-to-Assets is 0.65. Nine Dragons Paper (Holdings)'s overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Nine Dragons Paper (Holdings) (NDGPF), the current Liabilities-to-Assets is 0.65 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nine Dragons Paper (Holdings) (NDGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) stock appears to be overvalued. The current stock price of $0.95 is trading 50.8% above its estimated GF Value™ of $0.63. GuruFocus considers Nine Dragons Paper (Holdings) to be Significantly Overvalued.

Key valuation signals for NDGPF:

  • Liabilities-to-Assets: 0.65
  • GF Value™: $0.63 vs. price of $0.95 (50.8% above fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the NDGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nine Dragons Paper (Holdings) Business Description

Other Exchanges NDGPY:USA02689:Hong Kong
Address No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company is a pulp and paper manufacturing group specializing in the integrated production of pulp and paper, with main products including various kinds of environmentally friendly packaging paper, printing and writing paper, high-end virgin paper, and products from the entire upstream and downstream production chain. Covering the full industry spectrum, it offers kraftlinerboard, testlinerboard, white top linerboard, coated linerboard, bleached folding boxboard, high-performance corrugating medium, coated duplex board, gypsum board cover paper, and more.
53GF Score

Get the complete analysis for NDGPF

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.95
Price
$0.63
GF Value