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Gree Electric Appliances of Zhuhai (SZSE:000651) Liabilities-to-Assets : 0.63 (As of Mar. 2025)


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What is Gree Electric Appliances of Zhuhai 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. Gree Electric Appliances of Zhuhai's Total Liabilities for the quarter that ended in Mar. 2025 was ¥247,276 Mil. Gree Electric Appliances of Zhuhai's Total Assets for the quarter that ended in Mar. 2025 was ¥394,569 Mil. Therefore, Gree Electric Appliances of Zhuhai's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 was 0.63.


Gree Electric Appliances of Zhuhai Liabilities-to-Assets Historical Data

The historical data trend for Gree Electric Appliances of Zhuhai'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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Gree Electric Appliances of Zhuhai Liabilities-to-Assets Chart

Gree Electric Appliances of Zhuhai 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 0.58 0.66 0.71 0.67 0.62

Gree Electric Appliances of Zhuhai Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.67 0.68 0.65 0.62 0.63

Competitive Comparison of Gree Electric Appliances of Zhuhai's Liabilities-to-Assets

For the Furnishings, Fixtures & Appliances subindustry, Gree Electric Appliances of Zhuhai'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.


Gree Electric Appliances of Zhuhai's Liabilities-to-Assets Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gree Electric Appliances of Zhuhai's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Gree Electric Appliances of Zhuhai's Liabilities-to-Assets falls into.


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Gree Electric Appliances of Zhuhai 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.

Gree Electric Appliances of Zhuhai'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
=226518.01/368031.705
=0.62

Gree Electric Appliances of Zhuhai's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 is calculated as

Liabilities-to-Assets (Q: Mar. 2025 )=Total Liabilities/Total Assets
=247276.038/394568.798
=0.63

* 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.


Gree Electric Appliances of Zhuhai  (SZSE:000651) 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.


Gree Electric Appliances of Zhuhai Liabilities-to-Assets Related Terms

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Gree Electric Appliances of Zhuhai Business Description

Traded in Other Exchanges
N/A
Address
Jinji West Road, Qianshan, Guangdong Province, Zhuhai, CHN, 519070
Gree Electric Appliances is one of the largest heating, ventilating, and air conditioning, or HVAC, product manufacturers in China, with key products such as residential and commercial air conditioners. Gree generates over 80% of sales domestically and is backed by China's Zhuhai local government. Air conditioners remain the biggest contributor to Gree's earnings, with an over 70% representation over the years. The company has also made forays into industrial component parts, photovoltaic equipment, new energy vehicles, and battery production. As of March 2024, Chairwoman Dong Mingzhu and privately owned investment entity Zhuhai Mingjun collectively held 17% of its total equity interest, while state-owned Zhuhai Gree Group owned 3.4%.
Executives
Deng Xiao Bo Secretary, Director
Duan Xiu Feng Supervisors
Zhang Wei Director
Tan Jian Ming Executives
Huang Hui Directors, executives
Zhang Jun Du Director
Xu Zi Fa Director
Dong Ming Zhu Directors, executives
Liu Jun Executives
Wang Jing Dong Directors, executives
Yang Yong Xing Securities Affairs Representative
Chen Wei Cai Executives
Wang Li Qin Supervisors
Meng Xiang Kai Director
Zhuang Pei Executives

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