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Chengdu Huasun Technology Group (SZSE:000790) Liabilities-to-Assets : 0.49 (As of Mar. 2024)


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What is Chengdu Huasun Technology Group 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. Chengdu Huasun Technology Group's Total Liabilities for the quarter that ended in Mar. 2024 was ¥1,051.1 Mil. Chengdu Huasun Technology Group's Total Assets for the quarter that ended in Mar. 2024 was ¥2,131.7 Mil. Therefore, Chengdu Huasun Technology Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.49.


Chengdu Huasun Technology Group Liabilities-to-Assets Historical Data

The historical data trend for Chengdu Huasun Technology Group'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.

Chengdu Huasun Technology Group Liabilities-to-Assets Chart

Chengdu Huasun Technology Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.20 0.27 0.40 0.50

Chengdu Huasun Technology Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.46 0.46 0.49 0.50 0.49

Competitive Comparison of Chengdu Huasun Technology Group's Liabilities-to-Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Chengdu Huasun Technology Group'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.


Chengdu Huasun Technology Group's Liabilities-to-Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chengdu Huasun Technology Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Chengdu Huasun Technology Group's Liabilities-to-Assets falls into.



Chengdu Huasun Technology Group 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.

Chengdu Huasun Technology Group'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
=1057.086/2133.479
=0.50

Chengdu Huasun Technology Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=1051.103/2131.734
=0.49

* 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.


Chengdu Huasun Technology Group  (SZSE:000790) 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.


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Chengdu Huasun Technology Group (SZSE:000790) Business Description

Traded in Other Exchanges
N/A
Address
1168 Fuxin Avenue, High-tech Zone (West District), No. 101, 1st Floor, Building 2, Sichuan, Chengdu, CHN, 611731
Chengdu Huasun Technology Group Inc Ltd, formerly Chengdu Taihe Health Technology Group Inc Ltd is engaged in the production and distribution of traditional Chinese medicines and chemical drugs in China. It is also involved in veterinary drugs, biological vaccines, and modern steel products.
Executives
Huang Xue Director
Wang Ren Guo Directors, executives
Ye Jing Executives
Jiang Li Executives
Bo Jian Ping Executives
Wang Tian Xiang Executives
Tang Ji Ying Executives
Li Jian Hua Executives
Wan Fang Executives
Wei Yi Guo Executives
Chen Zhong Qiao Director

Chengdu Huasun Technology Group (SZSE:000790) Headlines

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