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Wafangdian Bearing Co (SZSE:200706) Liabilities-to-Assets : 0.92 (As of Mar. 2025)


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What is Wafangdian Bearing 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. Wafangdian Bearing Co's Total Liabilities for the quarter that ended in Mar. 2025 was HK$3,117 Mil. Wafangdian Bearing Co's Total Assets for the quarter that ended in Mar. 2025 was HK$3,389 Mil. Therefore, Wafangdian Bearing Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 was 0.92.


Wafangdian Bearing Co Liabilities-to-Assets Historical Data

The historical data trend for Wafangdian Bearing 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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Wafangdian Bearing Co Liabilities-to-Assets Chart

Wafangdian Bearing 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 0.74 0.81 0.86 0.88 0.92

Wafangdian Bearing Co 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 0.89 0.90 0.91 0.92 0.92

Competitive Comparison of Wafangdian Bearing Co's Liabilities-to-Assets

For the Tools & Accessories subindustry, Wafangdian Bearing 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.


Wafangdian Bearing Co's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wafangdian Bearing Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Wafangdian Bearing Co's Liabilities-to-Assets falls into.


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Wafangdian Bearing 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.

Wafangdian Bearing 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
=3262.362/3541.007
=0.92

Wafangdian Bearing Co'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
=3116.777/3388.5
=0.92

* 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.


Wafangdian Bearing Co  (SZSE:200706) 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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Wafangdian Bearing Co Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Beigongji Street, Liaoning Province, Wafangdian, CHN, 116300
Wafangdian Bearing Co Ltd is a company engaged in the manufacturing and sales of bearings, bearing parts, mechanical equipment, auto parts and related products; bearing repair, maintenance and technical services; leasing of mechanical equipment and houses; testing of bearings and related mechanical equipment and measuring instruments and meters.
Executives
Zhang Xing Hai Directors, executives
Dan Shi Kai Executives

Wafangdian Bearing Co Headlines

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