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Tofflon Science and Technology Group Co (SZSE:300171) Liabilities-to-Assets : 0.38 (As of Mar. 2025)


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What is Tofflon Science and Technology Group 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. Tofflon Science and Technology Group Co's Total Liabilities for the quarter that ended in Mar. 2025 was ¥4,962 Mil. Tofflon Science and Technology Group Co's Total Assets for the quarter that ended in Mar. 2025 was ¥13,027 Mil. Therefore, Tofflon Science and Technology Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 was 0.38.


Tofflon Science and Technology Group Co Liabilities-to-Assets Historical Data

The historical data trend for Tofflon Science and Technology Group 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.

* Premium members only.

Tofflon Science and Technology Group Co Liabilities-to-Assets Chart

Tofflon Science and Technology Group 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 0.44 0.54 0.43 0.37 0.38

Tofflon Science and Technology Group 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 0.37 0.38 0.38 0.38 0.38

Competitive Comparison of Tofflon Science and Technology Group Co's Liabilities-to-Assets

For the Medical Instruments & Supplies subindustry, Tofflon Science and Technology Group 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.


Tofflon Science and Technology Group Co's Liabilities-to-Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tofflon Science and Technology Group Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Tofflon Science and Technology Group Co's Liabilities-to-Assets falls into.


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Tofflon Science and Technology Group 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.

Tofflon Science and Technology Group 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
=5021.636/13068.34
=0.38

Tofflon Science and Technology Group 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
=4961.901/13027.382
=0.38

* 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.


Tofflon Science and Technology Group Co  (SZSE:300171) 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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Tofflon Science and Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
1509 Duhui Road, Building No. 4, Minhang District, Shanghai, CHN, 201108
Tofflon Science and Technology Group Co Ltd manufactures and sells pharmaceutical freeze dryers. The company offers laboratory, pilot, production, and mass-production freeze dryers.
Executives
Zheng Xiao Dong Directors, executives
Chang Cheng Executives
Zheng Jin Wang Directors, executives
Tang Hui Xing Director
Zhang Hai Bin Directors, executives
Xu Zhi Jun Executives
Wu Zhang Xin Executives
Xiong Fang Jun Directors, executives
Wang Yan Securities Affairs Representative
Zhou Xue Mei Supervisors
Zheng Xiao You Directors, executives

Tofflon Science and Technology Group Co Headlines

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