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Huizhou Speed Wireless Technology Co (SZSE:300322) Liabilities-to-Assets : 0.61 (As of Mar. 2024)


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What is Huizhou Speed Wireless Technology 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. Huizhou Speed Wireless Technology Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥1,690 Mil. Huizhou Speed Wireless Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,772 Mil. Therefore, Huizhou Speed Wireless Technology Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.61.


Huizhou Speed Wireless Technology Co Liabilities-to-Assets Historical Data

The historical data trend for Huizhou Speed Wireless Technology 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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Huizhou Speed Wireless Technology Co Liabilities-to-Assets Chart

Huizhou Speed Wireless Technology Co 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 0.61 0.53 0.51 0.57 0.62

Huizhou Speed Wireless Technology Co 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 0.58 0.62 0.62 0.62 0.61

Competitive Comparison of Huizhou Speed Wireless Technology Co's Liabilities-to-Assets

For the Communication Equipment subindustry, Huizhou Speed Wireless Technology 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.


Huizhou Speed Wireless Technology Co's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huizhou Speed Wireless Technology Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Huizhou Speed Wireless Technology Co's Liabilities-to-Assets falls into.



Huizhou Speed Wireless Technology 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.

Huizhou Speed Wireless Technology Co'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
=1789.842/2883.54
=0.62

Huizhou Speed Wireless Technology Co'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
=1690.48/2772.412
=0.61

* 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.


Huizhou Speed Wireless Technology Co  (SZSE:300322) 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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Huizhou Speed Wireless Technology Co (SZSE:300322) Business Description

Traded in Other Exchanges
N/A
Address
SX-01-02, Shangxia Section, Hi-tech District of East-river, Guangdong, Huizhou, CHN, 516255
Huizhou Speed Wireless Technology Co Ltd is a manufacturer of wireless communication antennas and intelligent terminal product components. The product range consists of precision molds, plastic and metal structure, wireless charging products, fingerprint sensor module, and semiconductor packaging and testing, advanced intelligent test fixture and equipment. The products are mainly used in mobile phones, tablets, wearable devices, notebook computers, automobiles, unmanned aerial vehicles, security monitoring and other fields.
Executives
Wen Qiao Fu Directors, executives
Yu Bin Directors, executives
Zhu Xu Dong Director
Yang Qiang Executives
Zhu Kun Hua Director
Zhang Hai Ying Executives
Huang Gang Executives
Zhu Xu Hua Supervisors
Zhong Zhu Peng Supervisors
Li Bin Directors, executives
Lin Sheng Zhong Director
Huang Yi Hang Securities Affairs Representative
Sun Wen Ke Secretary Dong
Wang Hai Bo Executives
Zhang Qin Yu Independent director

Huizhou Speed Wireless Technology Co (SZSE:300322) Headlines

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