ZHEXF (Zhejiang Expressway Co) Liabilities-to-Assets : 0.68 (As of Dec. 2025)

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ZHEXF Zhejiang Expressway Co Ltd ZHEXF
66 GF Score
Price $0.83
GF Value $1.03
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Zhejiang Expressway Co Liabilities-to-Assets?

Zhejiang Expressway Co ZHEXF 66 Liabilities-to-Assets is 0.68 as of Dec. 2025. GuruFocus rates ZHEXF with a GF Score™ of 66/100 and a GF Value™ of $1.03 (Modestly Undervalued). The stock has 5 warning signs investors should review.

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. Zhejiang Expressway Co's Total Liabilities for the quarter that ended in Dec. 2025 was $28,448 Mil. Zhejiang Expressway Co's Total Assets for the quarter that ended in Dec. 2025 was $41,659 Mil. Therefore, Zhejiang Expressway Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.68.


Zhejiang Expressway Co  (OTCPK:ZHEXF) 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.


Zhejiang Expressway Co Liabilities-to-Assets Related Terms


Zhejiang Expressway Co Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Zhejiang Expressway 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.

Zhejiang Expressway Co Liabilities-to-Assets Chart

Zhejiang Expressway Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.74 0.71 0.66 0.68

Zhejiang Expressway Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 0.69 0.66 0.68 0.68 0.68

Zhejiang Expressway Co Liabilities-to-Assets Competitor Comparison

For the Infrastructure Operations subindustry, Zhejiang Expressway 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.


Zhejiang Expressway Co Liabilities-to-Assets vs Construction Industry

For the Construction industry and Industrials sector, Zhejiang Expressway Co's Liabilities-to-Assets distribution charts can be found below:

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


ZHEXF
66GF Score
Zhejiang Expressway Co Ltd ZHEXF
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Expressway 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.

Zhejiang Expressway Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=28447.804/41659.034
=0.68

Zhejiang Expressway Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 is calculated as

Liabilities-to-Assets (Q: Dec. 2025 )=Total Liabilities/Total Assets
=28447.804/41659.034
=0.68

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.68 mean?
Zhejiang Expressway Co (ZHEXF) has a Liabilities-to-Assets of 0.68 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Zhejiang Expressway Co and its competitors.
Is Zhejiang Expressway Co's Liabilities-to-Assets too high?
Zhejiang Expressway Co's current Liabilities-to-Assets is 0.68. Overall, Zhejiang Expressway Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Expressway Co's Liabilities-to-Assets compare to competitors?
Zhejiang Expressway Co's Liabilities-to-Assets of 0.68 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Construction company?
A good Liabilities-to-Assets depends on the Construction industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Zhejiang Expressway Co and its competitors. Zhejiang Expressway Co's current Liabilities-to-Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Expressway Co (ZHEXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.03, compared to a current price of $0.83 — trading 19.1% below its estimated fair value. The current Liabilities-to-Assets is 0.68. Zhejiang Expressway Co's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Zhejiang Expressway Co (ZHEXF), the current Liabilities-to-Assets is 0.68 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zhejiang Expressway Co (ZHEXF) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Expressway Co stock appears to be undervalued. The current stock price of $0.83 is trading 19.1% below its estimated GF Value™ of $1.03. GuruFocus considers Zhejiang Expressway Co to be Modestly Undervalued.

Key valuation signals for ZHEXF:

  • Liabilities-to-Assets: 0.68
  • GF Value™: $1.03 vs. price of $0.83 (19.1% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the ZHEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Expressway Co Business Description

Other Exchanges 00576:Hong KongZHJ:Germany
Address 199 Wuxing Road, Room 501, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Expressway Co Ltd is a Chinese infrastructure company that, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll operation, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of its revenue domestically.
66GF Score

Get the complete analysis for ZHEXF

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.83
Price
$1.03
GF Value