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China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Liabilities-to-Assets : 0.38 (As of Sep. 2023)


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What is China Resources Building Materials Technology Holdings 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. China Resources Building Materials Technology Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was $3,916 Mil. China Resources Building Materials Technology Holdings's Total Assets for the quarter that ended in Sep. 2023 was $10,299 Mil. Therefore, China Resources Building Materials Technology Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.38.


China Resources Building Materials Technology Holdings Liabilities-to-Assets Historical Data

The historical data trend for China Resources Building Materials Technology Holdings'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.

China Resources Building Materials Technology Holdings Liabilities-to-Assets Chart

China Resources Building Materials Technology Holdings 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 0.31 0.27 0.30 0.37 0.37

China Resources Building Materials Technology Holdings Quarterly Data
Jun16 Sep16 Dec16 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 0.39 0.38 0.37

Competitive Comparison of China Resources Building Materials Technology Holdings's Liabilities-to-Assets

For the Building Materials subindustry, China Resources Building Materials Technology Holdings'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.


China Resources Building Materials Technology Holdings's Liabilities-to-Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Resources Building Materials Technology Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where China Resources Building Materials Technology Holdings's Liabilities-to-Assets falls into.



China Resources Building Materials Technology Holdings 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.

China Resources Building Materials Technology Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=3770.948/10210.098
=0.37

China Resources Building Materials Technology Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=3916.183/10299.419
=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.


China Resources Building Materials Technology Holdings  (OTCPK:CARCY) 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.


China Resources Building Materials Technology Holdings Liabilities-to-Assets Related Terms

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China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Building Materials Technology Holdings Ltd formerly China Resources Cement Holdings Ltd is a cement and concrete producer in Southern China. Its operations range from the excavation of limestone to the production, sale, and distribution of cement, clinker, and concrete. The company's segments are Cement and Concrete of which its majority revenue is derived from the manufacture and sale of cement products. The group products are mainly used in the construction of infrastructure projects such as railways, highways, subways, bridges, airports, ports, dams, hydroelectric power stations, and nuclear power stations, as well as the construction of high-rise buildings and the development of suburban and rural areas. Geographically, the majority is derived from Guangdong.

China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Headlines