GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Central China Management Co Ltd (HKSE:09982) » Definitions » Liabilities-to-Assets

Central China Management Co (HKSE:09982) Liabilities-to-Assets : 0.20 (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Central China Management 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. Central China Management Co's Total Liabilities for the quarter that ended in Jun. 2023 was HK$679.3 Mil. Central China Management Co's Total Assets for the quarter that ended in Jun. 2023 was HK$3,469.3 Mil. Therefore, Central China Management Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.20.


Central China Management Co Liabilities-to-Assets Historical Data

The historical data trend for Central China Management 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.

Central China Management Co Liabilities-to-Assets Chart

Central China Management Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
0.44 0.46 0.40 0.20 0.19

Central China Management Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.21 0.20 0.17 0.19 0.20

Competitive Comparison of Central China Management Co's Liabilities-to-Assets

For the Real Estate Services subindustry, Central China Management 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.


Central China Management Co's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central China Management Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Central China Management Co's Liabilities-to-Assets falls into.



Central China Management 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.

Central China Management Co'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
=575.827/3007.8
=0.19

Central China Management Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=679.338/3469.261
=0.20

* 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.


Central China Management Co  (HKSE:09982) 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.


Central China Management Co Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Central China Management Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Central China Management Co (HKSE:09982) Business Description

Traded in Other Exchanges
N/A
Address
Nongye East Road, Room 212, 313, Block C, Jianye Office Building, Henan Province, Zhengzhou, CHN
Central China Management Company, or CCMGT, is one of China's leading property project management companies with a dominant market position in Henan province. As a project manager, CCMGT may be involved in overseeing the design, construction, marketing, and sales strategy of a development for its clients, that is, the project owners. CCMGT is a sister company of Central China Real Estate, or CCRE, a prominent real estate developer in Henan. Both CCMGT and CCRE are not government-linked or owned.

Central China Management Co (HKSE:09982) Headlines

No Headlines