Henan Tianma New Material Co (BJSE:920971) LT-Debt-to-Total-Asset: 0.03 (As of Mar. 2026)

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BJSE:920971 Henan Tianma New Material Co Ltd BJSE:920971
77 GF Score
Price ¥26.15
GF Value ¥33.64
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Henan Tianma New Material Co LT-Debt-to-Total-Asset?

Henan Tianma New Material Co BJSE:920971 77 LT-Debt-to-Total-Asset is 0.03 as of Mar. 2026. GuruFocus rates BJSE:920971 with a GF Score™ of 77/100 and a GF Value™ of ¥33.64 (Modestly Undervalued). The stock has 6 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Henan Tianma New Material Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.03.

Henan Tianma New Material Co's long-term debt to total assets ratio increased from Mar. 2025 (0.01) to Mar. 2026 (0.03). It may suggest that Henan Tianma New Material Co is progressively becoming more dependent on debt to grow their business.

Henan Tianma New Material Co  (BJSE:920971) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Henan Tianma New Material Co LT-Debt-to-Total-Asset Related Terms

Henan Tianma New Material Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Henan Tianma New Material Co's LT-Debt-to-Total-Asset 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.

Henan Tianma New Material Co LT-Debt-to-Total-Asset Chart

Henan Tianma New Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.00 0.02 0.02

Henan Tianma New Material Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
LT-Debt-to-Total-Asset 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 0.01 0.04 0.02 0.02 0.03
BJSE:920971
77GF Score
Henan Tianma New Material Co Ltd BJSE:920971
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Henan Tianma New Material Co LT-Debt-to-Total-Asset Calculation

Henan Tianma New Material Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=9.8/575.956
=0.02

Henan Tianma New Material Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=16.55/569.08
=0.03

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.03 mean?
Henan Tianma New Material Co (BJSE:920971) has a LT-Debt-to-Total-Asset of 0.03 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Henan Tianma New Material Co and its competitors.
Is Henan Tianma New Material Co's LT-Debt-to-Total-Asset too high?
Henan Tianma New Material Co's current LT-Debt-to-Total-Asset is 0.03. Overall, Henan Tianma New Material Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Tianma New Material Co's LT-Debt-to-Total-Asset compare to LIN and SHW?
Henan Tianma New Material Co's LT-Debt-to-Total-Asset of 0.03 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Chemicals company?
A good LT-Debt-to-Total-Asset depends on the Chemicals industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Henan Tianma New Material Co and its competitors. Henan Tianma New Material Co's current LT-Debt-to-Total-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Tianma New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Tianma New Material Co (BJSE:920971) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥33.64, compared to a current price of ¥26.15 — trading 22.3% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.03. Henan Tianma New Material Co's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Henan Tianma New Material Co (BJSE:920971), the current LT-Debt-to-Total-Asset is 0.03 as of Mar. 2026. 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 Henan Tianma New Material Co (BJSE:920971) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Tianma New Material Co stock appears to be undervalued. The current stock price of ¥26.15 is trading 22.3% below its estimated GF Value™ of ¥33.64. GuruFocus considers Henan Tianma New Material Co to be Modestly Undervalued.

Key valuation signals for BJSE:920971:

  • LT-Debt-to-Total-Asset: 0.03
  • GF Value™: ¥33.64 vs. price of ¥26.15 (22.3% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the BJSE:920971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Henan Tianma New Material Co Business Description

Address No. 1109 Science Avenue, Industrial Road Street, Shangjie District, Henan Province, Zhengzhou, CHN, 450041
Henan Tianma New Material Co Ltd is engaged in the production and sales of high-performance fine alumina powder. The company's main products are for electronic ceramics, high-voltage electrical appliances, electronic and photovoltaic glass, lithium battery separators, and grinding and polishing applications.
77GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥26.15
Price
¥33.64
GF Value