Shangshan Gold International Holdings (HKSE:01939) LT-Debt-to-Total-Asset: 0.04 (As of Mar. 2026)

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HKSE:01939 Shangshan Gold International Holdings Ltd HKSE:01939
56 GF Score
Price HK$0.52
GF Value HK$1.32
Valuation Possible Value Trap
! 4 Warning Signs
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What is Shangshan Gold International Holdings LT-Debt-to-Total-Asset?

Shangshan Gold International Holdings HKSE:01939 +7.29% 56 LT-Debt-to-Total-Asset is 0.04 as of Mar. 2026. GuruFocus rates HKSE:01939 with a GF Score™ of 56/100 and a GF Value™ of HK$1.32 (Possible Value Trap). The stock has 4 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. Shangshan Gold International Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.04.

Shangshan Gold International Holdings's long-term debt to total assets ratio declined from Mar. 2025 (0.06) to Mar. 2026 (0.04). It may suggest that Shangshan Gold International Holdings is progressively becoming less dependent on debt to grow their business.

Shangshan Gold International Holdings  (HKSE:01939) 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.

Shangshan Gold International Holdings LT-Debt-to-Total-Asset Related Terms

Shangshan Gold International Holdings LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Shangshan Gold International Holdings'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.

Shangshan Gold International Holdings LT-Debt-to-Total-Asset Chart

Shangshan Gold International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.08 0.06 0.04

Shangshan Gold International Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.08 0.07 0.06 0.05 0.04
HKSE:01939
56GF Score
Shangshan Gold International Holdings Ltd HKSE:01939
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Shangshan Gold International Holdings LT-Debt-to-Total-Asset Calculation

Shangshan Gold International Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (A: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2026 )/Total Assets (A: Mar. 2026 )
=16.534/449.775
=0.04

Shangshan Gold International Holdings'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 )
=16.534/449.775
=0.04

* 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 0.04 mean?
Shangshan Gold International Holdings (HKSE:01939) has a LT-Debt-to-Total-Asset of 0.04 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 Shangshan Gold International Holdings and its competitors.
Is Shangshan Gold International Holdings' LT-Debt-to-Total-Asset too high?
Shangshan Gold International Holdings' current LT-Debt-to-Total-Asset is 0.04. Overall, Shangshan Gold International Holdings has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shangshan Gold International Holdings' LT-Debt-to-Total-Asset compare to CASY and WSM?
Shangshan Gold International Holdings' LT-Debt-to-Total-Asset of 0.04 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good LT-Debt-to-Total-Asset depends on the Retail - Cyclical 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 Shangshan Gold International Holdings and its competitors. Shangshan Gold International Holdings's current LT-Debt-to-Total-Asset is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangshan Gold International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shangshan Gold International Holdings (HKSE:01939) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.32, compared to a current price of HK$0.52 — trading 61% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.04. Shangshan Gold International Holdings' overall GF Score™ is 56/100 with 4 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 Shangshan Gold International Holdings (HKSE:01939), the current LT-Debt-to-Total-Asset is 0.04 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 Shangshan Gold International Holdings (HKSE:01939) Overvalued in 2026?

Based on GuruFocus' analysis, Shangshan Gold International Holdings stock appears to be undervalued. The current stock price of HK$0.52 is trading 61% below its estimated GF Value™ of HK$1.32. GuruFocus considers Shangshan Gold International Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01939:

  • LT-Debt-to-Total-Asset: 0.04
  • GF Value™: HK$1.32 vs. price of HK$0.52 (61% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shangshan Gold International Holdings Business Description

Address 3-7-5 Kyobashi, 2nd and 3rd Floor, Kyobashi-Square, Chuo-ku, Tokyo, JPN, 104-0031
Shangshan Gold International Holdings Ltd Formerly Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.
56GF Score

Get the complete analysis for HKSE:01939

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

HK$0.52
Price
HK$1.32
GF Value