Pujiang International Group (HKSE:02060) LT-Debt-to-Total-Asset: 0.01 (As of Jun. 2023)

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HKSE:02060 Pujiang International Group Ltd HKSE:02060
4 GF Score
Price HK$0.19
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What is Pujiang International Group LT-Debt-to-Total-Asset?

Pujiang International Group HKSE:02060 4 LT-Debt-to-Total-Asset is 0.01 as of Jun. 2023. GuruFocus rates HKSE:02060 with a GF Score™ of 4/100.

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. Pujiang International Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.01.

Pujiang International Group's long-term debt to total assets ratio declined from Jun. 2022 (0.05) to Jun. 2023 (0.01). It may suggest that Pujiang International Group is progressively becoming less dependent on debt to grow their business.

Pujiang International Group  (HKSE:02060) 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.

Pujiang International Group LT-Debt-to-Total-Asset Related Terms

Pujiang International Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Pujiang International Group'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.

Pujiang International Group LT-Debt-to-Total-Asset Chart

Pujiang International Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.01 0.13 0.01 0.02

Pujiang International Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.13 0.01 0.05 0.02 0.01
HKSE:02060
4GF Score
Pujiang International Group Ltd HKSE:02060
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Pujiang International Group LT-Debt-to-Total-Asset Calculation

Pujiang International Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=106.862/6248.747
=0.02

Pujiang International Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=78.281/6333.61
=0.01

* 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 0.01 mean?
Pujiang International Group (HKSE:02060) has a LT-Debt-to-Total-Asset of 0.01 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Pujiang International Group and its competitors.
Is Pujiang International Group's LT-Debt-to-Total-Asset too high?
Pujiang International Group's current LT-Debt-to-Total-Asset is 0.01. Overall, Pujiang International Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Pujiang International Group's LT-Debt-to-Total-Asset compare to ATI and MLI?
Pujiang International Group's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products 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 Pujiang International Group and its competitors. Pujiang International Group's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pujiang International Group stock overvalued right now?
Pujiang International Group (HKSE:02060) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Pujiang International Group's overall GF Score™ is 4/100. 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 Pujiang International Group (HKSE:02060), the current LT-Debt-to-Total-Asset is 0.01 as of Jun. 2023. 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.

Pujiang International Group Business Description

Address 518 Shangcheng Road, 16th Floor, Shanghai, CHN, 200120
Pujiang International Group Ltd is a provider of bridge cables for the construction of super-long-span bridges in China and prestressed materials manufacturers in China. It is principally engaged in the manufacture of cables for the construction of bridges and prestressed materials for various infrastructure construction. The company has two main reporting business segments, namely, the business which manufactures cables for long-span bridges (the Cable Business) and the business which manufactures prestressed materials for various infrastructure construction (the Prestressed Materials Business). The Group's revenue customers are derived mainly from its operations in China.
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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.

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