Shanghai REFIRE Group (HKSE:02570) LT-Debt-to-Total-Asset: 0.09 (As of Dec. 2025)

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HKSE:02570 Shanghai REFIRE Group Ltd HKSE:02570
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What is Shanghai REFIRE Group LT-Debt-to-Total-Asset?

Shanghai REFIRE Group HKSE:02570 -2.90% 3 LT-Debt-to-Total-Asset is 0.09 as of Dec. 2025. GuruFocus rates HKSE:02570 with a GF Score™ of 3/100. The stock has 8 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. Shanghai REFIRE Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2025 was 0.09.

Shanghai REFIRE Group's long-term debt to total assets ratio declined from Dec. 2024 (0.11) to Dec. 2025 (0.09). It may suggest that Shanghai REFIRE Group is progressively becoming less dependent on debt to grow their business.


Shanghai REFIRE Group  (HKSE:02570) 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.


Shanghai REFIRE Group LT-Debt-to-Total-Asset Related Terms


Shanghai REFIRE Group LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Shanghai REFIRE 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.

Shanghai REFIRE Group LT-Debt-to-Total-Asset Chart

Shanghai REFIRE Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
0.19 0.19 0.22 0.11 0.09

Shanghai REFIRE Group Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.22 0.00 0.11 0.11 0.09
HKSE:02570
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Shanghai REFIRE Group Ltd HKSE:02570
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Shanghai REFIRE Group LT-Debt-to-Total-Asset Calculation

Shanghai REFIRE Group'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 )
=403.962/4719.11
=0.09

Shanghai REFIRE Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (Q: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2025 )/Total Assets (Q: Dec. 2025 )
=403.962/4719.11
=0.09

* 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 0.09 mean?
Shanghai REFIRE Group (HKSE:02570) has a LT-Debt-to-Total-Asset of 0.09 as of Dec. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Shanghai REFIRE Group and its competitors.
Is Shanghai REFIRE Group's LT-Debt-to-Total-Asset too high?
Shanghai REFIRE Group's current LT-Debt-to-Total-Asset is 0.09. Overall, Shanghai REFIRE Group has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai REFIRE Group's LT-Debt-to-Total-Asset compare to GEV and ETN?
Shanghai REFIRE Group's LT-Debt-to-Total-Asset of 0.09 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 Shanghai REFIRE Group and its competitors. Shanghai REFIRE Group's current LT-Debt-to-Total-Asset is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai REFIRE Group stock overvalued right now?
Shanghai REFIRE Group (HKSE:02570) has a current LT-Debt-to-Total-Asset of 0.09. The current LT-Debt-to-Total-Asset is 0.09. Shanghai REFIRE Group's overall GF Score™ is 3/100 with 8 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 Shanghai REFIRE Group (HKSE:02570), the current LT-Debt-to-Total-Asset is 0.09 as of Dec. 2025. 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.

Shanghai REFIRE Group Business Description

Address 1555 Jingyuan Road, Room 1004, 1st Floor, Unit 1, Jiading District, Shanghai, CHN
Shanghai REFIRE Group Ltd is a hydrogen technology company in China, It is focused on the design, development, manufacture, and sales of hydrogen fuel cell systems, hydrogen production systems, and related components, as well as providing fuel cell engineering and technical services catering to customers' needs, enabling it to provide one-stop solution for hydrogen production and end-use applications. Key revenue of the Group was derived from operations in Mainland China, and also has its presence in Other Countries.
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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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