China Testing & Certification International Group Co (SHSE:603060) LT-Debt-to-Total-Asset: 0.20 (As of Mar. 2026)

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SHSE:603060 China Testing & Certification International Group Co Ltd SHSE:603060
81 GF Score
Price ¥5.39
GF Value ¥6.89
Valuation Modestly Undervalued
! 8 Warning Signs
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What is China Testing & Certification International Group Co LT-Debt-to-Total-Asset?

China Testing & Certification International Group Co SHSE:603060 +0.37% 81 LT-Debt-to-Total-Asset is 0.20 as of Mar. 2026. GuruFocus rates SHSE:603060 with a GF Score™ of 81/100 and a GF Value™ of ¥6.89 (Modestly Undervalued). 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. China Testing & Certification International Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.20.

China Testing & Certification International Group Co's long-term debt to total assets ratio declined from Mar. 2025 (0.21) to Mar. 2026 (0.20). It may suggest that China Testing & Certification International Group Co is progressively becoming less dependent on debt to grow their business.


China Testing & Certification International Group Co  (SHSE:603060) 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.


China Testing & Certification International Group Co LT-Debt-to-Total-Asset Related Terms


China Testing & Certification International Group Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for China Testing & Certification International Group 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.

China Testing & Certification International Group Co LT-Debt-to-Total-Asset Chart

China Testing & Certification International Group 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 0.15 0.14 0.14 0.21 0.20

China Testing & Certification International Group 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 0.21 0.21 0.21 0.20 0.20
SHSE:603060
81GF Score
China Testing & Certification International Group Co Ltd SHSE:603060
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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China Testing & Certification International Group Co LT-Debt-to-Total-Asset Calculation

China Testing & Certification International Group 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 )
=1150.869/5649.14
=0.20

China Testing & Certification International Group 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 )
=1153.81/5671.63
=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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.20 mean?
China Testing & Certification International Group Co (SHSE:603060) has a LT-Debt-to-Total-Asset of 0.20 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 China Testing & Certification International Group Co and its competitors.
Is China Testing & Certification International Group Co's LT-Debt-to-Total-Asset too high?
China Testing & Certification International Group Co's current LT-Debt-to-Total-Asset is 0.20. Overall, China Testing & Certification International Group Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Testing & Certification International Group Co's LT-Debt-to-Total-Asset compare to VRSK and EFX?
China Testing & Certification International Group Co's LT-Debt-to-Total-Asset of 0.20 can be compared against companies in the Business Services 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 Business Services company?
A good LT-Debt-to-Total-Asset depends on the Business Services 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 China Testing & Certification International Group Co and its competitors. China Testing & Certification International Group Co's current LT-Debt-to-Total-Asset is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Testing & Certification International Group Co stock overvalued right now?
Based on GuruFocus' analysis, China Testing & Certification International Group Co (SHSE:603060) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.89, compared to a current price of ¥5.39 — trading 21.8% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.20. China Testing & Certification International Group Co's overall GF Score™ is 81/100 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 China Testing & Certification International Group Co (SHSE:603060), the current LT-Debt-to-Total-Asset is 0.20 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 China Testing & Certification International Group Co (SHSE:603060) Overvalued in 2026?

Based on GuruFocus' analysis, China Testing & Certification International Group Co stock appears to be undervalued. The current stock price of ¥5.39 is trading 21.8% below its estimated GF Value™ of ¥6.89. GuruFocus considers China Testing & Certification International Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603060:

  • LT-Debt-to-Total-Asset: 0.20
  • GF Value™: ¥6.89 vs. price of ¥5.39 (21.8% below fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Testing & Certification International Group Co Business Description

Address No. 1 Guanzhuang Dongli, South Building, Research and Production Area, Chaoyang District, Beijing, CHN, 100024
China Testing & Certification International Group Co Ltd provides third-party inspection and certification services in the fields of building materials and construction engineering. Its service offering comprises certification, safety and instrument development services as well as extended services such as energy-saving emission reduction technology services, standardization services, personnel training and occupational skill identification. The company primarily serve the building materials and construction engineering enterprises, solar photovoltaic product production and application enterprises, carbon emission trading units, product quality and technical supervision departments, industrial and commercial management departments and safety production supervision departments.
81GF 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.

¥5.39
Price
¥6.89
GF Value