New East New Materials Co (SHSE:603110) LT-Debt-to-Total-Asset: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603110 New East New Materials Co Ltd SHSE:603110
67 GF Score
Price ¥25.54
GF Value ¥15.87
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is New East New Materials Co LT-Debt-to-Total-Asset?

New East New Materials Co SHSE:603110 +2.65% 67 LT-Debt-to-Total-Asset is 0.00 as of Mar. 2026. GuruFocus rates SHSE:603110 with a GF Score™ of 67/100 and a GF Value™ of ¥15.87 (Significantly Overvalued). The stock has 10 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. New East New Materials Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.00.

New East New Materials Co's long-term debt to total assets ratio increased from Mar. 2025 (0.00) to Mar. 2026 (0.00). It may suggest that New East New Materials Co is progressively becoming more dependent on debt to grow their business.


New East New Materials Co  (SHSE:603110) 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.


New East New Materials Co LT-Debt-to-Total-Asset Related Terms


New East New Materials Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for New East New Materials 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.

New East New Materials Co LT-Debt-to-Total-Asset Chart

New East New Materials 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 0.00 0.00 0.00 0.00 0.00

New East New Materials 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 0.00 0.00 0.00 0.00 0.00
SHSE:603110
67GF Score
New East New Materials Co Ltd SHSE:603110
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New East New Materials Co LT-Debt-to-Total-Asset Calculation

New East New Materials 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 )
=0.961/814.846
=0.00

New East New Materials 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 )
=0.796/822.445
=0.00

* 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 0.00 mean?
New East New Materials Co (SHSE:603110) has a LT-Debt-to-Total-Asset of 0.00 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 New East New Materials Co and its competitors.
Is New East New Materials Co's LT-Debt-to-Total-Asset too high?
New East New Materials Co's current LT-Debt-to-Total-Asset is 0.00. Overall, New East New Materials Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New East New Materials Co's LT-Debt-to-Total-Asset compare to LIN and SHW?
New East New Materials Co's LT-Debt-to-Total-Asset of 0.00 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 New East New Materials Co and its competitors. New East New Materials Co's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New East New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, New East New Materials Co (SHSE:603110) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.87, compared to a current price of ¥25.54 — trading 60.9% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.00. New East New Materials Co's overall GF Score™ is 67/100 with 10 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 New East New Materials Co (SHSE:603110), the current LT-Debt-to-Total-Asset is 0.00 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 New East New Materials Co (SHSE:603110) Overvalued in 2026?

Based on GuruFocus' analysis, New East New Materials Co stock appears to be overvalued. The current stock price of ¥25.54 is trading 60.9% above its estimated GF Value™ of ¥15.87. GuruFocus considers New East New Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:603110:

  • LT-Debt-to-Total-Asset: 0.00
  • GF Value™: ¥15.87 vs. price of ¥25.54 (60.9% above fair value)
  • GF Score™: 67/100 with 10 warning signs

No single metric tells the full story. See the SHSE:603110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New East New Materials Co Business Description

Address No. 101, Huangjiao Road, Huangyan, Taizhou, CHN, 318020
New East New Materials Co Ltd is a chemical products manufacturer. Its activities include manufacturing and sales of ink and adhesive products.
67GF Score

Get the complete analysis for SHSE:603110

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

¥25.54
Price
¥15.87
GF Value