Daming Electronics Co (SHSE:603376) LT-Debt-to-Total-Asset: 0.04 (As of Mar. 2026)

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SHSE:603376 Daming Electronics Co Ltd SHSE:603376
49 GF Score
Price ¥25.84
! 4 Warning Signs
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What is Daming Electronics Co LT-Debt-to-Total-Asset?

Daming Electronics Co SHSE:603376 -2.34% 49 LT-Debt-to-Total-Asset is 0.04 as of Mar. 2026. GuruFocus rates SHSE:603376 with a GF Score™ of 49/100. 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. Daming Electronics Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.04.

Daming Electronics Co's long-term debt to total assets ratio increased from Mar. 2025 (0.00) to Mar. 2026 (0.04). It may suggest that Daming Electronics Co is progressively becoming more dependent on debt to grow their business.


Daming Electronics Co  (SHSE:603376) 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.


Daming Electronics Co LT-Debt-to-Total-Asset Related Terms


Daming Electronics Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Daming Electronics 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.

Daming Electronics Co LT-Debt-to-Total-Asset Chart

Daming Electronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.12 0.10 0.10 0.04 0.04

Daming Electronics Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 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 0.00 0.13 0.08 0.04 0.04
SHSE:603376
49GF Score
Daming Electronics Co Ltd SHSE:603376
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Daming Electronics Co LT-Debt-to-Total-Asset Calculation

Daming Electronics 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 )
=115.246/3175.355
=0.04

Daming Electronics 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 )
=124.401/2945.957
=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?
Daming Electronics Co (SHSE:603376) 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 Daming Electronics Co and its competitors.
Is Daming Electronics Co's LT-Debt-to-Total-Asset too high?
Daming Electronics Co's current LT-Debt-to-Total-Asset is 0.04. Overall, Daming Electronics Co has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Daming Electronics Co's LT-Debt-to-Total-Asset compare to ORLY and AZO?
Daming Electronics Co's LT-Debt-to-Total-Asset of 0.04 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good LT-Debt-to-Total-Asset depends on the Vehicles & Parts 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 Daming Electronics Co and its competitors. Daming Electronics Co'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 Daming Electronics Co stock overvalued right now?
Daming Electronics Co (SHSE:603376) has a current LT-Debt-to-Total-Asset of 0.04. The current LT-Debt-to-Total-Asset is 0.04. Daming Electronics Co's overall GF Score™ is 49/100 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 Daming Electronics Co (SHSE:603376), 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.

Daming Electronics Co Business Description

Address No. M-1, West Industrial Zone, Hongqiao Town, Zhejiang Province, Yueqing, CHN, 325608
Daming Electronics Co Ltd specializes in producing automobile air-conditioning and acoustic systems, as well as automobile electric appliance switches. The company operates prominently from its manufacturing base in China, supplying a broad range of automotive switches, including automotive electrical switches (such as window lift switches, combination switches, steering wheel switches, and air conditioning controllers), automotive interior lights, and new energy vehicle chargers (DCDC converter assemblies).
49GF 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.

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