Shanghai Smith Adhesive New Material Co (SHSE:603683) LT-Debt-to-Total-Asset: 0.06 (As of Mar. 2026)

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SHSE:603683 Shanghai Smith Adhesive New Material Co Ltd SHSE:603683
74 GF Score
Price ¥14.01
GF Value ¥12.21
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shanghai Smith Adhesive New Material Co LT-Debt-to-Total-Asset?

Shanghai Smith Adhesive New Material Co SHSE:603683 +5.02% 74 LT-Debt-to-Total-Asset is 0.06 as of Mar. 2026. GuruFocus rates SHSE:603683 with a GF Score™ of 74/100 and a GF Value™ of ¥12.21 (Modestly Overvalued). The stock has 5 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 Smith Adhesive New Material Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.06.

Shanghai Smith Adhesive New Material Co's long-term debt to total assets ratio declined from Mar. 2025 (0.10) to Mar. 2026 (0.06). It may suggest that Shanghai Smith Adhesive New Material Co is progressively becoming less dependent on debt to grow their business.


Shanghai Smith Adhesive New Material Co  (SHSE:603683) 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 Smith Adhesive New Material Co LT-Debt-to-Total-Asset Related Terms


Shanghai Smith Adhesive New Material Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Shanghai Smith Adhesive New Material 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.

Shanghai Smith Adhesive New Material Co LT-Debt-to-Total-Asset Chart

Shanghai Smith Adhesive New Material 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 0.09 0.07 0.07 0.10 0.07

Shanghai Smith Adhesive New Material 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 0.10 0.08 0.08 0.07 0.06
SHSE:603683
74GF Score
Shanghai Smith Adhesive New Material Co Ltd SHSE:603683
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Smith Adhesive New Material Co LT-Debt-to-Total-Asset Calculation

Shanghai Smith Adhesive New Material 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 )
=211.514/3157.293
=0.07

Shanghai Smith Adhesive New Material 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 )
=190.409/3224.529
=0.06

* 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 0.06 mean?
Shanghai Smith Adhesive New Material Co (SHSE:603683) has a LT-Debt-to-Total-Asset of 0.06 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 Shanghai Smith Adhesive New Material Co and its competitors.
Is Shanghai Smith Adhesive New Material Co's LT-Debt-to-Total-Asset too high?
Shanghai Smith Adhesive New Material Co's current LT-Debt-to-Total-Asset is 0.06. Overall, Shanghai Smith Adhesive New Material Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Smith Adhesive New Material Co's LT-Debt-to-Total-Asset compare to LIN and SHW?
Shanghai Smith Adhesive New Material Co's LT-Debt-to-Total-Asset of 0.06 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 Shanghai Smith Adhesive New Material Co and its competitors. Shanghai Smith Adhesive New Material Co's current LT-Debt-to-Total-Asset is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Smith Adhesive New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Smith Adhesive New Material Co (SHSE:603683) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.21, compared to a current price of ¥14.01 — trading 14.7% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.06. Shanghai Smith Adhesive New Material Co's overall GF Score™ is 74/100 with 5 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 Smith Adhesive New Material Co (SHSE:603683), the current LT-Debt-to-Total-Asset is 0.06 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 Shanghai Smith Adhesive New Material Co (SHSE:603683) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Smith Adhesive New Material Co stock appears to be overvalued. The current stock price of ¥14.01 is trading 14.7% above its estimated GF Value™ of ¥12.21. GuruFocus considers Shanghai Smith Adhesive New Material Co to be Modestly Overvalued.

Key valuation signals for SHSE:603683:

  • LT-Debt-to-Total-Asset: 0.06
  • GF Value™: ¥12.21 vs. price of ¥14.01 (14.7% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Smith Adhesive New Material Co Business Description

Address Qianfan Road, Room 1702, Building 8, Lane 237, Xinqiao Town, Songjiang District, Shanghai, CHN, 201600
Shanghai Smith Adhesive New Material Co Ltd is engaged in producing and manufacturing adhesive materials, including special paper, profile adhesive tape, electronic adhesive tape, cloth-based adhesive tape and other adhesive tape products. Its main products include masking tape, duct tape, rice tape, double-sided tape, foam tape, aluminum foil tape, kraft paper tape, bopp tape, covering tape and industrial tape. Products are widely used in various fields such as household, automotive, stationary, electronic and other fields.
74GF Score

Get the complete analysis for SHSE:603683

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

¥14.01
Price
¥12.21
GF Value