Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) LT-Debt-to-Total-Asset: 0.06 (As of Mar. 2026)

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SHSE:603978 Shenzhen Sunxing Light Alloys Materials Co Ltd SHSE:603978
73 GF Score
Price ¥18.50
GF Value ¥23.04
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shenzhen Sunxing Light Alloys Materials Co LT-Debt-to-Total-Asset?

Shenzhen Sunxing Light Alloys Materials Co SHSE:603978 -1.18% 73 LT-Debt-to-Total-Asset is 0.06 as of Mar. 2026. GuruFocus rates SHSE:603978 with a GF Score™ of 73/100 and a GF Value™ of ¥23.04 (Modestly Undervalued). The stock has 7 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. Shenzhen Sunxing Light Alloys Materials Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.06.

Shenzhen Sunxing Light Alloys Materials Co's long-term debt to total assets ratio declined from Mar. 2025 (0.09) to Mar. 2026 (0.06). It may suggest that Shenzhen Sunxing Light Alloys Materials Co is progressively becoming less dependent on debt to grow their business.

Shenzhen Sunxing Light Alloys Materials Co  (SHSE:603978) 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.

Shenzhen Sunxing Light Alloys Materials Co LT-Debt-to-Total-Asset Related Terms

Shenzhen Sunxing Light Alloys Materials Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Shenzhen Sunxing Light Alloys 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.

Shenzhen Sunxing Light Alloys Materials Co LT-Debt-to-Total-Asset Chart

Shenzhen Sunxing Light Alloys 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 0.16 0.20 0.25 0.10 0.07

Shenzhen Sunxing Light Alloys 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 0.09 0.09 0.10 0.07 0.06
SHSE:603978
73GF Score
Shenzhen Sunxing Light Alloys Materials Co Ltd SHSE:603978
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Sunxing Light Alloys Materials Co LT-Debt-to-Total-Asset Calculation

Shenzhen Sunxing Light Alloys 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 )
=317.304/4331.946
=0.07

Shenzhen Sunxing Light Alloys 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 )
=277.098/4608.463
=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?
Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) 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 Shenzhen Sunxing Light Alloys Materials Co and its competitors.
Is Shenzhen Sunxing Light Alloys Materials Co's LT-Debt-to-Total-Asset too high?
Shenzhen Sunxing Light Alloys Materials Co's current LT-Debt-to-Total-Asset is 0.06. Overall, Shenzhen Sunxing Light Alloys Materials Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Sunxing Light Alloys Materials Co's LT-Debt-to-Total-Asset compare to AA?
Shenzhen Sunxing Light Alloys Materials Co's LT-Debt-to-Total-Asset of 0.06 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining 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 Shenzhen Sunxing Light Alloys Materials Co and its competitors. Shenzhen Sunxing Light Alloys Materials 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 Shenzhen Sunxing Light Alloys Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.04, compared to a current price of ¥18.50 — trading 19.7% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.06. Shenzhen Sunxing Light Alloys Materials Co's overall GF Score™ is 73/100 with 7 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 Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978), 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 Shenzhen Sunxing Light Alloys Materials Co (SHSE:603978) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Sunxing Light Alloys Materials Co stock appears to be undervalued. The current stock price of ¥18.50 is trading 19.7% below its estimated GF Value™ of ¥23.04. GuruFocus considers Shenzhen Sunxing Light Alloys Materials Co to be Modestly Undervalued.

Key valuation signals for SHSE:603978:

  • LT-Debt-to-Total-Asset: 0.06
  • GF Value™: ¥23.04 vs. price of ¥18.50 (19.7% below fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenzhen Sunxing Light Alloys Materials Co Business Description

Address 6013 Shennan Road, 1404, Zhongguo Youse Building, Shenzhen, CHN
Shenzhen Sunxing Light Alloys Materials Co Ltd operates in the industrial metals and minerals sector. The company is mainly engaged in research, development, production and sales of aluminium grain refiners. The products are widely used in various fields such as aerospace, rail transportation, military, marine, construction, machinery manufacturing, and chemical industry.
73GF Score

Get the complete analysis for SHSE:603978

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

¥18.50
Price
¥23.04
GF Value