Hangzhou Pinming Software Co (SHSE:688109) LT-Debt-to-Total-Asset: 0.01 (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:688109 Hangzhou Pinming Software Co Ltd SHSE:688109
63 GF Score
Price ¥68.00
GF Value ¥29.56
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hangzhou Pinming Software Co LT-Debt-to-Total-Asset?

Hangzhou Pinming Software Co SHSE:688109 +3.09% 63 LT-Debt-to-Total-Asset is 0.01 as of Mar. 2026. GuruFocus rates SHSE:688109 with a GF Score™ of 63/100 and a GF Value™ of ¥29.56 (Significantly 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. Hangzhou Pinming Software Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.01.

Hangzhou Pinming Software Co's long-term debt to total assets ratio increased from Mar. 2025 (0.00) to Mar. 2026 (0.01). It may suggest that Hangzhou Pinming Software Co is progressively becoming more dependent on debt to grow their business.


Hangzhou Pinming Software Co  (SHSE:688109) 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.


Hangzhou Pinming Software Co LT-Debt-to-Total-Asset Related Terms


Hangzhou Pinming Software Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Hangzhou Pinming Software 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.

Hangzhou Pinming Software Co LT-Debt-to-Total-Asset Chart

Hangzhou Pinming Software 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 0.01 0.01 0.00 0.00 0.01

Hangzhou Pinming Software 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 0.01 0.01 0.01
SHSE:688109
63GF Score
Hangzhou Pinming Software Co Ltd SHSE:688109
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangzhou Pinming Software Co LT-Debt-to-Total-Asset Calculation

Hangzhou Pinming Software 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 )
=5.459/970.14
=0.01

Hangzhou Pinming Software 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 )
=4.204/905.639
=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 0.01 mean?
Hangzhou Pinming Software Co (SHSE:688109) has a LT-Debt-to-Total-Asset of 0.01 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 Hangzhou Pinming Software Co and its competitors.
Is Hangzhou Pinming Software Co's LT-Debt-to-Total-Asset too high?
Hangzhou Pinming Software Co's current LT-Debt-to-Total-Asset is 0.01. Overall, Hangzhou Pinming Software Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Pinming Software Co's LT-Debt-to-Total-Asset compare to QH and SHOP?
Hangzhou Pinming Software Co's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Software 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 Software company?
A good LT-Debt-to-Total-Asset depends on the Software 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 Hangzhou Pinming Software Co and its competitors. Hangzhou Pinming Software Co's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Pinming Software Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Pinming Software Co (SHSE:688109) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥29.56, compared to a current price of ¥68.00 — trading 130% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.01. Hangzhou Pinming Software Co's overall GF Score™ is 63/100 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 Hangzhou Pinming Software Co (SHSE:688109), the current LT-Debt-to-Total-Asset is 0.01 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 Hangzhou Pinming Software Co (SHSE:688109) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Pinming Software Co stock appears to be overvalued. The current stock price of ¥68.00 is trading 130% above its estimated GF Value™ of ¥29.56. GuruFocus considers Hangzhou Pinming Software Co to be Significantly Overvalued.

Key valuation signals for SHSE:688109:

  • LT-Debt-to-Total-Asset: 0.01
  • GF Value™: ¥29.56 vs. price of ¥68.00 (130% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Pinming Software Co Business Description

Address No. 3, Xidoumen Road, Block C, 5th Floor, Building B, Paradise Software Park, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Hangzhou Pinming Software Co Ltd is a provider of applied technology and products of digital construction in the construction phase. It focuses on the field of engineering construction information technology. Its business covers engineering cost, construction software, BIM software, smart construction sites, and universities. , Industry supervision, infrastructure and others.
63GF Score

Get the complete analysis for SHSE:688109

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

¥68.00
Price
¥29.56
GF Value