Luster LightTech Co (SHSE:688400) LT-Debt-to-Total-Asset: 0.06 (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:688400 Luster LightTech Co Ltd SHSE:688400
83 GF Score
Price ¥41.91
GF Value ¥36.09
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Luster LightTech Co LT-Debt-to-Total-Asset?

Luster LightTech Co SHSE:688400 -4.16% 83 LT-Debt-to-Total-Asset is 0.06 as of Mar. 2026. GuruFocus rates SHSE:688400 with a GF Score™ of 83/100 and a GF Value™ of ¥36.09 (Modestly Overvalued). The stock has 6 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. Luster LightTech Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.06.

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


Luster LightTech Co  (SHSE:688400) 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.


Luster LightTech Co LT-Debt-to-Total-Asset Related Terms


Luster LightTech Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Luster LightTech 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.

Luster LightTech Co LT-Debt-to-Total-Asset Chart

Luster LightTech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.02 0.01 0.01 0.02 0.08

Luster LightTech 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 0.09 0.08 0.06
SHSE:688400
83GF Score
Luster LightTech Co Ltd SHSE:688400
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luster LightTech Co LT-Debt-to-Total-Asset Calculation

Luster LightTech 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 )
=489.799/6229.462
=0.08

Luster LightTech 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 )
=496.654/7734.191
=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?
Luster LightTech Co (SHSE:688400) 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 Luster LightTech Co and its competitors.
Is Luster LightTech Co's LT-Debt-to-Total-Asset too high?
Luster LightTech Co's current LT-Debt-to-Total-Asset is 0.06. Overall, Luster LightTech Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luster LightTech Co's LT-Debt-to-Total-Asset compare to GEV and ETN?
Luster LightTech Co's LT-Debt-to-Total-Asset of 0.06 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products 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 Luster LightTech Co and its competitors. Luster LightTech 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 Luster LightTech Co stock overvalued right now?
Based on GuruFocus' analysis, Luster LightTech Co (SHSE:688400) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥36.09, compared to a current price of ¥41.91 — trading 16.1% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.06. Luster LightTech Co's overall GF Score™ is 83/100 with 6 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 Luster LightTech Co (SHSE:688400), 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 Luster LightTech Co (SHSE:688400) Overvalued in 2026?

Based on GuruFocus' analysis, Luster LightTech Co stock appears to be overvalued. The current stock price of ¥41.91 is trading 16.1% above its estimated GF Value™ of ¥36.09. GuruFocus considers Luster LightTech Co to be Modestly Overvalued.

Key valuation signals for SHSE:688400:

  • LT-Debt-to-Total-Asset: 0.06
  • GF Value™: ¥36.09 vs. price of ¥41.91 (16.1% above fair value)
  • GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luster LightTech Co Business Description

Address Cuihu South Ring Road, Room 701, 7th Floor, Building 7, Yard 13, Haidian District, Beijing, CHN, 100094
Luster LightTech Co Ltd is based on optical technology innovation, and develops business around machine vision and fiber optics. The company has four product lines: intelligent equipment and smart factories, serving multiple fields such as consumer electronics, new energy, printing and packaging, and new display.
83GF Score

Get the complete analysis for SHSE:688400

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

¥41.91
Price
¥36.09
GF Value