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Huashi Group Holdings (HKSE:01111) Liabilities-to-Assets : 0.42 (As of Dec. 2022)


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What is Huashi Group Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Huashi Group Holdings's Total Liabilities for the quarter that ended in Dec. 2022 was HK$76.5 Mil. Huashi Group Holdings's Total Assets for the quarter that ended in Dec. 2022 was HK$181.7 Mil. Therefore, Huashi Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.42.


Huashi Group Holdings Liabilities-to-Assets Historical Data

The historical data trend for Huashi Group Holdings's Liabilities-to-Assets 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.

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Huashi Group Holdings Liabilities-to-Assets Chart

Huashi Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.33 0.46 0.42 0.47

Huashi Group Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets 0.33 0.46 0.42 0.47

Competitive Comparison of Huashi Group Holdings's Liabilities-to-Assets

For the Advertising Agencies subindustry, Huashi Group Holdings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Huashi Group Holdings's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huashi Group Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Huashi Group Holdings's Liabilities-to-Assets falls into.



Huashi Group Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Huashi Group Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=76.54/181.654
=0.42

Huashi Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 is calculated as

Liabilities-to-Assets (Q: Dec. 2022 )=Total Liabilities/Total Assets
=76.54/181.654
=0.42

* 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.


Huashi Group Holdings  (HKSE:01111) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Huashi Group Holdings Liabilities-to-Assets Related Terms

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Huashi Group Holdings (HKSE:01111) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN
Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.
Executives
Chen Jicheng 2201 Interest of corporation controlled by you
Wang Shujin 2201 Interest of corporation controlled by you
Nie Xing 2201 Interest of corporation controlled by you
Jia Yi Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
Yuan Jin Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
You Xin Zi Ben You Xian Gong Si 2101 Beneficial owner

Huashi Group Holdings (HKSE:01111) Headlines

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