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China Zenith Chemical Group (HKSE:00362) Debt-to-Asset : 1.80 (As of Dec. 2023)


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What is China Zenith Chemical Group Debt-to-Asset?

China Zenith Chemical Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$593.56 Mil. China Zenith Chemical Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$625.57 Mil. China Zenith Chemical Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$677.12 Mil. China Zenith Chemical Group's debt to asset for the quarter that ended in Dec. 2023 was 1.80.

China Zenith Chemical Group Debt-to-Asset Historical Data

The historical data trend for China Zenith Chemical Group's Debt-to-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.

* Premium members only.

China Zenith Chemical Group Debt-to-Asset Chart

China Zenith Chemical Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.58 0.61 1.02 1.76

China Zenith Chemical Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-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 0.60 1.02 1.11 1.76 1.80

Competitive Comparison of China Zenith Chemical Group's Debt-to-Asset

For the Utilities - Regulated Electric subindustry, China Zenith Chemical Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

China Zenith Chemical Group's Debt-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Zenith Chemical Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Zenith Chemical Group's Debt-to-Asset falls into.


China Zenith Chemical Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Zenith Chemical Group's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(400.516 + 773.866) / 666.629
=1.76

China Zenith Chemical Group's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(593.555 + 625.569) / 677.116
=1.80

* 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.

China Zenith Chemical Group  (HKSE:00362) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

China Zenith Chemical Group Debt-to-Asset Related Terms

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China Zenith Chemical Group (HKSE:00362) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Zenith Chemical Group Ltd (HKSE:00362) » Definitions » Debt-to-Asset
Comparable Companies
HKSE:01222 HKSE:00882 HKSE:01063 HKSE:01094 HKSE:00392 HKSE:00663 HKSE:00053 HKSE:08149 HKSE:00689 HKSE:00025 NEE SO DUK LSE:NG. PCG AEP D BOM:532555 PEG EXC
Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 4007, 40th Floor, China Resources Building, Wanchai, Hong Kong, HKG
Website
http://www.chinazenith.com.hk
China Zenith Chemical Group Ltd is an investment holding company which is engaged in the generation and supply of heat and power. The company's operating segments are Heat and power, Chemical products for agriculture, Calcium carbide, and Construction services. It generates maximum revenue from the Calcium carbide segment. The Calcium carbide segment is engaged in manufacture and sale of calcium carbide and lime powder. Geographically, it derives revenue from the People's Republic of China.
Executives
Cheung Hung 2101 Beneficial owner
Zhong Kuang Lian He Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Chiau Che Kong 2101 Beneficial owner
Tang Yiduan 2101 Beneficial owner
Chin Chun Hin 2101 Beneficial owner
Chan Yuen Tung 2101 Beneficial owner
Cheng Ka Kui Arnold 2101 Beneficial owner
Cha Jung Hoon 2101 Beneficial owner
Sze Ching Lau

China Zenith Chemical Group (HKSE:00362) Headlines

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