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China Ruifeng Renewable Energy Holdings (HKSE:00527) Debt-to-Asset : 0.82 (As of Dec. 2023)


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What is China Ruifeng Renewable Energy Holdings Debt-to-Asset?

China Ruifeng Renewable Energy Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$311.7 Mil. China Ruifeng Renewable Energy Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,355.6 Mil. China Ruifeng Renewable Energy Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$2,040.4 Mil. China Ruifeng Renewable Energy Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.82.


China Ruifeng Renewable Energy Holdings Debt-to-Asset Historical Data

The historical data trend for China Ruifeng Renewable Energy Holdings'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 Ruifeng Renewable Energy Holdings Debt-to-Asset Chart

China Ruifeng Renewable Energy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.72 0.76 0.86 0.82

China Ruifeng Renewable Energy Holdings 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 0.76 0.80 0.86 0.88 0.82

Competitive Comparison of China Ruifeng Renewable Energy Holdings's Debt-to-Asset

For the Utilities - Renewable subindustry, China Ruifeng Renewable Energy Holdings'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 Ruifeng Renewable Energy Holdings's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Ruifeng Renewable Energy Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Ruifeng Renewable Energy Holdings's Debt-to-Asset falls into.



China Ruifeng Renewable Energy Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Ruifeng Renewable Energy Holdings's Debt-to-Asset for the fiscal year 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
=(311.72 + 1355.592) / 2040.411
=0.82

China Ruifeng Renewable Energy Holdings'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
=(311.72 + 1355.592) / 2040.411
=0.82

* 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 Ruifeng Renewable Energy Holdings  (HKSE:00527) 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 Ruifeng Renewable Energy Holdings Debt-to-Asset Related Terms

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China Ruifeng Renewable Energy Holdings (HKSE:00527) Business Description

Traded in Other Exchanges
N/A
Address
6–8 Harbour Road, Room 1002, 10/F, Shui On Centre, Wanchai, Hong Kong, HKG
China Ruifeng Renewable Energy Holdings Ltd is an investment holding company. It focuses on manufacturing and processing wind turbine blades and components. The company operates primarily in one business segment namely wind turbine blades to generate electrical power. The company's major operations and markets are located in the People's Republic of China.
Executives
Yuan Wanyong 2101 Beneficial owner
Filled Converge Limited 2101 Beneficial owner
Diamond Era Holdings Limited 2101 Beneficial owner
Xu Yingjie 2101 Beneficial owner
Zhang Zhixiang 2101 Beneficial owner

China Ruifeng Renewable Energy Holdings (HKSE:00527) Headlines

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