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China Tangshang Holdings (HKSE:00674) Debt-to-Asset : 0.18 (As of Sep. 2023)


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What is China Tangshang Holdings Debt-to-Asset?

China Tangshang Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$61.1 Mil. China Tangshang Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$564.5 Mil. China Tangshang Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was HK$3,492.5 Mil. China Tangshang Holdings's debt to asset for the quarter that ended in Sep. 2023 was 0.18.


China Tangshang Holdings Debt-to-Asset Historical Data

The historical data trend for China Tangshang 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 Tangshang Holdings Debt-to-Asset Chart

China Tangshang Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.53 0.44 0.33 0.15

China Tangshang Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.39 0.33 0.34 0.15 0.18

Competitive Comparison of China Tangshang Holdings's Debt-to-Asset

For the Real Estate Services subindustry, China Tangshang 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 Tangshang Holdings's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Tangshang Holdings's Debt-to-Asset distribution charts can be found below:

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



China Tangshang Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Tangshang Holdings's Debt-to-Asset for the fiscal year that ended in Mar. 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
=(62.215 + 590.141) / 4289.096
=0.15

China Tangshang Holdings's Debt-to-Asset for the quarter that ended in Sep. 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
=(61.061 + 564.466) / 3492.543
=0.18

* 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 Tangshang Holdings  (HKSE:00674) 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 Tangshang Holdings Debt-to-Asset Related Terms

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China Tangshang Holdings (HKSE:00674) Business Description

Traded in Other Exchanges
N/A
Address
29 Austin Road, Unit 1201, 12th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
China Tangshang Holdings Ltd is a Hong Kong-based investment holding company. It operates in the segments of Property sub-leasing and investment business; Property development business and Money lending business. A majority of revenue is derived from the Property development business which involves the development of real estate. The group's operations are mainly located in Hong Kong and the PRC.
Executives
Chen Weiwu 2101 Beneficial owner
Shenzhen Tangshang Industrial Group Co., Ltd 2201 Interest of corporation controlled by you
Jiang Dingwei 2201 Interest of corporation controlled by you
Shenzhen Yaoling Investment Company Limited 2101 Beneficial owner

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