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Xiamen Changelight Co (SZSE:300102) Debt-to-Asset : 0.22 (As of Mar. 2024)


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What is Xiamen Changelight Co Debt-to-Asset?

Xiamen Changelight Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥780 Mil. Xiamen Changelight Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥717 Mil. Xiamen Changelight Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥6,703 Mil. Xiamen Changelight Co's debt to asset for the quarter that ended in Mar. 2024 was 0.22.


Xiamen Changelight Co Debt-to-Asset Historical Data

The historical data trend for Xiamen Changelight Co'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.

Xiamen Changelight Co Debt-to-Asset Chart

Xiamen Changelight Co 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 0.26 0.44 0.42 0.29 0.22

Xiamen Changelight Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.24 0.23 0.21 0.22 0.22

Competitive Comparison of Xiamen Changelight Co's Debt-to-Asset

For the Semiconductors subindustry, Xiamen Changelight Co'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.


Xiamen Changelight Co's Debt-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xiamen Changelight Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Xiamen Changelight Co's Debt-to-Asset falls into.



Xiamen Changelight Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Xiamen Changelight Co'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
=(819.823 + 641.824) / 6607.608
=0.22

Xiamen Changelight Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(780.031 + 716.504) / 6703.386
=0.22

* 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.


Xiamen Changelight Co  (SZSE:300102) 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.


Xiamen Changelight Co Debt-to-Asset Related Terms

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Xiamen Changelight Co (SZSE:300102) Business Description

Traded in Other Exchanges
N/A
Address
19 Xiangyue Road, Xiamen Torch Xiang An, Industry Park, Xiamen, CHN
Xiamen Changelight Co Ltd is engaged in the research, development, production, and sale of semiconductor materials in China. The company mainly produces full-color ultra-bright LED epitaxial wafers and chips, high-performance gallium arsenide solar cells, LED lighting products and provides energy-saving lighting application solutions. The product distribution network covers all parts of the country and Southeast Asia.

Xiamen Changelight Co (SZSE:300102) Headlines

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