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Ningxia Baofeng Energy Group Co (SHSE:600989) Debt-to-Revenue : 0.64 (As of Mar. 2024)


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What is Ningxia Baofeng Energy Group Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Ningxia Baofeng Energy Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,210 Mil. Ningxia Baofeng Energy Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥15,979 Mil. Ningxia Baofeng Energy Group Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥32,907 Mil. Ningxia Baofeng Energy Group Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.


Ningxia Baofeng Energy Group Co Debt-to-Revenue Historical Data

The historical data trend for Ningxia Baofeng Energy Group Co's Debt-to-Revenue 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.

Ningxia Baofeng Energy Group Co Debt-to-Revenue Chart

Ningxia Baofeng Energy Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.44 0.32 0.52 0.72

Ningxia Baofeng Energy Group 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-Revenue 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 0.68 0.78 0.72 0.60 0.64

Competitive Comparison of Ningxia Baofeng Energy Group Co's Debt-to-Revenue

For the Chemicals subindustry, Ningxia Baofeng Energy Group Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Ningxia Baofeng Energy Group Co's Debt-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningxia Baofeng Energy Group Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ningxia Baofeng Energy Group Co's Debt-to-Revenue falls into.



Ningxia Baofeng Energy Group Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Ningxia Baofeng Energy Group Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3470.579 + 17524.479) / 29135.511
=0.72

Ningxia Baofeng Energy Group Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(5210.323 + 15979.025) / 32907.448
=0.64

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Ningxia Baofeng Energy Group Co Debt-to-Revenue Related Terms

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Ningxia Baofeng Energy Group Co (SHSE:600989) Business Description

Traded in Other Exchanges
N/A
Address
Baofeng Circular Economy Industrial Park, Ningdong Energy and Chemical Industry Base, Ningxia Hui Autonomous Region, Yinchuan, CHN, 750411
Ningxia Baofeng Energy Group Co Ltd is engaged in the manufacturing of chemicals and raw chemical materials. Its product includes Polythylene, Coke, MTBE, Pure Benzene, and Modified Asphalt.
Executives
Li Zhi Bin senior management
Liu Shi Cheng senior management
Yong Wu Director
Wang Min senior management
Liu Huai Bao Supervisors
Lu Jun Director
Liu Yuan Guan Director
Xia Yun Supervisors
He Xu Supervisors
Gao Jian Jun Director
Ji Yong Feng senior management
Zheng Cun Xiao senior management
Lin Wei Guo Director
Chen Zhao Yuan senior management

Ningxia Baofeng Energy Group Co (SHSE:600989) Headlines

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