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ADD Industry (Zhejiang) (SHSE:603089) Debt-to-Revenue : 0.49 (As of Mar. 2024)


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What is ADD Industry (Zhejiang) Debt-to-Revenue?

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

ADD Industry (Zhejiang)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥374 Mil. ADD Industry (Zhejiang)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥454 Mil. ADD Industry (Zhejiang)'s annualized Revenue for the quarter that ended in Mar. 2024 was ¥1,686 Mil. ADD Industry (Zhejiang)'s annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.49.


ADD Industry (Zhejiang) Debt-to-Revenue Historical Data

The historical data trend for ADD Industry (Zhejiang)'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.

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ADD Industry (Zhejiang) Debt-to-Revenue Chart

ADD Industry (Zhejiang) 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 0.14 0.16 0.22 0.35 0.42

ADD Industry (Zhejiang) 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 0.54 0.39 0.37 0.38 0.49

Competitive Comparison of ADD Industry (Zhejiang)'s Debt-to-Revenue

For the Auto Parts subindustry, ADD Industry (Zhejiang)'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.


ADD Industry (Zhejiang)'s Debt-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ADD Industry (Zhejiang)'s Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where ADD Industry (Zhejiang)'s Debt-to-Revenue falls into.



ADD Industry (Zhejiang) Debt-to-Revenue Calculation

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

ADD Industry (Zhejiang)'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
=(362.817 + 374.257) / 1758.215
=0.42

ADD Industry (Zhejiang)'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
=(373.906 + 454.218) / 1685.844
=0.49

* 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.


ADD Industry (Zhejiang) Debt-to-Revenue Related Terms

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ADD Industry (Zhejiang) (SHSE:603089) Business Description

Traded in Other Exchanges
N/A
Address
38-88 shuanggang road, Zhejiang Province, Yuhuan County, CHN, 317600
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
Executives
Zheng Lian Ping Director
Liu Yong Director
Ye Wei Ming Supervisors
Chen Ling Hui Directors, senior managers
Zheng Nian Hui Director

ADD Industry (Zhejiang) (SHSE:603089) Headlines

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