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Chinese People Holdings Co (HKSE:00681) Liabilities-to-Assets : 0.19 (As of Dec. 2023)


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What is Chinese People Holdings Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Chinese People Holdings Co's Total Liabilities for the quarter that ended in Dec. 2023 was HK$694 Mil. Chinese People Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$3,668 Mil. Therefore, Chinese People Holdings Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.19.


Chinese People Holdings Co Liabilities-to-Assets Historical Data

The historical data trend for Chinese People Holdings Co's Liabilities-to-Assets 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.

Chinese People Holdings Co Liabilities-to-Assets Chart

Chinese People Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.18 0.18 0.17 0.19

Chinese People Holdings Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.18 0.18 0.17 0.17 0.19

Competitive Comparison of Chinese People Holdings Co's Liabilities-to-Assets

For the Utilities - Regulated Gas subindustry, Chinese People Holdings Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Chinese People Holdings Co's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chinese People Holdings Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Chinese People Holdings Co's Liabilities-to-Assets falls into.



Chinese People Holdings Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Chinese People Holdings Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=694.062/3667.665
=0.19

Chinese People Holdings Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=694.062/3667.665
=0.19

* 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.


Chinese People Holdings Co  (HKSE:00681) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Chinese People Holdings Co Liabilities-to-Assets Related Terms

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Chinese People Holdings Co (HKSE:00681) Business Description

Traded in Other Exchanges
Address
No. 2 Jingyuan North Street, No. 36 BDA International Business Park, Economic Technological Development Area, Beijing, CHN
Chinese People Holdings Co Ltd is an investment holding company. Its segments are Piped gas transmission & distribution, which is into sales of piped gas and construction of gas pipeline networks under gas connection contracts; Cylinder gas supply segment includes sales and distribution of gas using tank containers to end-user households, industrial and commercial customers; Gas distribution segment is into sales of natural gas to industrial and commercial customers; and FMCG & food ingredients supply which is into wholesales and retail of merchandise through supermarkets and convenience stores. Geographically, it derives revenue from China.
Executives
Renown City Holdings Limited 2201 Interest of corporation controlled by you
Civios Group Limited 2201 Interest of corporation controlled by you
Mo Shikang 2201 Interest of corporation controlled by you
Mo Yunbi 2201 Interest of corporation controlled by you
Lofty Key Limited 2101 Beneficial owner
Ping Da Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you

Chinese People Holdings Co (HKSE:00681) Headlines

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