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Shunfeng International Clean Energy (HKSE:01165) Liabilities-to-Assets : 1.45 (As of Dec. 2023)


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What is Shunfeng International Clean Energy 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. Shunfeng International Clean Energy's Total Liabilities for the quarter that ended in Dec. 2023 was HK$5,158.0 Mil. Shunfeng International Clean Energy's Total Assets for the quarter that ended in Dec. 2023 was HK$3,554.4 Mil. Therefore, Shunfeng International Clean Energy's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.45.


Shunfeng International Clean Energy Liabilities-to-Assets Historical Data

The historical data trend for Shunfeng International Clean Energy'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.

Shunfeng International Clean Energy Liabilities-to-Assets Chart

Shunfeng International Clean Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.99 1.12 1.20 1.45

Shunfeng International Clean Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 1.12 1.21 1.20 1.39 1.45

Competitive Comparison of Shunfeng International Clean Energy's Liabilities-to-Assets

For the Utilities - Renewable subindustry, Shunfeng International Clean Energy'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.


Shunfeng International Clean Energy's Liabilities-to-Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shunfeng International Clean Energy's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Shunfeng International Clean Energy's Liabilities-to-Assets falls into.



Shunfeng International Clean Energy 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.

Shunfeng International Clean Energy'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
=5158/3554.387
=1.45

Shunfeng International Clean Energy'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
=5158/3554.387
=1.45

* 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.


Shunfeng International Clean Energy  (HKSE:01165) 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.


Shunfeng International Clean Energy Liabilities-to-Assets Related Terms

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Shunfeng International Clean Energy (HKSE:01165) Business Description

Traded in Other Exchanges
Address
Number 26 Harbour Road, Rooms 3803-05, 38/F, China Resources Building, Wan Chai, HKG
Shunfeng International Clean Energy Ltd is a diversified integrated provider of clean energies and low-carbon and energy-saving solutions. It operates in a single segment namely solar power generation. Geographically, it generates the majority of revenue from Mainland China.
Executives
Gardner Aaron Luke (in The Capacity As The Receiver) 2201 Interest of corporation controlled by you
Fok Hei Yu (in The Capacity As The Receiver) 2201 Interest of corporation controlled by you
Faithsmart Limited 2201 Interest of corporation controlled by you
Cheng Kin Ming 2201 Interest of corporation controlled by you
Bank Of Communications Co., Ltd. 2106 Person having a security interest in shares
Bocom International Holdings Company Limited 2106 Person having a security interest in shares
Tang Guoqiang 2201 Interest of corporation controlled by you
Asia Pacific Resources Development Investment Limited 2201 Interest of corporation controlled by you
Peace Link Services Limited 2201 Interest of corporation controlled by you

Shunfeng International Clean Energy (HKSE:01165) Headlines

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