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Huili Resources (Group) (HKSE:01303) Liabilities-to-Assets : 0.50 (As of Dec. 2023)


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What is Huili Resources (Group) 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. Huili Resources (Group)'s Total Liabilities for the quarter that ended in Dec. 2023 was HK$859 Mil. Huili Resources (Group)'s Total Assets for the quarter that ended in Dec. 2023 was HK$1,726 Mil. Therefore, Huili Resources (Group)'s Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.50.


Huili Resources (Group) Liabilities-to-Assets Historical Data

The historical data trend for Huili Resources (Group)'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.

Huili Resources (Group) Liabilities-to-Assets Chart

Huili Resources (Group) 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 0.14 0.13 0.30 0.34 0.50

Huili Resources (Group) 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 0.30 0.35 0.34 0.55 0.50

Competitive Comparison of Huili Resources (Group)'s Liabilities-to-Assets

For the Thermal Coal subindustry, Huili Resources (Group)'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.


Huili Resources (Group)'s Liabilities-to-Assets Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huili Resources (Group)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Huili Resources (Group)'s Liabilities-to-Assets falls into.



Huili Resources (Group) 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.

Huili Resources (Group)'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
=859.397/1725.753
=0.50

Huili Resources (Group)'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
=859.397/1725.753
=0.50

* 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.


Huili Resources (Group)  (HKSE:01303) 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.


Huili Resources (Group) Liabilities-to-Assets Related Terms

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Huili Resources (Group) (HKSE:01303) Business Description

Traded in Other Exchanges
N/A
Address
Unit no.4, 23rd Floor, Overseas Trust Bank Building, No. 160 Gloucester Road, Hong Kong, HKG
Huili Resources (Group) Ltd is an investment holding company, engaged in the mining, ore processing and sales of gold, nickel, copper, lead and zinc products, trading of materials for oil and gas exploration and coals, and financial services in the People's Republic of China. It operates through three business segments namely Mining, Financial service, and Coal business. The company derives the majority of its revenue from the Coal business segment which involve trading in coal.
Executives
Sky Circle International Limited 2101 Beneficial owner
Prosper Union Holdings Limited 2101 Beneficial owner
Bong Chin Chung 2101 Beneficial owner
Feng Yuantao 2101 Beneficial owner
Lai Long Wai 2201 Interest of corporation controlled by you
China Clean Energy Technology Limited 2101 Beneficial owner
Ye Xin 2201 Interest of corporation controlled by you
Cui Yazhou 2201 Interest of corporation controlled by you
China Asset Management (hong Kong) Limited 2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si
Pine Success International Holdings Limited 2101 Beneficial owner
Cao Jianwei 2201 Interest of corporation controlled by you
Gao Miao Miao 2201 Interest of corporation controlled by you
Legend Vantage Limited 2101 Beneficial owner

Huili Resources (Group) (HKSE:01303) Headlines

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