Luyuan Group Holding (Cayman) (HKSE:02451) Liabilities-to-Assets : 0.61 (As of Dec. 2023)

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What is Luyuan Group Holding (Cayman) 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. Luyuan Group Holding (Cayman)'s Total Liabilities for the quarter that ended in Dec. 2023 was HK$2,554 Mil. Luyuan Group Holding (Cayman)'s Total Assets for the quarter that ended in Dec. 2023 was HK$4,225 Mil. Therefore, Luyuan Group Holding (Cayman)'s Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.61.

Luyuan Group Holding (Cayman) Liabilities-to-Assets Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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.

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Luyuan Group Holding (Cayman) Liabilities-to-Assets Chart

Luyuan Group Holding (Cayman) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

0.68

0.79

0.61

Luyuan Group Holding (Cayman) Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Liabilities-to-Assets	0.68	0.79	0.79	0.61

Competitive Comparison of Luyuan Group Holding (Cayman)'s Liabilities-to-Assets

For the Auto Manufacturers subindustry, Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman)'s Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luyuan Group Holding (Cayman)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Luyuan Group Holding (Cayman)'s Liabilities-to-Assets falls into.

Luyuan Group Holding (Cayman) 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.

Luyuan Group Holding (Cayman)'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
	=	2553.882	/	4224.7
	=	0.60

Luyuan Group Holding (Cayman)'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
	=	2553.882	/	4224.7
	=	0.60

Luyuan Group Holding (Cayman) (HKSE:02451) 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.

Luyuan Group Holding (Cayman) Liabilities-to-Assets Related Terms

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Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN

Website

https://www.luyuan.cn

Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.

Executives

Dingman David Ross	2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited	2101 Beneficial owner
Shipston Evl Holdings Limited	2201 Interest of corporation controlled by you
Shipston Group Limited	2201 Interest of corporation controlled by you
Stonor Group Limited	2201 Interest of corporation controlled by you
Dingman David Ross	2201 Interest of corporation controlled by you
Hu Jihong	2201 Interest of corporation controlled by you
Ni Jie	2201 Interest of corporation controlled by you
Apex Marine Investments Limited	2101 Beneficial owner
Drago Investments Limited	2101 Beneficial owner

Luyuan Group Holding (Cayman) (HKSE:02451) Headlines

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