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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Debt-to-Asset : 0.01 (As of Mar. 2024)


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What is Shanxi Xinghuacun Fen Wine Factory Co Debt-to-Asset?

Shanxi Xinghuacun Fen Wine Factory Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥158 Mil. Shanxi Xinghuacun Fen Wine Factory Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥547 Mil. Shanxi Xinghuacun Fen Wine Factory Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥50,431 Mil. Shanxi Xinghuacun Fen Wine Factory Co's debt to asset for the quarter that ended in Mar. 2024 was 0.01.


Shanxi Xinghuacun Fen Wine Factory Co Debt-to-Asset Historical Data

The historical data trend for Shanxi Xinghuacun Fen Wine Factory Co's Debt-to-Asset 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.

Shanxi Xinghuacun Fen Wine Factory Co Debt-to-Asset Chart

Shanxi Xinghuacun Fen Wine Factory Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.02

Shanxi Xinghuacun Fen Wine Factory Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset 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 0.03 0.03 0.03 0.02 0.01

Competitive Comparison of Shanxi Xinghuacun Fen Wine Factory Co's Debt-to-Asset

For the Beverages - Wineries & Distilleries subindustry, Shanxi Xinghuacun Fen Wine Factory Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Shanxi Xinghuacun Fen Wine Factory Co's Debt-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanxi Xinghuacun Fen Wine Factory Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanxi Xinghuacun Fen Wine Factory Co's Debt-to-Asset falls into.



Shanxi Xinghuacun Fen Wine Factory Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanxi Xinghuacun Fen Wine Factory Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(345.037 + 533.659) / 44095.838
=0.02

Shanxi Xinghuacun Fen Wine Factory Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(158.005 + 547.417) / 50430.504
=0.01

* 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.


Shanxi Xinghuacun Fen Wine Factory Co  (SHSE:600809) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Shanxi Xinghuacun Fen Wine Factory Co Debt-to-Asset Related Terms

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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Business Description

Traded in Other Exchanges
N/A
Address
Xinghua Village, Fenyang County, Shanxi, Lvliang, CHN, 032205
Shanxi Fen Wine, or Fen Wine, is a typical light-flavored baijiu, featuring a fresher, lighter, and purer-taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering sub-premium, mid- to high range, and low-end products. The Fen series contributed about 90% of the company's sales revenue in 2022, including sub-premium brand Qinghua, midrange products Panama and Laobaifen, and low-end Bofen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Fen Wine.

Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Headlines

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