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China High-Speed Railway Technology Co (SZSE:000008) Debt-to-Asset : 0.37 (As of Mar. 2024)


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What is China High-Speed Railway Technology Co Debt-to-Asset?

China High-Speed Railway Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,608 Mil. China High-Speed Railway Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥314 Mil. China High-Speed Railway Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥10,663 Mil. China High-Speed Railway Technology Co's debt to asset for the quarter that ended in Mar. 2024 was 0.37.


China High-Speed Railway Technology Co Debt-to-Asset Historical Data

The historical data trend for China High-Speed Railway Technology 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.

China High-Speed Railway Technology Co Debt-to-Asset Chart

China High-Speed Railway Technology 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 0.19 0.32 0.36 0.33 0.35

China High-Speed Railway Technology 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 0.36 0.38 0.35 0.35 0.37

Competitive Comparison of China High-Speed Railway Technology Co's Debt-to-Asset

For the Infrastructure Operations subindustry, China High-Speed Railway Technology 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.


China High-Speed Railway Technology Co's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, China High-Speed Railway Technology Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China High-Speed Railway Technology Co's Debt-to-Asset falls into.



China High-Speed Railway Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China High-Speed Railway Technology 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
=(3452.174 + 315.853) / 10655.456
=0.35

China High-Speed Railway Technology 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
=(3608.302 + 314.273) / 10663.44
=0.37

* 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.


China High-Speed Railway Technology Co  (SZSE:000008) 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.


China High-Speed Railway Technology Co Debt-to-Asset Related Terms

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China High-Speed Railway Technology Co (SZSE:000008) Business Description

Traded in Other Exchanges
N/A
Address
Gaoliangqiao Street, 16 / F, Building 1, No. 59, Haidian District, Beijing, CHN, 100044
China High-Speed Railway Technology Co Ltd is a China-based company engages in the operation and maintenance of rail transit. Its products include high power locomotive, long rail welding, and maintenance series, power supply system operation, railway intelligent equipment and station scheduling series. It provides overall solutions, core equipment, and integrated services for rail transit operations and maintenance.
Executives
Wang Zhi Quan Directors, executives
Gao Hui Supervisors
Wang Li Qun Executives
Chen Wen He Securities Affairs Representative
Lai Wei Qiang Director
Xu Jin Independent director
Chen Han Lun Supervisors
Yang Jian Supervisors

China High-Speed Railway Technology Co (SZSE:000008) Headlines

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