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China Merchants Expressway Network & Technology Holdings Co (SZSE:001965) Debt-to-Asset : 0.36 (As of Mar. 2024)


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What is China Merchants Expressway Network & Technology Holdings Co Debt-to-Asset?

China Merchants Expressway Network & Technology Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10,220 Mil. China Merchants Expressway Network & Technology Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥46,991 Mil. China Merchants Expressway Network & Technology Holdings Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥157,903 Mil. China Merchants Expressway Network & Technology Holdings Co's debt to asset for the quarter that ended in Mar. 2024 was 0.36.


China Merchants Expressway Network & Technology Holdings Co Debt-to-Asset Historical Data

The historical data trend for China Merchants Expressway Network & Technology Holdings 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 Merchants Expressway Network & Technology Holdings Co Debt-to-Asset Chart

China Merchants Expressway Network & Technology Holdings 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 0.28 0.28 0.25 0.31 0.39

China Merchants Expressway Network & Technology Holdings 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 0.33 0.33 0.34 0.39 0.36

Competitive Comparison of China Merchants Expressway Network & Technology Holdings Co's Debt-to-Asset

For the Infrastructure Operations subindustry, China Merchants Expressway Network & Technology Holdings 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 Merchants Expressway Network & Technology Holdings Co's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Merchants Expressway Network & Technology Holdings Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Merchants Expressway Network & Technology Holdings Co's Debt-to-Asset falls into.



China Merchants Expressway Network & Technology Holdings Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Merchants Expressway Network & Technology Holdings 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
=(10932.974 + 50628.864) / 157482.241
=0.39

China Merchants Expressway Network & Technology Holdings 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
=(10219.587 + 46990.726) / 157902.765
=0.36

* 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 Merchants Expressway Network & Technology Holdings Co  (SZSE:001965) 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 Merchants Expressway Network & Technology Holdings Co Debt-to-Asset Related Terms

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China Merchants Expressway Network & Technology Holdings Co (SZSE:001965) Business Description

Traded in Other Exchanges
N/A
Address
No.118 Jian Guo Road, 31F China Merchants Tower, Chaoyang District, Beijing, CHN, 100022
China Merchants Expressway Network & Technology Holdings Co Ltd is a China-based service provider for expressway investment and operation. Its business activities include investment and operation of expressway transportation infrastructure, transportation science and technology, intelligent transportation and other industries related to the expressway. Its investment projects include Yongtaiwen Expressway, Beilun Port Expressway, Jiurui Expressway, Huaizhi Expressway, Gaojie Expressway, Zhengxin Huanghe Bridge, among others.
Executives
Zhou Zu Liang Supervisors

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