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Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Debt-to-Asset : 0.13 (As of Mar. 2024)


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What is Shanghai Taisheng Wind Power Equipment Co Debt-to-Asset?

Shanghai Taisheng Wind Power Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥666 Mil. Shanghai Taisheng Wind Power Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥393 Mil. Shanghai Taisheng Wind Power Equipment Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥8,115 Mil. Shanghai Taisheng Wind Power Equipment Co's debt to asset for the quarter that ended in Mar. 2024 was 0.13.


Shanghai Taisheng Wind Power Equipment Co Debt-to-Asset Historical Data

The historical data trend for Shanghai Taisheng Wind Power Equipment 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.

Shanghai Taisheng Wind Power Equipment Co Debt-to-Asset Chart

Shanghai Taisheng Wind Power Equipment 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 - - 0.03 0.05 0.06

Shanghai Taisheng Wind Power Equipment 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 0.06 0.05 0.06 0.06 0.13

Competitive Comparison of Shanghai Taisheng Wind Power Equipment Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Shanghai Taisheng Wind Power Equipment 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.


Shanghai Taisheng Wind Power Equipment Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Taisheng Wind Power Equipment Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Taisheng Wind Power Equipment Co's Debt-to-Asset falls into.



Shanghai Taisheng Wind Power Equipment Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanghai Taisheng Wind Power Equipment 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
=(115.478 + 346.963) / 7869.116
=0.06

Shanghai Taisheng Wind Power Equipment 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
=(666.424 + 393.272) / 8115.485
=0.13

* 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.


Shanghai Taisheng Wind Power Equipment Co  (SZSE:300129) 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.


Shanghai Taisheng Wind Power Equipment Co Debt-to-Asset Related Terms

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Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Business Description

Traded in Other Exchanges
N/A
Address
1988 East Weiqing Road, Jinshanzui Industrial District, Jinshan District, Shanghai, CHN, 201508
Shanghai Taisheng Wind Power Equipment Co Ltd is a China-based company. It is principally engaged in the research, development, manufacture, and sales of wind power generation equipment. The company's products are mainly used in offshore wind power generation and marine engineering. Shanghai is also involved in the operation and maintenance of wind farms.
Executives
Huang Jing Ming Director
Liu Zhi Cheng Director
Zhang Fu Lin Director
Xia Quan Guang Director
Zhao Jian Min Executives
Dou Jian Rong Director
Zhang Jin Nan Directors, executives
Zou Tao Directors, Directors, and Executives
Huang Wei Guang Supervisors
Zhu Shou Guo Director
Lin Shou Tong Director
Cai Xun Jiang Supervisors
Wu Yun Dong Director

Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Headlines

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