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Orinko Advanced Plastics Co (SHSE:688219) Debt-to-Asset : 0.37 (As of Jun. 2024)


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What is Orinko Advanced Plastics Co Debt-to-Asset?

Orinko Advanced Plastics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥1,280 Mil. Orinko Advanced Plastics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥1,151 Mil. Orinko Advanced Plastics Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was ¥6,500 Mil. Orinko Advanced Plastics Co's debt to asset for the quarter that ended in Jun. 2024 was 0.37.

Orinko Advanced Plastics Co Debt-to-Asset Historical Data

The historical data trend for Orinko Advanced Plastics 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.

Orinko Advanced Plastics Co Debt-to-Asset Chart

Orinko Advanced Plastics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.29 0.31 0.33 0.42 0.37

Orinko Advanced Plastics Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.41 0.37 0.37 0.38 0.37

Competitive Comparison of Orinko Advanced Plastics Co's Debt-to-Asset

For the Specialty Chemicals subindustry, Orinko Advanced Plastics 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.

Orinko Advanced Plastics Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orinko Advanced Plastics Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Orinko Advanced Plastics Co's Debt-to-Asset falls into.


Orinko Advanced Plastics Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Orinko Advanced Plastics 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
=(1462.715 + 958.973) / 6547.935
=0.37

Orinko Advanced Plastics Co's Debt-to-Asset for the quarter that ended in Jun. 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
=(1279.865 + 1150.903) / 6500.412
=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.

Orinko Advanced Plastics Co  (SHSE:688219) 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.

Orinko Advanced Plastics Co Debt-to-Asset Related Terms

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Orinko Advanced Plastics Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Orinko Advanced Plastics Co Ltd (SHSE:688219) » Definitions » Debt-to-Asset
Comparable Companies
SZSE:300082 SHSE:688196 SZSE:002827 SHSE:603255 SHSE:688093 SZSE:300847 SZSE:300225 SHSE:603977 SZSE:301149 SHSE:688357 LIN XPAR:AI APD SHW ECL XSWX:SIKA SHSE:600309 BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
No. 2, Luhua Road, Baiyan Science and Technology Park, High-tech Zone, Hefei, CHN, 231202
Website
http://www.orinko.com.cn
Orinko Advanced Plastics Co Ltd is engaged in the research and development, production and sales of polymer modified materials, and providing customers with high-performance and functional material solutions. The company has a variety of product platforms for polyolefins, polystyrenes, engineering plastics and other categories, with a rich product range, and more than 300 varieties of polymer high-performance and functional products. Its products are widely used in many national pillar industries and emerging industries such as home appliances, automobiles, 5G communications, electronic and electrical, medical, rail transit, home building materials, security and so on.
Executives
Li Rong Qun Director
Wang Can Yao Directors, senior managers

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