Abstract
In 2017, the total assets of ZLCs reached 6379 billion yuan, representing a y-o-y increase of 12%. Compared with the previous four years, the growth rate of total assets has slowed down. The main reason was that the growth rate of newly listed companies in Zhongguancun has slowed down. In 2017, the number of newly listed companies increased by 9% y-o-y, while in 2016 this figure was 21%.
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Notes
- 1.
With data from Wind, the ratio was calculated by the editor. In order to ensure the objectivity of the results, companies in Financials and Real Estate in each capital market were excluded in the calculation.
- 2.
Current Ratio = Current Assets/Current Liabilities.
- 3.
Quick Ratio = (Current Assets − Inventories)/Current Liabilities.
- 4.
Debt-to-Asset Ratio = Total Liabilities/Total Assets.
- 5.
Equity Multiplier = Total Assets/Total Equity.
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Zhongguancun Listed Companies Association. (2019). Debt Paying Abilities of ZLCs in 2017. In: The Competitiveness Report of Zhongguancun Listed Companies (2018). Springer, Singapore. https://doi.org/10.1007/978-981-13-7697-9_4
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DOI: https://doi.org/10.1007/978-981-13-7697-9_4
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Publisher Name: Springer, Singapore
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Online ISBN: 978-981-13-7697-9
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