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Guangdong Hallsmart Intelligence Technology (BJSE:870726) Equity-to-Asset : 0.74 (As of Mar. 2024)


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What is Guangdong Hallsmart Intelligence Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Guangdong Hallsmart Intelligence Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥252.6 Mil. Guangdong Hallsmart Intelligence Technology's Total Assets for the quarter that ended in Mar. 2024 was ¥343.0 Mil. Therefore, Guangdong Hallsmart Intelligence Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.74.

The historical rank and industry rank for Guangdong Hallsmart Intelligence Technology's Equity-to-Asset or its related term are showing as below:

BJSE:870726' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.5   Max: 0.75
Current: 0.74

During the past 9 years, the highest Equity to Asset Ratio of Guangdong Hallsmart Intelligence Technology was 0.75. The lowest was 0.27. And the median was 0.50.

BJSE:870726's Equity-to-Asset is ranked better than
80.61% of 428 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.565 vs BJSE:870726: 0.74

Guangdong Hallsmart Intelligence Technology Equity-to-Asset Historical Data

The historical data trend for Guangdong Hallsmart Intelligence Technology's Equity-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.

Guangdong Hallsmart Intelligence Technology Equity-to-Asset Chart

Guangdong Hallsmart Intelligence Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.49 0.50 0.46 0.44 0.56

Guangdong Hallsmart Intelligence Technology Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-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 0.58 0.62 0.75 0.71 0.74

Competitive Comparison of Guangdong Hallsmart Intelligence Technology's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Hallsmart Intelligence Technology's Equity-to-Asset, along with its competitors' market caps and Equity-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.


Guangdong Hallsmart Intelligence Technology's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Hallsmart Intelligence Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Guangdong Hallsmart Intelligence Technology's Equity-to-Asset falls into.



Guangdong Hallsmart Intelligence Technology Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Guangdong Hallsmart Intelligence Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=119.866/213.989
=0.56

Guangdong Hallsmart Intelligence Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=252.578/343.003
=0.74

* 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.


Guangdong Hallsmart Intelligence Technology  (BJSE:870726) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Guangdong Hallsmart Intelligence Technology Equity-to-Asset Related Terms

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Guangdong Hallsmart Intelligence Technology (BJSE:870726) Business Description

Traded in Other Exchanges
N/A
Address
West of the intersection of Guangzhan Road, Guandu Town, Potou District, Guangdong Province, Zhanjiang City, CHN, 524051
Guangdong Hallsmart Intelligence Technology Corp Ltd engages in research and development, production, and sales of small household appliances such as rice cookers, slow cookers, pressure cookers, and baking products.

Guangdong Hallsmart Intelligence Technology (BJSE:870726) Headlines

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