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Huizhou China Eagle Electronic Technology (SZSE:002579) Equity-to-Asset : 0.38 (As of Mar. 2024)


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What is Huizhou China Eagle Electronic Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huizhou China Eagle Electronic Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,446 Mil. Huizhou China Eagle Electronic Technology's Total Assets for the quarter that ended in Mar. 2024 was ¥6,381 Mil. Therefore, Huizhou China Eagle Electronic Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.38.

The historical rank and industry rank for Huizhou China Eagle Electronic Technology's Equity-to-Asset or its related term are showing as below:

SZSE:002579' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.49   Max: 0.68
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Huizhou China Eagle Electronic Technology was 0.68. The lowest was 0.35. And the median was 0.49.

SZSE:002579's Equity-to-Asset is ranked worse than
77.48% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs SZSE:002579: 0.38

Huizhou China Eagle Electronic Technology Equity-to-Asset Historical Data

The historical data trend for Huizhou China Eagle Electronic 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.

Huizhou China Eagle Electronic Technology Equity-to-Asset Chart

Huizhou China Eagle Electronic Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.52 0.44 0.40 0.38

Huizhou China Eagle Electronic Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 0.40 0.39 0.38 0.38 0.38

Competitive Comparison of Huizhou China Eagle Electronic Technology's Equity-to-Asset

For the Electronic Components subindustry, Huizhou China Eagle Electronic 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.


Huizhou China Eagle Electronic Technology's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huizhou China Eagle Electronic Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Huizhou China Eagle Electronic Technology's Equity-to-Asset falls into.



Huizhou China Eagle Electronic 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.

Huizhou China Eagle Electronic Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2491.287/6516.71
=0.38

Huizhou China Eagle Electronic 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
=2446.021/6381.121
=0.38

* 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.


Huizhou China Eagle Electronic Technology  (SZSE:002579) 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%.


Huizhou China Eagle Electronic Technology Equity-to-Asset Related Terms

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Huizhou China Eagle Electronic Technology (SZSE:002579) Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Zhongjing Road, Chenjiang Street, Zhongkai High-tech Zone, Guangdong Province, Huizhou, CHN
Huizhou China Eagle Electronic Technology Co Ltd researches and develops, produces, and sells printed circuit boards (PCBs) in China and internationally. Its products include offers high-end multilayer, high-density interconnect, and flexible PCBs. The company's products are used in consumer electronics, network communications, computers, automotive electronics, security industrial controls, medical equipment and artificial intelligence systems, Internet of things, smart wears and AR / VR, drones.
Executives
Wang Qin Sheng Executives
Yang Peng Fei Directors, executives
Duan Lun Yong Executives
Chen Ru Ping Secretary Dong
Huang Ruo Lei Securities Affairs Representative
Liu De Wei Directors, executives
Yu Xiang Bin Directors, Directors, and Executives
Yang Lin Director

Huizhou China Eagle Electronic Technology (SZSE:002579) Headlines

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