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ArcherMind Technology (Nanjing) Co (SZSE:300598) Equity-to-Asset : 0.71 (As of Mar. 2024)


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What is ArcherMind Technology (Nanjing) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ArcherMind Technology (Nanjing) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,575 Mil. ArcherMind Technology (Nanjing) Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,234 Mil. Therefore, ArcherMind Technology (Nanjing) Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.71.

The historical rank and industry rank for ArcherMind Technology (Nanjing) Co's Equity-to-Asset or its related term are showing as below:

SZSE:300598' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.75   Max: 0.86
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of ArcherMind Technology (Nanjing) Co was 0.86. The lowest was 0.58. And the median was 0.75.

SZSE:300598's Equity-to-Asset is ranked better than
72.49% of 2850 companies
in the Software industry
Industry Median: 0.55 vs SZSE:300598: 0.71

ArcherMind Technology (Nanjing) Co Equity-to-Asset Historical Data

The historical data trend for ArcherMind Technology (Nanjing) Co'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.

ArcherMind Technology (Nanjing) Co Equity-to-Asset Chart

ArcherMind Technology (Nanjing) Co 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 0.76 0.72 0.69 0.58 0.64

ArcherMind Technology (Nanjing) Co 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 0.60 0.59 0.59 0.64 0.71

Competitive Comparison of ArcherMind Technology (Nanjing) Co's Equity-to-Asset

For the Information Technology Services subindustry, ArcherMind Technology (Nanjing) Co'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.


ArcherMind Technology (Nanjing) Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, ArcherMind Technology (Nanjing) Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ArcherMind Technology (Nanjing) Co's Equity-to-Asset falls into.



ArcherMind Technology (Nanjing) Co 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.

ArcherMind Technology (Nanjing) Co'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
=1542.658/2404.459
=0.64

ArcherMind Technology (Nanjing) Co'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
=1574.727/2233.749
=0.70

* 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.


ArcherMind Technology (Nanjing) Co  (SZSE:300598) 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%.


ArcherMind Technology (Nanjing) Co Equity-to-Asset Related Terms

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ArcherMind Technology (Nanjing) Co (SZSE:300598) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Ningshuang Road, Yuhuatai District, Building B, Nanjing, Jiangsu, Nanjing, CHN, 210012
ArcherMind Technology (Nanjing) Co Ltd is a China-based company engaged in offering software research, development, and consulting service in the fields of mobile devices and internet software. It provides solutions in the fields of Intelligent terminals, Smart automotive, Internet of Things (IoT) and Mobile internet. In Intelligent terminals, the company provides solutions for smartphone, tablet and virtual reality. Smart automotive comprise solutions such as digital cluster, automotive infotainment, intelligent cloud mirror, and smart cockpit. IoT solutions offer solutions for healthcare, home, kitchen and bath, whereas Mobile internet involves finance solutions. The company has a business presence around the world.
Executives
Wang Kun Directors, executives
Wang Jin Feng Directors, executives
Huang Hai Yan Directors, executives
Liu He Yi Director
Liu Yong Independent director

ArcherMind Technology (Nanjing) Co (SZSE:300598) Headlines

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