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Beijing Beetech (SZSE:300667) Equity-to-Asset : 0.81 (As of Mar. 2024)


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What is Beijing Beetech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beijing Beetech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,275.4 Mil. Beijing Beetech's Total Assets for the quarter that ended in Mar. 2024 was ¥1,578.6 Mil. Therefore, Beijing Beetech's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

The historical rank and industry rank for Beijing Beetech's Equity-to-Asset or its related term are showing as below:

SZSE:300667' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.76   Max: 0.86
Current: 0.81

During the past 12 years, the highest Equity to Asset Ratio of Beijing Beetech was 0.86. The lowest was 0.59. And the median was 0.76.

SZSE:300667's Equity-to-Asset is ranked better than
86.97% of 3031 companies
in the Industrial Products industry
Industry Median: 0.56 vs SZSE:300667: 0.81

Beijing Beetech Equity-to-Asset Historical Data

The historical data trend for Beijing Beetech'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.

Beijing Beetech Equity-to-Asset Chart

Beijing Beetech 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 0.59 0.73 0.75 0.74 0.79

Beijing Beetech 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 0.76 0.78 0.78 0.79 0.81

Competitive Comparison of Beijing Beetech's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Beijing Beetech'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.


Beijing Beetech's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Beetech's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing Beetech's Equity-to-Asset falls into.



Beijing Beetech 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.

Beijing Beetech'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
=1276.537/1607.451
=0.79

Beijing Beetech'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
=1275.35/1578.631
=0.81

* 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.


Beijing Beetech  (SZSE:300667) 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%.


Beijing Beetech Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Beijing Beetech's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Beetech (SZSE:300667) Business Description

Traded in Other Exchanges
N/A
Address
Seven Streets 7th Floor, No. 1 Huizhong Building, Haidian District, Beijing, CHN, 100085
Beijing Beetech Inc is a China-based company. It is a wireless sensor network system solutions and micro-electro-mechanical systems (MEMS) sensor chip provider. The company provides monitoring solutions for smart industrial, digital oilfields, smart grids and other fields. It also focuses on testing solutions in the fields of equipment manufacturing, research and testing, teaching and experiment and defense research, and MEMS products for automotive electronics and consumer electronics.

Beijing Beetech (SZSE:300667) Headlines

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