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Great China Metal Industry Co (TPE:9905) Equity-to-Asset : 0.67 (As of Sep. 2023)


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What is Great China Metal Industry Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Great China Metal Industry Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was NT$7,542 Mil. Great China Metal Industry Co's Total Assets for the quarter that ended in Sep. 2023 was NT$11,236 Mil. Therefore, Great China Metal Industry Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.67.

The historical rank and industry rank for Great China Metal Industry Co's Equity-to-Asset or its related term are showing as below:

TPE:9905' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64   Med: 0.69   Max: 0.75
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of Great China Metal Industry Co was 0.75. The lowest was 0.64. And the median was 0.69.

TPE:9905's Equity-to-Asset is ranked better than
68.72% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs TPE:9905: 0.67

Great China Metal Industry Co Equity-to-Asset Historical Data

The historical data trend for Great China Metal Industry 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.

Great China Metal Industry Co Equity-to-Asset Chart

Great China Metal Industry Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.71 0.71 0.69 0.68

Great China Metal Industry Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.68 0.68 0.68 0.65 0.67

Competitive Comparison of Great China Metal Industry Co's Equity-to-Asset

For the Packaging & Containers subindustry, Great China Metal Industry 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.


Great China Metal Industry Co's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Great China Metal Industry Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Great China Metal Industry Co's Equity-to-Asset falls into.



Great China Metal Industry 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.

Great China Metal Industry Co'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
=7484.995/11058.418
=0.68

Great China Metal Industry Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=7542.236/11236.284
=0.67

* 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.


Great China Metal Industry Co  (TPE:9905) 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%.


Great China Metal Industry Co Equity-to-Asset Related Terms

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Great China Metal Industry Co (TPE:9905) Business Description

Traded in Other Exchanges
N/A
Address
No. 293-805, Songjiang Road, Zhongshan District, Taipei, TWN
Great China Metal Industry Co Ltd engaged in providing printing services for metal, manufacturing and selling metal containers, other plastic products, and packing machines. The company's primary product categories include aluminum packaging, steel packaging, and plastic packaging. The aluminum packaging products include two-piece aluminum cans, which are used for beverages. The steel packaging products include three-piece steel cans used for beverages and draw and redraw cans used for food. The plastic packaging products include plastic closures, which are used for beverages and stretch films.

Great China Metal Industry Co (TPE:9905) Headlines

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