China Telecom (China Telecom) Equity-to-Asset : 0.53 (As of Dec. 2023)

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What is China Telecom Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Telecom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $62,033 Mil. China Telecom's Total Assets for the quarter that ended in Dec. 2023 was $117,058 Mil. Therefore, China Telecom's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

CHA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48 Med: 0.51 Max: 0.56
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of China Telecom was 0.56. The lowest was 0.48. And the median was 0.51.

CHA's Equity-to-Asset is ranked better than
71.32% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs CHA: 0.53

China Telecom Equity-to-Asset Historical Data

The historical data trend for China Telecom'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.

China Telecom Equity-to-Asset Chart

China Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.50

0.51

0.56

0.54

0.53

China Telecom Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.54	0.53	0.53	0.53	-

Competitive Comparison of China Telecom's Equity-to-Asset

For the Telecom Services subindustry, China Telecom'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.

China Telecom's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Telecom's Equity-to-Asset distribution charts can be found below:

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

China Telecom 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.

China Telecom'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
	=	62032.716	/	117057.505
	=	0.53

China Telecom's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	62032.716	/	117057.505
	=	0.53

China Telecom (NYSE:CHA) 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%.

China Telecom Equity-to-Asset Related Terms

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

China Telecom (China Telecom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Telecom Corp Ltd (NYSE:CHA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

00728:Hong Kong ZCH:Germany 601728:China

Address

31 Jinrong Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.chinatelecom-h.com

China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.