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Chinasoft International (HKSE:00354) Equity-to-Asset : 0.69 (As of Dec. 2023)


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What is Chinasoft International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chinasoft International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$12,844 Mil. Chinasoft International's Total Assets for the quarter that ended in Dec. 2023 was HK$18,668 Mil. Therefore, Chinasoft International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.

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

HKSE:00354' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.6   Max: 0.71
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Chinasoft International was 0.71. The lowest was 0.47. And the median was 0.60.

HKSE:00354's Equity-to-Asset is ranked better than
69.87% of 2841 companies
in the Software industry
Industry Median: 0.55 vs HKSE:00354: 0.69

Chinasoft International Equity-to-Asset Historical Data

The historical data trend for Chinasoft International'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.

Chinasoft International Equity-to-Asset Chart

Chinasoft International 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 0.60 0.67 0.69 0.71 0.69

Chinasoft International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.69 0.69 0.71 0.64 0.69

Competitive Comparison of Chinasoft International's Equity-to-Asset

For the Information Technology Services subindustry, Chinasoft International'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.


Chinasoft International's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Chinasoft International's Equity-to-Asset distribution charts can be found below:

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



Chinasoft International 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.

Chinasoft International'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
=12843.656/18668.257
=0.69

Chinasoft International'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
=12843.656/18668.257
=0.69

* 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.


Chinasoft International  (HKSE:00354) 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%.


Chinasoft International Equity-to-Asset Related Terms

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


Chinasoft International (HKSE:00354) Business Description

Traded in Other Exchanges
Address
No. 2 Kexuiyuan South Road, North Wing, 12th Floor, Raycom Infotech Park, Tower C, Haidian District, Zhongguancun, Beijing, CHN, 100190
Chinasoft International Ltd is a technology software and information technology service enterprise. It provides end-to-end IT software, solutions, and services to global clients and has extensive experience in consulting, design, implementation, and services in digital applications of new technologies such as cloud computing, artificial intelligence, big data, the Internet of Things, and 5G, fully supporting clients' digital transformation. It has two segments: The Technical professional services group segment provides services that include business and IT consulting, application development, system integration, product engineering, and enterprise management. The Internet IT services group segment provides cloud-based consulting services.

Chinasoft International (HKSE:00354) Headlines

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