China Resources Power Holdings Co (China Resources Power Holdings Co) Equity-to-Asset : 0.30 (As of Dec. 2023)

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What is China Resources Power Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Resources Power Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12,246 Mil. China Resources Power Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was $41,281 Mil. Therefore, China Resources Power Holdings Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.30.

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

CRPJY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.34 Max: 0.37
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of China Resources Power Holdings Co was 0.37. The lowest was 0.30. And the median was 0.34.

CRPJY's Equity-to-Asset is ranked worse than
64.61% of 438 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.39 vs CRPJY: 0.30

China Resources Power Holdings Co Equity-to-Asset Historical Data

The historical data trend for China Resources Power Holdings 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.

China Resources Power Holdings Co Equity-to-Asset Chart

China Resources Power Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.36

0.37

0.35

0.33

0.30

China Resources Power Holdings Co 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															0.35	0.34	0.33	0.30	0.30

Competitive Comparison of China Resources Power Holdings Co's Equity-to-Asset

For the Utilities - Independent Power Producers subindustry, China Resources Power Holdings 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.

China Resources Power Holdings Co's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Resources Power Holdings Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Resources Power Holdings Co's Equity-to-Asset falls into.

China Resources Power Holdings 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.

China Resources Power Holdings 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
	=	12245.891	/	41280.953
	=	0.30

China Resources Power Holdings Co'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
	=	12245.891	/	41280.953
	=	0.30

China Resources Power Holdings Co (OTCPK:CRPJY) 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 Resources Power Holdings Co Equity-to-Asset Related Terms

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China Resources Power Holdings Co (China Resources Power Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Resources Power Holdings Co Ltd (OTCPK:CRPJY) » Definitions » Equity-to-Asset

Traded in Other Exchanges

00836:Hong Kong CRP:Germany

Address

26 Harbour Road, Rooms 2001-2002, 20th Floor, China Resources Building, Wanchai, HKG

Website

https://www.cr-power.com

China Resources Power, or CR Power, is one of China's largest independent power producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants and thermal power (coal-fired and gas-fired) plants, which are situated mostly in eastern, central and southern China, with a total attributable operational generation capacity of about 52.6 gigawatts as of end-2022. Renewable energy accounts for about 32.3% of its capacity. China Resources Holdings, a key state-owned conglomerate, owns approximately 62.9% of CR Power's shares outstanding.