Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Equity-to-Asset : 0.82 (As of Mar. 2024)

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What is Hi-Think Yondervision (Beijing) Tech Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hi-Think Yondervision (Beijing) Tech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥368.2 Mil. Hi-Think Yondervision (Beijing) Tech Co's Total Assets for the quarter that ended in Mar. 2024 was ¥448.3 Mil. Therefore, Hi-Think Yondervision (Beijing) Tech Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.82.

The historical rank and industry rank for Hi-Think Yondervision (Beijing) Tech Co's Equity-to-Asset or its related term are showing as below:

BJSE:837592' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.77 Max: 0.85
Current: 0.82

During the past 11 years, the highest Equity to Asset Ratio of Hi-Think Yondervision (Beijing) Tech Co was 0.85. The lowest was 0.59. And the median was 0.77.

BJSE:837592's Equity-to-Asset is ranked better than
87.03% of 2845 companies
in the Software industry
Industry Median: 0.55 vs BJSE:837592: 0.82

Hi-Think Yondervision (Beijing) Tech Co Equity-to-Asset Historical Data

The historical data trend for Hi-Think Yondervision (Beijing) Tech 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.

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Hi-Think Yondervision (Beijing) Tech Co Equity-to-Asset Chart

Hi-Think Yondervision (Beijing) Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.78

0.75

0.77

0.79

Hi-Think Yondervision (Beijing) Tech Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.82	0.83	0.77	0.79	0.82

Competitive Comparison of Hi-Think Yondervision (Beijing) Tech Co's Equity-to-Asset

For the Information Technology Services subindustry, Hi-Think Yondervision (Beijing) Tech 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.

Hi-Think Yondervision (Beijing) Tech Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Hi-Think Yondervision (Beijing) Tech Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hi-Think Yondervision (Beijing) Tech Co's Equity-to-Asset falls into.

Hi-Think Yondervision (Beijing) Tech 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.

Hi-Think Yondervision (Beijing) Tech 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
	=	377.046	/	475.642
	=	0.79

Hi-Think Yondervision (Beijing) Tech Co'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
	=	368.184	/	448.268
	=	0.82

Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) 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%.

Hi-Think Yondervision (Beijing) Tech Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hi-Think Yondervision (Beijing) Tech Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi-Think Yondervision (Beijing) Tech Co Ltd (BJSE:837592) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, North Taipingzhuang Road, Floor 12, Building A, Chengjian Building, Haidian, Beijing, CHN, 100088

Website

https://www.yondervision.com.cn

Hi-Think Yondervision (Beijing) Tech Co Ltd is a provider of digital solutions for housing provident funds and banking And service operators, providing housing provident fund management agencies and banks across the country with information system-related software customization development, maintenance services, third-party product sales and integration, outsourcing services and other services across multiple scenarios. At present, the company's business mainly includes five sectors: digital provident fund, digital port, digital financial services, service outsourcing, and data intelligence services. It has always focused on the field of housing finance, providing high-quality software products and digital services for housing provident fund management institutions across the country.

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