Jiangsu DINGS Intelligent Control Technology Co (BJSE:873593) Equity-to-Asset : 0.93 (As of Mar. 2024)

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What is Jiangsu DINGS Intelligent Control Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jiangsu DINGS Intelligent Control Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥672.0 Mil. Jiangsu DINGS Intelligent Control Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥719.5 Mil. Therefore, Jiangsu DINGS Intelligent Control Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.93.

The historical rank and industry rank for Jiangsu DINGS Intelligent Control Technology Co's Equity-to-Asset or its related term are showing as below:

BJSE:873593' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.74 Max: 0.93
Current: 0.93

During the past 5 years, the highest Equity to Asset Ratio of Jiangsu DINGS Intelligent Control Technology Co was 0.93. The lowest was 0.66. And the median was 0.74.

BJSE:873593's Equity-to-Asset is ranked better than
98.15% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs BJSE:873593: 0.93

Jiangsu DINGS Intelligent Control Technology Co Equity-to-Asset Historical Data

The historical data trend for Jiangsu DINGS Intelligent Control Technology 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.

Jiangsu DINGS Intelligent Control Technology Co Equity-to-Asset Chart

Jiangsu DINGS Intelligent Control Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.66

0.77

0.67

0.69

0.73

Jiangsu DINGS Intelligent Control Technology Co Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial													0.74	0.91	0.92	0.93	0.93

Competitive Comparison of Jiangsu DINGS Intelligent Control Technology Co's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Jiangsu DINGS Intelligent Control Technology 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.

Jiangsu DINGS Intelligent Control Technology Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu DINGS Intelligent Control Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiangsu DINGS Intelligent Control Technology Co's Equity-to-Asset falls into.

Jiangsu DINGS Intelligent Control Technology 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.

Jiangsu DINGS Intelligent Control Technology 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
	=	268.459	/	366.858
	=	0.73

Jiangsu DINGS Intelligent Control Technology 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
	=	672.042	/	719.525
	=	0.93

Jiangsu DINGS Intelligent Control Technology Co (BJSE:873593) 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%.

Jiangsu DINGS Intelligent Control Technology Co Equity-to-Asset Related Terms

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Jiangsu DINGS Intelligent Control Technology Co (BJSE:873593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu DINGS Intelligent Control Technology Co Ltd (BJSE:873593) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

No. 355, Longjin Road, Lucheng Street, Changzhou Economic Development Zone, Jiangsu Province, Nanjing, CHN, 213000

Website

https://www.dingsmotion.cn

Jiangsu DINGS Intelligent Control Technology Co Ltd engages in the design, development, production, and sales of linear actuators, hybrid stepper motors, DC motors, voice coil motors, and their components. Its product offering comprises Stepper Lead Screw Linear Actuator, Stepper Ball Screw Linear Actuator, PM Linear Actuator, Hybrid Rotary Stepper Motor., Hollow Shaft Stepper Motor, Brushless DC Motor, Slotless Brushless DC Motor, Voice Coil Motor, Motion Controller, Customization Options, Gripper, and DLM Series.

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