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Chengdu Uestc Optical Communications (BJSE:920008) Equity-to-Asset : 0.63 (As of Sep. 2024)


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What is Chengdu Uestc Optical Communications Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chengdu Uestc Optical Communications's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥287.6 Mil. Chengdu Uestc Optical Communications's Total Assets for the quarter that ended in Sep. 2024 was ¥454.2 Mil. Therefore, Chengdu Uestc Optical Communications's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.63.

The historical rank and industry rank for Chengdu Uestc Optical Communications's Equity-to-Asset or its related term are showing as below:

BJSE:920008' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.76   Max: 0.97
Current: 0.63

During the past 12 years, the highest Equity to Asset Ratio of Chengdu Uestc Optical Communications was 0.97. The lowest was 0.44. And the median was 0.76.

BJSE:920008's Equity-to-Asset is ranked better than
60.24% of 2457 companies
in the Hardware industry
Industry Median: 0.57 vs BJSE:920008: 0.63

Chengdu Uestc Optical Communications Equity-to-Asset Historical Data

The historical data trend for Chengdu Uestc Optical Communications'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.

Chengdu Uestc Optical Communications Equity-to-Asset Chart

Chengdu Uestc Optical Communications 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 0.78 0.63 0.48 0.52 0.51

Chengdu Uestc Optical Communications Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.48 0.51 0.50 0.50 0.63

Competitive Comparison of Chengdu Uestc Optical Communications's Equity-to-Asset

For the Electronic Components subindustry, Chengdu Uestc Optical Communications'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.


Chengdu Uestc Optical Communications's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chengdu Uestc Optical Communications's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chengdu Uestc Optical Communications's Equity-to-Asset falls into.


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Chengdu Uestc Optical Communications 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.

Chengdu Uestc Optical Communications'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
=165.772/324.655
=0.51

Chengdu Uestc Optical Communications's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=287.627/454.183
=0.63

* 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.


Chengdu Uestc Optical Communications  (BJSE:920008) 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%.


Chengdu Uestc Optical Communications Equity-to-Asset Related Terms

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Chengdu Uestc Optical Communications Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Tianchen Road, High-tech Zone, Sichuan Province, Chengdu, CHN, 611731
Website
Chengdu Uestc Optical Communications Corp is engaged in the research and development, production and sales of network bus products and special display products.

Chengdu Uestc Optical Communications Headlines

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