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CPQQ (China Power Equipment) Equity-to-Asset : 0.91 (As of Sep. 2013)


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What is China Power Equipment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Power Equipment's Total Stockholders Equity for the quarter that ended in Sep. 2013 was $46.80 Mil. China Power Equipment's Total Assets for the quarter that ended in Sep. 2013 was $51.33 Mil. Therefore, China Power Equipment's Equity to Asset Ratio for the quarter that ended in Sep. 2013 was 0.91.

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

CPQQ's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

China Power Equipment Equity-to-Asset Historical Data

The historical data trend for China Power Equipment'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 Power Equipment Equity-to-Asset Chart

China Power Equipment Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset
Get a 7-Day Free Trial 0.82 0.91 0.92 0.93 0.92

China Power Equipment Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.92 0.92 0.93 0.92 0.91

Competitive Comparison of China Power Equipment's Equity-to-Asset

For the Electronic Components subindustry, China Power Equipment'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 Power Equipment's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Power Equipment's Equity-to-Asset distribution charts can be found below:

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



China Power Equipment 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 Power Equipment's Equity to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Equity to Asset (A: Dec. 2012 )=Total Stockholders Equity/Total Assets
=41.588/45.313
=0.92

China Power Equipment's Equity to Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

Equity to Asset (Q: Sep. 2013 )=Total Stockholders Equity/Total Assets
=46.798/51.332
=0.91

* 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.


China Power Equipment  (OTCPK:CPQQ) 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 Power Equipment Equity-to-Asset Related Terms

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


China Power Equipment Business Description

Traded in Other Exchanges
N/A
Address
Yongle Industry Zone, Jingyang Industry Concentration Area, Xi’an, Shaanxi, CHN, 713702
China Power Equipment Inc designs, manufactures, and distributes amorphous alloy transformer cores and amorphous alloy distribution transformers in the Peoples Republic of China. Its devices are used to step down voltage at the final phase of the distribution of electricity to consumers, businesses, and industries. The Company offers its products to electricity generators and suppliers, suppliers of electrical equipment, and other electric power transformers manufacturers.

China Power Equipment Headlines

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