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Chaowei Power Holdings (Chaowei Power Holdings) Equity-to-Asset : 0.28 (As of Dec. 2023)


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What is Chaowei Power Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chaowei Power Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $860 Mil. Chaowei Power Holdings's Total Assets for the quarter that ended in Dec. 2023 was $3,052 Mil. Therefore, Chaowei Power Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

CWWGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.26   Max: 0.3
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Chaowei Power Holdings was 0.30. The lowest was 0.22. And the median was 0.26.

CWWGF's Equity-to-Asset is ranked worse than
79.73% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs CWWGF: 0.28

Chaowei Power Holdings Equity-to-Asset Historical Data

The historical data trend for Chaowei Power Holdings'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.

Chaowei Power Holdings Equity-to-Asset Chart

Chaowei Power Holdings 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 0.26 0.27 0.28 0.30 0.28

Chaowei Power Holdings 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 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 0.28 0.26 0.30 0.28 0.28

Competitive Comparison of Chaowei Power Holdings's Equity-to-Asset

For the Auto Parts subindustry, Chaowei Power Holdings'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.


Chaowei Power Holdings's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chaowei Power Holdings's Equity-to-Asset distribution charts can be found below:

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



Chaowei Power Holdings 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.

Chaowei Power Holdings'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
=859.78/3052.083
=0.28

Chaowei Power Holdings'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
=859.78/3052.083
=0.28

* 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.


Chaowei Power Holdings  (OTCPK:CWWGF) 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%.


Chaowei Power Holdings Equity-to-Asset Related Terms

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Chaowei Power Holdings (Chaowei Power Holdings) Business Description

Traded in Other Exchanges
Address
No. 18, Chengnan Road, Huaxi Industrial Function Area, Changxing County, Zhejiang Province, Huzhou, CHN, 313100
Chaowei Power Holdings Ltd is a manufacturer of batteries and related products used in electric bikes, electric vehicles, and special-purpose electric vehicles. The largest business segment is the production of lead-acid batteries for electric bikes. Smaller segments produce lithium-ion batteries and related products. The company supplies its batteries directly to electric-bike manufacturers, as well as to a network of independent distributors selling batteries on the secondary market. Nearly all of Chaowei Power's revenue is generated in China.

Chaowei Power Holdings (Chaowei Power Holdings) Headlines

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