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China Automotive Interior Decoration Holdings (HKSE:00048) Equity-to-Asset : 0.57 (As of Dec. 2023)


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What is China Automotive Interior Decoration Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Automotive Interior Decoration Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$166.5 Mil. China Automotive Interior Decoration Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$290.3 Mil. Therefore, China Automotive Interior Decoration Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.57.

The historical rank and industry rank for China Automotive Interior Decoration Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:00048' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.59   Max: 0.86
Current: 0.57

During the past 13 years, the highest Equity to Asset Ratio of China Automotive Interior Decoration Holdings was 0.86. The lowest was 0.40. And the median was 0.59.

HKSE:00048's Equity-to-Asset is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.52 vs HKSE:00048: 0.57

China Automotive Interior Decoration Holdings Equity-to-Asset Historical Data

The historical data trend for China Automotive Interior Decoration 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.

China Automotive Interior Decoration Holdings Equity-to-Asset Chart

China Automotive Interior Decoration 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 0.55 0.56 0.55 0.40 0.57

China Automotive Interior Decoration 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 0.55 0.50 0.40 0.46 0.57

Competitive Comparison of China Automotive Interior Decoration Holdings's Equity-to-Asset

For the Textile Manufacturing subindustry, China Automotive Interior Decoration 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.


China Automotive Interior Decoration Holdings's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Automotive Interior Decoration Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Automotive Interior Decoration Holdings's Equity-to-Asset falls into.



China Automotive Interior Decoration 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.

China Automotive Interior Decoration 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
=166.464/290.326
=0.57

China Automotive Interior Decoration 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
=166.464/290.326
=0.57

* 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 Automotive Interior Decoration Holdings  (HKSE:00048) 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 Automotive Interior Decoration Holdings Equity-to-Asset Related Terms

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China Automotive Interior Decoration Holdings (HKSE:00048) Business Description

Traded in Other Exchanges
N/A
Address
11 On Lai Street, Workshop Nos. 25, 6th Floor, Corporation Park, Shatin, New Territories, Hong Kong, HKG
China Automotive Interior Decoration Holdings Ltd is principally engaged in the manufacture and sale of nonwoven fabric products used in automotive interior decoration parts and other parts, and trading of rubber and food products. The business operates in two business segments that include the Manufacture and sale of nonwoven fabric products and supply and procurement operation. Its Manufacture and sale of nonwoven fabric products generate maximum revenue for the company. Geographically the company derives the majority of its revenue from the People's Republic of China.
Executives
Zhuang Yuejin 2101 Beneficial owner

China Automotive Interior Decoration Holdings (HKSE:00048) Headlines

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