CM Energy Tech Co (HKSE:00206) Equity-to-Asset : 0.54 (As of Dec. 2023)

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What is CM Energy Tech Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CM Energy Tech Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,367 Mil. CM Energy Tech Co's Total Assets for the quarter that ended in Dec. 2023 was HK$2,548 Mil. Therefore, CM Energy Tech Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

The historical rank and industry rank for CM Energy Tech Co's Equity-to-Asset or its related term are showing as below:

HKSE:00206' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.41 Max: 0.65
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of CM Energy Tech Co was 0.65. The lowest was 0.04. And the median was 0.41.

HKSE:00206's Equity-to-Asset is ranked better than
57.69% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs HKSE:00206: 0.54

CM Energy Tech Co Equity-to-Asset Historical Data

The historical data trend for CM Energy Tech 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.

CM Energy Tech Co Equity-to-Asset Chart

CM Energy Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.34

0.59

0.65

0.61

0.54

CM Energy Tech Co 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															0.65	0.65	0.61	0.50	0.54

Competitive Comparison of CM Energy Tech Co's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, CM Energy Tech 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.

CM Energy Tech Co's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CM Energy Tech Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CM Energy Tech Co's Equity-to-Asset falls into.

CM Energy Tech 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.

CM Energy Tech Co'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
	=	1367.035	/	2548.346
	=	0.54

CM Energy Tech Co'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
	=	1367.035	/	2548.346
	=	0.54

CM Energy Tech Co (HKSE:00206) 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%.

CM Energy Tech Co Equity-to-Asset Related Terms

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

CM Energy Tech Co (HKSE:00206) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CM Energy Tech Co Ltd (HKSE:00206) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 51 Kwai Cheong Road, Room A, 31st Floor, Tower 2, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.cm-energy.com

CM Energy Tech Co Ltd's primary business is offshore wind power installation, core equipment technology, products and services in the green and clean energy and oil and gas exploration industries, and offshore engineering asset management business.

Executives

Zhao Shang Ju Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
China Merchants & Great Wall Ocean Strategy & Technology Fund (l.p.)	2201 Interest of corporation controlled by you
China Merchants Great-wall Gp Limited	2201 Interest of corporation controlled by you
Prime Force Investment Corporation	2101 Beneficial owner
China International Marine Containers (group) Co., Ltd.	2201 Interest of corporation controlled by you
China International Marine Containers (hong Kong) Limited	2101 Beneficial owner
China State Shipbuilding Corporation Limited	2201 Interest of corporation controlled by you
Cssc Huangpu Wenchong Shipbuilding Company Limited	2201 Interest of corporation controlled by you
Cssc Offshore & Marine Engineering (group) Company Limited	2201 Interest of corporation controlled by you
Wah Shun International Marine Limited	2101 Beneficial owner
Minyun Limited	2201 Interest of corporation controlled by you
Chen Fengying	2202 Interest of your spouse
Zhang Jiuli	2202 Interest of your spouse
Zhang Menggui	2201 Interest of corporation controlled by you
Jiang Bing Hua	2201 Interest of corporation controlled by you

CM Energy Tech Co (HKSE:00206) Headlines

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