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Cheshi Technology (HKSE:01490) Equity-to-Asset : 0.88 (As of Dec. 2023)


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What is Cheshi Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cheshi Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$585.3 Mil. Cheshi Technology's Total Assets for the quarter that ended in Dec. 2023 was HK$666.8 Mil. Therefore, Cheshi Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.88.

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

HKSE:01490' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.6   Max: 0.88
Current: 0.88

During the past 7 years, the highest Equity to Asset Ratio of Cheshi Technology was 0.88. The lowest was 0.40. And the median was 0.60.

HKSE:01490's Equity-to-Asset is ranked better than
93.84% of 1055 companies
in the Media - Diversified industry
Industry Median: 0.52 vs HKSE:01490: 0.88

Cheshi Technology Equity-to-Asset Historical Data

The historical data trend for Cheshi Technology'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.

Cheshi Technology Equity-to-Asset Chart

Cheshi Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.47 0.59 0.86 0.86 0.88

Cheshi Technology Semi-Annual Data
Dec17 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 0.86 0.87 0.86 0.88 0.88

Competitive Comparison of Cheshi Technology's Equity-to-Asset

For the Advertising Agencies subindustry, Cheshi Technology'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.


Cheshi Technology's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cheshi Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cheshi Technology's Equity-to-Asset falls into.



Cheshi Technology 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.

Cheshi Technology'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
=585.282/666.767
=0.88

Cheshi Technology'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
=585.282/666.767
=0.88

* 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.


Cheshi Technology  (HKSE:01490) 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%.


Cheshi Technology Equity-to-Asset Related Terms

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


Cheshi Technology (HKSE:01490) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Jingshun Road, Block C, Shuguang Tower, Room 401, Chaoyang District, Beijing, CHN, 100028
Cheshi Technology Inc is an investment holding company that is engaged in the advertising service of automobiles in the People's Republic of China. It offers automobile content produced by an in-house content team and distributed across the group's proprietary. It operates in two segments: Online Advertising Services, which provides automobile-related advertising services, and publication of automobile-related articles and videos, both of which are published on the Group's online platform and Transaction Facilitation Services. Nearly all of its revenue comes from the Online Advertising segment. Geographically, it operates only in China.
Executives
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Ma Yuanyuan 2202 Interest of your spouse
Xc Group Limited 2101 Beneficial owner
Xu Chong 2201 Interest of corporation controlled by you

Cheshi Technology (HKSE:01490) Headlines

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