Edianyun (HKSE:02416) Equity-to-Asset : 0.37 (As of Dec. 2023)

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What is Edianyun Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Edianyun's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,348 Mil. Edianyun's Total Assets for the quarter that ended in Dec. 2023 was HK$3,622 Mil. Therefore, Edianyun's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.37.

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

HKSE:02416' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.63 Med: -0.41 Max: 0.37
Current: 0.37

During the past 4 years, the highest Equity to Asset Ratio of Edianyun was 0.37. The lowest was -0.63. And the median was -0.41.

HKSE:02416's Equity-to-Asset is ranked worse than
71.01% of 2846 companies
in the Software industry
Industry Median: 0.55 vs HKSE:02416: 0.37

Edianyun Equity-to-Asset Historical Data

The historical data trend for Edianyun'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.

Edianyun Equity-to-Asset Chart

Edianyun Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.39

-0.42

-0.63

0.37

Edianyun Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-0.42	-	-0.63	0.36	0.37

Competitive Comparison of Edianyun's Equity-to-Asset

For the Information Technology Services subindustry, Edianyun'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.

Edianyun's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Edianyun's Equity-to-Asset distribution charts can be found below:

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

Edianyun 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.

Edianyun'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
	=	1347.521	/	3622.458
	=	0.37

Edianyun'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
	=	1347.521	/	3622.458
	=	0.37

Edianyun (HKSE:02416) 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%.

Edianyun Equity-to-Asset Related Terms

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

Edianyun (HKSE:02416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edianyun Ltd (HKSE:02416) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.41 Xixiaokou Road, Yidianyun Building, Haidian District, Beijing, CHN

Website

https://www.edianyun.com

Edianyun Ltd is an investment holding company and the Group is principally engaged in providing office Internet Technology (IT) integrated solutions to small- and medium-sized enterprises in the PRC. It mainly competes in the office IT integrated solution to market, a fast-growing segment whose penetration rate in the enterprise office IT service market increased from 0.3% in 2017 to 3.3% in 2021, The company mainly generated revenue from pay-as-you-go office IT integrated solutions, sales of devices, and SaaS and other services.

Executives

Talented Ventures Iii Limited	2101 Beneficial owner
Silver Unicorn Ventures Limited	2201 Interest of corporation controlled by you
Shunwei China Internet Fund Iii, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp Limited	2201 Interest of corporation controlled by you
Koh Tuck Lye	2201 Interest of corporation controlled by you
Tian Wen Kai	2201 Interest of corporation controlled by you
Bei Jing Kao La Kun Lve Hu Lian Wang Chan Ye Tou Zi Ji Jin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing Kao La Kun Lun Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Kun Lun Nan Shan Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Tian Jin Tong Run Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Tian Jin Hua Qing Yu Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Kuai Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Hong Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Zhang Bin	2103 Interests held jointly with another person

Edianyun (HKSE:02416) Headlines

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