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Robosense Technology Co (HKSE:02498) Equity-to-Asset : 0.81 (As of Jun. 2024)


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What is Robosense Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Robosense Technology Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$3,354 Mil. Robosense Technology Co's Total Assets for the quarter that ended in Jun. 2024 was HK$4,158 Mil. Therefore, Robosense Technology Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.81.

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

HKSE:02498' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.78   Med: -1.66   Max: 0.81
Current: 0.81

During the past 4 years, the highest Equity to Asset Ratio of Robosense Technology Co was 0.81. The lowest was -2.78. And the median was -1.66.

HKSE:02498's Equity-to-Asset is ranked better than
87.53% of 2477 companies
in the Hardware industry
Industry Median: 0.56 vs HKSE:02498: 0.81

Robosense Technology Co Equity-to-Asset Historical Data

The historical data trend for Robosense Technology 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.

Robosense Technology Co Equity-to-Asset Chart

Robosense Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-2.67 -1.52 -1.47 -2.78

Robosense Technology Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial - -1.47 -1.81 -2.78 0.81

Competitive Comparison of Robosense Technology Co's Equity-to-Asset

For the Computer Hardware subindustry, Robosense Technology 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.


Robosense Technology Co's Equity-to-Asset Distribution in the Hardware Industry

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

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



Robosense Technology 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.

Robosense Technology 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
=-9937.722/3578.246
=-2.78

Robosense Technology Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=3353.702/4157.851
=0.81

* 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.


Robosense Technology Co  (HKSE:02498) 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%.


Robosense Technology Co Equity-to-Asset Related Terms

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


Robosense Technology Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Building 9, Zhongguan Honghualing Industry, Southern District 1213 Liuxian Avenue, Taoyuan Street Nanshan District, Shenzhen, CHN
Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, They have differentiated themselves from most LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. They develop its solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.
Executives
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Cr Investments Corporation 2201 Interest of corporation controlled by you
China Renaissance Holdings Limited 2201 Interest of corporation controlled by you
Emerald Forest Investment Limited 2201 Interest of corporation controlled by you
Emerald Forest International Limited 2101 Beneficial owner
Emerald Forest Holding Limited 2305 Beneficiary of a trust
Futu Trustee Limited 2301 Trustee
Cainiao Smart Logistics Network Limited
Cainiao Smart Logistics Investment Limited
Tmf (cayman) Ltd. 2301 Trustee
Ali Cn Investment Holding Limited 2201 Interest of corporation controlled by you
Sunton Global Limited 2305 Beneficiary of a trust
Blackpearl Investment Limited 2201 Interest of corporation controlled by you
Blackpearl Global Limited 2101 Beneficial owner
Zhu Xiaorui 2103 Interests held jointly with another person

Robosense Technology Co Headlines

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