Shanxi Installation Group Co (HKSE:02520) Equity-to-Asset : 0.11 (As of Jun. 2024)

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What is Shanxi Installation Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shanxi Installation Group Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$2,914 Mil. Shanxi Installation Group Co's Total Assets for the quarter that ended in Jun. 2024 was HK$27,760 Mil. Therefore, Shanxi Installation Group Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.11.

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

HKSE:02520' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.1 Max: 0.11
Current: 0.11

During the past 4 years, the highest Equity to Asset Ratio of Shanxi Installation Group Co was 0.11. The lowest was 0.08. And the median was 0.10.

HKSE:02520's Equity-to-Asset is ranked worse than
92.82% of 1741 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:02520: 0.11

Shanxi Installation Group Co Equity-to-Asset Historical Data

The historical data trend for Shanxi Installation Group 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.

Shanxi Installation Group Co Equity-to-Asset Chart

Shanxi Installation Group Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.11

0.10

0.08

0.11

Shanxi Installation Group Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial			-	0.08	0.08	0.11	0.11

Competitive Comparison of Shanxi Installation Group Co's Equity-to-Asset

For the Engineering & Construction subindustry, Shanxi Installation Group 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.

Shanxi Installation Group Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shanxi Installation Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanxi Installation Group Co's Equity-to-Asset falls into.

Shanxi Installation Group 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.

Shanxi Installation Group 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
	=	2854.918	/	25728.338
	=	0.11

Shanxi Installation Group 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
	=	2913.501	/	27760.302
	=	0.10

Shanxi Installation Group Co (HKSE:02520) 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%.

Shanxi Installation Group Co Equity-to-Asset Related Terms

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

Shanxi Installation Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanxi Installation Group Co Ltd (HKSE:02520) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Xinhua Road, Tanghuai Industrial Park, Shanxi Transformation and Comprehensive, Reform Demonstration Zone, Shanxi, Taiyuan, CHN

Website

http://www.sxaz.com.cn

Shanxi Installation Group Co Ltd is a construction service provider based in Taiyuan, a city in Shanxi Province, China. It is engaged in specialized industrial construction, specialized auxiliary construction, other construction, and non-construction business. It offers a wide range of services, from design and consulting, investment and construction, and building construction, to operation and maintenance.

Executives

Xiang Gang Li Jun Jian An Tou Zi You Xian Gong Si	2101 Beneficial owner
Citic Securities Company Limited	2201 Interest of corporation controlled by you
Xi An Shan Gong Guo Ji Jian Zhu Gong Cheng You Xian Gong Si	2201 Interest of corporation controlled by you
Ming Yang Zhi Hui Neng Yuan Ji Tuan Gu Fen Gong Si	2101 Beneficial owner
Gaoteng Global Asset Management Limited	2201 Interest of corporation controlled by you
Jinyi Capital Multi-strategy Fund Spc Ltd.	2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Hai Nan Tian Kun Shen Yi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Jin Luo Shen Zhen Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Su Wan Wei Dian Qi You Xian Gong Si	2201 Interest of corporation controlled by you
Hai Nan Tian Kun Xian Ning Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Hai Nan Jing Tai Jing Zhun Gu Quan Si Mu Ji Jin Er Qi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Si Chuan Hua Zhi Ye Can Dian Li She Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Jing Tai Chuang Ye Tou Zi Si Mu Ji Jin Guan Li Hai Nan He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you

Shanxi Installation Group Co Headlines

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