Zhonggan Communication (Group) Holdings (HKSE:02545) Equity-to-Asset : 0.30 (As of Dec. 2024)

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What is Zhonggan Communication (Group) Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zhonggan Communication (Group) Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$452.6 Mil. Zhonggan Communication (Group) Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$1,496.4 Mil. Therefore, Zhonggan Communication (Group) Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.30.

The historical rank and industry rank for Zhonggan Communication (Group) Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:02545' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.16 Max: 0.3
Current: 0.3

During the past 4 years, the highest Equity to Asset Ratio of Zhonggan Communication (Group) Holdings was 0.30. The lowest was 0.11. And the median was 0.16.

HKSE:02545's Equity-to-Asset is ranked worse than
67.11% of 374 companies
in the Telecommunication Services industry
Industry Median: 0.4 vs HKSE:02545: 0.30

Zhonggan Communication (Group) Holdings Equity-to-Asset Historical Data

The historical data trend for Zhonggan Communication (Group) Holdings'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.

Zhonggan Communication (Group) Holdings Equity-to-Asset Chart

Zhonggan Communication (Group) Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Equity-to-Asset

0.14

0.18

0.11

0.30

Zhonggan Communication (Group) Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial			0.18	-	0.11	0.23	0.30

Competitive Comparison of Zhonggan Communication (Group) Holdings's Equity-to-Asset

For the Telecom Services subindustry, Zhonggan Communication (Group) Holdings'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.

Zhonggan Communication (Group) Holdings's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zhonggan Communication (Group) Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Zhonggan Communication (Group) Holdings's Equity-to-Asset falls into.

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Zhonggan Communication (Group) Holdings 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.

Zhonggan Communication (Group) Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	452.59	/	1496.406
	=	0.30

Zhonggan Communication (Group) Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	452.59	/	1496.406
	=	0.30

Zhonggan Communication (Group) Holdings (HKSE:02545) 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%.

Zhonggan Communication (Group) Holdings Equity-to-Asset Related Terms

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

Zhonggan Communication (Group) Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Zhonggan Communication (Group) Holdings Ltd (HKSE:02545) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2799 Tianxiang Avenue, Room 101, Block 99, Nanchang Jiahai Industrial Park, Jiangxi Province, Nanchang High-tech Industrial Development Zone, Nanchang, CHN

Website

http://www.gantongjt.com

Zhonggan Communication (Group) Holdings Ltd is a integrated service provider and software developer in China. It focuses on the provision of Telecommunications Infrastructure Services and Digitalisation Solution Services. Telecommunications Infrastructure Services comprises of infrastructure Construction Services and Infrastructure Maintenance Services. Digitalisation Solution Services comprise of Integrated Solution Services, System Maintenance Services and - Software Solution Services. Key revenue is generated from Telecommunications Infrastructure Services.

Executives

Gt & Yangtze Limited	2101 Beneficial owner
Liu Haoqiong	2201 Interest of corporation controlled by you
Tao Xiulan	2201 Interest of corporation controlled by you
Liu Dingyi	2201 Interest of corporation controlled by you
Octuple Hills Limited	2101 Beneficial owner
Huat Huat Limited	2101 Beneficial owner
Liu Dingli	2201 Interest of corporation controlled by you

Zhonggan Communication (Group) Holdings Headlines

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