Zhejiang Leapmotor Technology Co (HKSE:09863) Equity-to-Asset : 0.44 (As of Dec. 2023)

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What is Zhejiang Leapmotor Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zhejiang Leapmotor Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$13,670 Mil. Zhejiang Leapmotor Technology Co's Total Assets for the quarter that ended in Dec. 2023 was HK$31,122 Mil. Therefore, Zhejiang Leapmotor Technology Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.44.

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

HKSE:09863' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.5 Med: 0.43 Max: 0.58
Current: 0.44

During the past 5 years, the highest Equity to Asset Ratio of Zhejiang Leapmotor Technology Co was 0.58. The lowest was -0.50. And the median was 0.43.

HKSE:09863's Equity-to-Asset is ranked worse than
53.75% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs HKSE:09863: 0.44

Zhejiang Leapmotor Technology Co Equity-to-Asset Historical Data

The historical data trend for Zhejiang Leapmotor 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.

Zhejiang Leapmotor Technology Co Equity-to-Asset Chart

Zhejiang Leapmotor Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.50

-0.17

0.58

0.43

0.44

Zhejiang Leapmotor Technology Co Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.58	-	0.43	0.35	0.44

Competitive Comparison of Zhejiang Leapmotor Technology Co's Equity-to-Asset

For the Auto Manufacturers subindustry, Zhejiang Leapmotor 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.

Zhejiang Leapmotor Technology Co's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Leapmotor Technology Co's Equity-to-Asset distribution charts can be found below:

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

Zhejiang Leapmotor 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.

Zhejiang Leapmotor 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
	=	13670.263	/	31121.747
	=	0.44

Zhejiang Leapmotor Technology Co'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
	=	13670.263	/	31121.747
	=	0.44

Zhejiang Leapmotor Technology Co (HKSE:09863) 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%.

Zhejiang Leapmotor Technology Co Equity-to-Asset Related Terms

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Zhejiang Leapmotor Technology Co (HKSE:09863) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Leapmotor Technology Co Ltd (HKSE:09863) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 451 Wulianwang Street, 1st Floor, Binjiang District, Zhejiang Province, Hangzhou, CHN

Website

https://www.leapmotor.com

Zhejiang Leapmotor Technology Co Ltd is principally engaged in the production, research and development and sales of new energy vehicles in the PRC.

Executives

Chen Ailing	2202 Interest of your spouse
Fu Liquan	2201 Interest of corporation controlled by you
Liu Yunzhen	2202 Interest of your spouse
Zhu Jiangming	2103 Interests held jointly with another person
Fu Yiqin	2201 Interest of corporation controlled by you
Guo Xin Zheng Quan Gu Fen You Xian Gong Si	2501 Other
Ning Bo Hua Ling Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Stellantis N.v.	2101 Beneficial owner
Chen Ailing	2103 Interests held jointly with another person
Fu Liquan	2103 Interests held jointly with another person
Liu Yunzhen	2202 Interest of your spouse
Zhu Jiangming	2103 Interests held jointly with another person
Fu Yiqin	2201 Interest of corporation controlled by you
Hang Zhou Guo Shun Ling Pao Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner

Zhejiang Leapmotor Technology Co (HKSE:09863) Headlines

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