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Jong Shyn Shipbuilding Co (ROCO:2644) Equity-to-Asset : 0.14 (As of Dec. 2024)


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What is Jong Shyn Shipbuilding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jong Shyn Shipbuilding Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$1,361 Mil. Jong Shyn Shipbuilding Co's Total Assets for the quarter that ended in Dec. 2024 was NT$9,793 Mil. Therefore, Jong Shyn Shipbuilding Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.14.

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

ROCO:2644' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.14   Max: 0.16
Current: 0.14

During the past 6 years, the highest Equity to Asset Ratio of Jong Shyn Shipbuilding Co was 0.16. The lowest was 0.12. And the median was 0.14.

ROCO:2644's Equity-to-Asset is ranked worse than
89.97% of 319 companies
in the Aerospace & Defense industry
Industry Median: 0.48 vs ROCO:2644: 0.14

Jong Shyn Shipbuilding Co Equity-to-Asset Historical Data

The historical data trend for Jong Shyn Shipbuilding 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.

Jong Shyn Shipbuilding Co Equity-to-Asset Chart

Jong Shyn Shipbuilding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial 0.13 0.12 0.14 0.15 0.14

Jong Shyn Shipbuilding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.17 0.15 0.16 0.14

Competitive Comparison of Jong Shyn Shipbuilding Co's Equity-to-Asset

For the Aerospace & Defense subindustry, Jong Shyn Shipbuilding 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.


Jong Shyn Shipbuilding Co's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jong Shyn Shipbuilding Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jong Shyn Shipbuilding Co's Equity-to-Asset falls into.


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Jong Shyn Shipbuilding 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.

Jong Shyn Shipbuilding Co'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
=1360.955/9792.593
=0.14

Jong Shyn Shipbuilding Co'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
=1360.955/9792.593
=0.14

* 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.


Jong Shyn Shipbuilding Co  (ROCO:2644) 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%.


Jong Shyn Shipbuilding Co Equity-to-Asset Related Terms

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Jong Shyn Shipbuilding Co Business Description

Traded in Other Exchanges
N/A
Address
No. 92, Lane 108, Zhongzhou 3rd Road, Qijin District, Kaohsiung, TWN, 805301
Jong Shyn Shipbuilding Co Ltd is engaged in the manufacturing and sale of ship vessels. The construction categories include patrol ships, lifeguard boats, passenger ships, oil and chemical tankers, high-tech research vessels, ultra-low temperature fridge vessels, yachts, and all kinds of fishing boats and others. Its services include Shipbuilding; Ship and Yacht repairing; Shaft Processing and Yacht Maintenance.

Jong Shyn Shipbuilding Co Headlines

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