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Fu Chun Shin Machinery Manufacture Co (ROCO:6603) Equity-to-Asset : 0.32 (As of Dec. 2024)


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What is Fu Chun Shin Machinery Manufacture Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fu Chun Shin Machinery Manufacture Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$2,443 Mil. Fu Chun Shin Machinery Manufacture Co's Total Assets for the quarter that ended in Dec. 2024 was NT$7,710 Mil. Therefore, Fu Chun Shin Machinery Manufacture Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.32.

The historical rank and industry rank for Fu Chun Shin Machinery Manufacture Co's Equity-to-Asset or its related term are showing as below:

ROCO:6603' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.34   Max: 0.49
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Fu Chun Shin Machinery Manufacture Co was 0.49. The lowest was 0.30. And the median was 0.34.

ROCO:6603's Equity-to-Asset is ranked worse than
85.62% of 3031 companies
in the Industrial Products industry
Industry Median: 0.57 vs ROCO:6603: 0.32

Fu Chun Shin Machinery Manufacture Co Equity-to-Asset Historical Data

The historical data trend for Fu Chun Shin Machinery Manufacture 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.

Fu Chun Shin Machinery Manufacture Co Equity-to-Asset Chart

Fu Chun Shin Machinery Manufacture Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.32 0.33 0.30 0.32

Fu Chun Shin Machinery Manufacture Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.31 0.29 0.31 0.32

Competitive Comparison of Fu Chun Shin Machinery Manufacture Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Fu Chun Shin Machinery Manufacture 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.


Fu Chun Shin Machinery Manufacture Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fu Chun Shin Machinery Manufacture Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fu Chun Shin Machinery Manufacture Co's Equity-to-Asset falls into.


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Fu Chun Shin Machinery Manufacture 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.

Fu Chun Shin Machinery Manufacture 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
=2442.818/7710.104
=0.32

Fu Chun Shin Machinery Manufacture 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
=2442.818/7710.104
=0.32

* 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.


Fu Chun Shin Machinery Manufacture Co  (ROCO:6603) 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%.


Fu Chun Shin Machinery Manufacture Co Equity-to-Asset Related Terms

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Fu Chun Shin Machinery Manufacture Co Business Description

Traded in Other Exchanges
N/A
Address
No.269, Bao Dong Road, Pitou Village, Guanmiao District, Tainan, TWN, 718
Fu Chun Shin Machinery Manufacture Co Ltd is a Taiwan-based company mainly engaged in the manufacturing, repair, processing, and trading of plastic injection machines and tooling, plastic products, electric wires, and cables.

Fu Chun Shin Machinery Manufacture Co Headlines

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