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Wuhan DDMC Culture & Sports Co (SHSE:600136) Equity-to-Asset : 0.64 (As of Mar. 2024)


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What is Wuhan DDMC Culture & Sports Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wuhan DDMC Culture & Sports Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥373.0 Mil. Wuhan DDMC Culture & Sports Co's Total Assets for the quarter that ended in Mar. 2024 was ¥579.2 Mil. Therefore, Wuhan DDMC Culture & Sports Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.64.

The historical rank and industry rank for Wuhan DDMC Culture & Sports Co's Equity-to-Asset or its related term are showing as below:

SHSE:600136' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.62   Med: 0.38   Max: 0.73
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Wuhan DDMC Culture & Sports Co was 0.73. The lowest was -3.62. And the median was 0.38.

SHSE:600136's Equity-to-Asset is ranked better than
66.45% of 1055 companies
in the Media - Diversified industry
Industry Median: 0.52 vs SHSE:600136: 0.64

Wuhan DDMC Culture & Sports Co Equity-to-Asset Historical Data

The historical data trend for Wuhan DDMC Culture & Sports 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.

Wuhan DDMC Culture & Sports Co Equity-to-Asset Chart

Wuhan DDMC Culture & Sports Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.18 0.01 -1.28 0.65

Wuhan DDMC Culture & Sports Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.19 -3.41 -3.62 0.65 0.64

Competitive Comparison of Wuhan DDMC Culture & Sports Co's Equity-to-Asset

For the Entertainment subindustry, Wuhan DDMC Culture & Sports 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.


Wuhan DDMC Culture & Sports Co's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wuhan DDMC Culture & Sports Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Wuhan DDMC Culture & Sports Co's Equity-to-Asset falls into.



Wuhan DDMC Culture & Sports 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.

Wuhan DDMC Culture & Sports 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
=373.733/578.215
=0.65

Wuhan DDMC Culture & Sports Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=372.989/579.151
=0.64

* 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.


Wuhan DDMC Culture & Sports Co  (SHSE:600136) 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%.


Wuhan DDMC Culture & Sports Co Equity-to-Asset Related Terms

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Wuhan DDMC Culture & Sports Co (SHSE:600136) Business Description

Traded in Other Exchanges
N/A
Address
Number 99 Zhongnan Road, Baoli Building, Block A, 33rd Floor, Wuchang District, Wuhan, CHN, 430071
Wuhan DDMC Culture & Sports Co Ltd is a China-based company focused on the cultural, sports and entertainment industry. It is engaged in designing and distributing entertainment contents in China. It produces movies, television shows, and other contents. The company also operates artist brokerage, theater management, and other businesses.
Executives
You Jian Ming Director
Zhou Jia Min senior management
Yi Ren Tao Director
Jiang Li Zhang Director

Wuhan DDMC Culture & Sports Co (SHSE:600136) Headlines

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