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Sichuan Western Resources Holding Co (SHSE:600139) Equity-to-Asset : -1.27 (As of Sep. 2022)


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What is Sichuan Western Resources Holding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sichuan Western Resources Holding Co's Total Stockholders Equity for the quarter that ended in Sep. 2022 was ¥-595.60 Mil. Sichuan Western Resources Holding Co's Total Assets for the quarter that ended in Sep. 2022 was ¥468.06 Mil. Therefore, Sichuan Western Resources Holding Co's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was -1.27.

The historical rank and industry rank for Sichuan Western Resources Holding Co's Equity-to-Asset or its related term are showing as below:

SHSE:600139's Equity-to-Asset is not ranked *
in the Conglomerates industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Sichuan Western Resources Holding Co Equity-to-Asset Historical Data

The historical data trend for Sichuan Western Resources Holding 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.

Sichuan Western Resources Holding Co Equity-to-Asset Chart

Sichuan Western Resources Holding Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.12 0.11 0.05 -1.03

Sichuan Western Resources Holding Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.90 -1.03 -1.12 -1.19 -1.27

Competitive Comparison of Sichuan Western Resources Holding Co's Equity-to-Asset

For the Conglomerates subindustry, Sichuan Western Resources Holding 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.


Sichuan Western Resources Holding Co's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sichuan Western Resources Holding Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sichuan Western Resources Holding Co's Equity-to-Asset falls into.



Sichuan Western Resources Holding 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.

Sichuan Western Resources Holding Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-491.479/475.607
=-1.03

Sichuan Western Resources Holding Co's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-595.601/468.063
=-1.27

* 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.


Sichuan Western Resources Holding Co  (SHSE:600139) 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%.


Sichuan Western Resources Holding Co Equity-to-Asset Related Terms

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Sichuan Western Resources Holding Co (SHSE:600139) Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Bisheng Road, Jinjiang Industrial Development Zone, Chengdu, Sichuan, CHN, 610063
Sichuan Western Resources Holding Co Ltd engages in the exploration, mining, and beneficiation of various metals in China. It primarily explores for copper, gold, and silver metals. The company also manufactures and sells new energy vehicles and electric drive systems. In addition, it manufactures CNG and city buses; and develops and manufactures lithium-ion battery materials and related batteries products. Further, the company provides finance leasing services.

Sichuan Western Resources Holding Co (SHSE:600139) Headlines

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