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Qianjiang Water Resources Development Co (SHSE:600283) Equity-to-Asset : 0.33 (As of Mar. 2025)


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What is Qianjiang Water Resources Development Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Qianjiang Water Resources Development Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥3,116 Mil. Qianjiang Water Resources Development Co's Total Assets for the quarter that ended in Mar. 2025 was ¥9,444 Mil. Therefore, Qianjiang Water Resources Development Co's Equity to Asset Ratio for the quarter that ended in Mar. 2025 was 0.33.

The historical rank and industry rank for Qianjiang Water Resources Development Co's Equity-to-Asset or its related term are showing as below:

SHSE:600283' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.33   Max: 0.38
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of Qianjiang Water Resources Development Co was 0.38. The lowest was 0.26. And the median was 0.33.

SHSE:600283's Equity-to-Asset is ranked worse than
58.4% of 500 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs SHSE:600283: 0.33

Qianjiang Water Resources Development Co Equity-to-Asset Historical Data

The historical data trend for Qianjiang Water Resources Development 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.

Qianjiang Water Resources Development Co Equity-to-Asset Chart

Qianjiang Water Resources Development 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 0.34 0.33 0.32 0.31 0.30

Qianjiang Water Resources Development Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.29 0.28 0.26 0.30 0.33

Competitive Comparison of Qianjiang Water Resources Development Co's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Qianjiang Water Resources Development 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.


Qianjiang Water Resources Development Co's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Qianjiang Water Resources Development Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Qianjiang Water Resources Development Co's Equity-to-Asset falls into.


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Qianjiang Water Resources Development 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.

Qianjiang Water Resources Development 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
=3062.157/10310.454
=0.30

Qianjiang Water Resources Development Co's Equity to Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

Equity to Asset (Q: Mar. 2025 )=Total Stockholders Equity/Total Assets
=3116.007/9443.87
=0.33

* 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.


Qianjiang Water Resources Development Co  (SHSE:600283) 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%.


Qianjiang Water Resources Development Co Equity-to-Asset Related Terms

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Qianjiang Water Resources Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Santaishan Road, Zhejiang, hangzhou, CHN, 310013
Qianjiang Water Resources Development Co Ltd is a China-based company is involved in hydropower and water supply business. In addition, it is involved in the real estate development activities; distribution of materials and spare parts; and other services.

Qianjiang Water Resources Development Co Headlines

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