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Beijing Aritime Intelligent Control Co (SHSE:600560) Equity-to-Asset : 0.54 (As of Sep. 2024)


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What is Beijing Aritime Intelligent Control Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beijing Aritime Intelligent Control Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥929.3 Mil. Beijing Aritime Intelligent Control Co's Total Assets for the quarter that ended in Sep. 2024 was ¥1,734.9 Mil. Therefore, Beijing Aritime Intelligent Control Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.54.

The historical rank and industry rank for Beijing Aritime Intelligent Control Co's Equity-to-Asset or its related term are showing as below:

SHSE:600560' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.44   Max: 0.56
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Beijing Aritime Intelligent Control Co was 0.56. The lowest was 0.37. And the median was 0.44.

SHSE:600560's Equity-to-Asset is ranked worse than
54.3% of 3022 companies
in the Industrial Products industry
Industry Median: 0.57 vs SHSE:600560: 0.54

Beijing Aritime Intelligent Control Co Equity-to-Asset Historical Data

The historical data trend for Beijing Aritime Intelligent Control 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.

Beijing Aritime Intelligent Control Co Equity-to-Asset Chart

Beijing Aritime Intelligent Control 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 0.48 0.41 0.42 0.44 0.55

Beijing Aritime Intelligent Control Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.53 0.55 0.56 0.52 0.54

Competitive Comparison of Beijing Aritime Intelligent Control Co's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Beijing Aritime Intelligent Control 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.


Beijing Aritime Intelligent Control Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Aritime Intelligent Control Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing Aritime Intelligent Control Co's Equity-to-Asset falls into.



Beijing Aritime Intelligent Control 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.

Beijing Aritime Intelligent Control 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
=906.986/1636.915
=0.55

Beijing Aritime Intelligent Control Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=929.335/1734.858
=0.54

* 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.


Beijing Aritime Intelligent Control Co  (SHSE:600560) 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%.


Beijing Aritime Intelligent Control Co Equity-to-Asset Related Terms

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Beijing Aritime Intelligent Control Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Fu Feng Road, Technology Park, Fengtai District, Beijing, Beijing, CHN, 100070
Beijing Aritime Intelligent Control Co Ltd is engaged in research and development, production, and sales, as well as undertaking automation engineering and technical services for industrial automation products. The company provides users with comprehensive, industrial, customized industrial automation solutions. The products of the company are AriCon (open distributed control system), AriDrive (electric drive series products), AriMeter (industrial testing instrument series products), AriMes (process industrial manufacturing execution system software products) and metallurgical process complete control system. The products are used in metallurgy, mining, chemical, petroleum, machinery, electricity, energy, environmental protection and other industries.

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