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Leshan Electric Power CoSHSE:600644 -2.03%54 Equity-to-Asset is 0.44 as of Mar. 2026, which is 2% above its 10-year median of 0.43. GuruFocus rates SHSE:600644 with a GF Score™ of 54/100 and a GF Value™ of ¥7.53 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 507 Utilities - Regulated companies, Leshan Electric Power Co ranks better than 66.07% on this metric.
The historical rank and industry rank for Leshan Electric Power Co's Equity-to-Asset or its related term are showing as below:
SHSE:600644'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.43 Max: 0.5
Current: 0.44
During the past 13 years, the highest Equity to Asset Ratio of Leshan Electric Power Co was 0.50. The lowest was 0.39. And the median was 0.43.
SHSE:600644's Equity-to-Asset is ranked better than 66.07% of 507
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs SHSE:600644: 0.44
Leshan Electric Power Co (SHSE:600644) 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%.
Leshan Electric Power Co Equity-to-Asset Related Terms
Leshan Electric Power Co Equity-to-Asset Historical Data
* 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.
SHSE:600644 vs NEE, SO, DUK: Equity-to-Asset Comparison
For the Utilities - Regulated Electric subindustry, Leshan Electric Power 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.
Leshan Electric Power Co Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Leshan Electric Power Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Leshan Electric Power Co's Equity-to-Asset falls into.
Leshan Electric Power 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.
Leshan Electric Power Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Leshan Electric Power Co (SHSE:600644) has a Equity-to-Asset of 0.44 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Leshan Electric Power Co and its competitors. This is near median its historical median of 0.43. Over the past decade, Leshan Electric Power Co's Equity-to-Asset has ranged from 0.39 to 0.50. According to the industry distribution chart, Leshan Electric Power Co ranks #172 out of 507 companies in the Utilities - Regulated industry, placing it in the top 33.9%.
Is Leshan Electric Power Co's Equity-to-Asset too high?
Leshan Electric Power Co's current Equity-to-Asset of 0.44 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.50. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Leshan Electric Power Co's value of 0.44 is 22.2% above this industry median. Based on the distribution chart, Leshan Electric Power Co ranks #172 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Leshan Electric Power Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leshan Electric Power Co's Equity-to-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Leshan Electric Power Co ranks #172 out of 507 companies for Equity-to-Asset. This puts Leshan Electric Power Co in the upper half of its industry. The industry median Equity-to-Asset is 0.36. Leshan Electric Power Co's value of 0.44 is 22.2% above this benchmark. Historically, Leshan Electric Power Co's own Equity-to-Asset has ranged from 0.39 to 0.50 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.36, Leshan Electric Power Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leshan Electric Power Co's current Equity-to-Asset of 0.44 is 22.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Leshan Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leshan Electric Power Co's current Equity-to-Asset is 0.44, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leshan Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Leshan Electric Power Co (SHSE:600644) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.53, compared to a current price of ¥8.69 — trading 15.4% above its estimated fair value. The current Equity-to-Asset is 0.44, which is near median its 10-year median of 0.43 and 22.2% above the Utilities - Regulated industry median of 0.36. Leshan Electric Power Co's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Leshan Electric Power Co (SHSE:600644), the current Equity-to-Asset is 0.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Leshan Electric Power Co (SHSE:600644) Overvalued in 2026?
Based on GuruFocus' analysis, Leshan Electric Power Co stock appears to be overvalued.
The current stock price of ¥8.69 is trading 15.4% above its estimated GF Value™ of ¥7.53.
GuruFocus considers Leshan Electric Power Co to be Modestly Overvalued.
Key valuation signals for SHSE:600644:
Equity-to-Asset: 0.44 (near median its 10-year median of 0.43)
GF Value™: ¥7.53 vs. price of ¥8.69 (15.4% above fair value)
Industry Position: 22.2% above the Utilities - Regulated median (#172 of 507)
No single metric tells the full story. See the SHSE:600644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leshan Electric Power Co Ltd is an electric power company. The company is engaged in covering power, natural gas, tap water and hotels, photovoltaic new energy and other fields.
54GF Score
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