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Cybrid Technologies (SHSE:603212) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Cybrid Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cybrid Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,024 Mil. Cybrid Technologies's Total Assets for the quarter that ended in Mar. 2024 was ¥5,096 Mil. Therefore, Cybrid Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

The historical rank and industry rank for Cybrid Technologies's Equity-to-Asset or its related term are showing as below:

SHSE:603212' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.55   Max: 0.68
Current: 0.59

During the past 10 years, the highest Equity to Asset Ratio of Cybrid Technologies was 0.68. The lowest was 0.46. And the median was 0.55.

SHSE:603212's Equity-to-Asset is ranked better than
51.02% of 1568 companies
in the Chemicals industry
Industry Median: 0.59 vs SHSE:603212: 0.59

Cybrid Technologies Equity-to-Asset Historical Data

The historical data trend for Cybrid Technologies'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.

Cybrid Technologies Equity-to-Asset Chart

Cybrid Technologies 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 0.58 0.57 0.47 0.60 0.61

Cybrid Technologies 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 0.61 0.60 0.59 0.61 0.59

Competitive Comparison of Cybrid Technologies's Equity-to-Asset

For the Specialty Chemicals subindustry, Cybrid Technologies'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.


Cybrid Technologies's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cybrid Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cybrid Technologies's Equity-to-Asset falls into.



Cybrid Technologies 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.

Cybrid Technologies'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
=2994.748/4942.04
=0.61

Cybrid Technologies'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
=3023.642/5095.944
=0.59

* 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.


Cybrid Technologies  (SHSE:603212) 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%.


Cybrid Technologies Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Cybrid Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Cybrid Technologies (SHSE:603212) Business Description

Traded in Other Exchanges
N/A
Address
No. 369 Yegang Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215299
Cybrid Technologies Inc is engaged in production and sales of thin-film functional polymer materials. The company produces high-tech composite materials, plastic processing special equipment and devices; sales of solar cell components and related accessories; synthetic resins, adhesives, and tapes.
Executives
Yan Wen Qin Directors, senior managers
Chen Hong Ye Directors, senior managers
Gao Tian Bo Directors, senior managers
Chen Xiao Ying senior management
Chen Da Wei senior management

Cybrid Technologies (SHSE:603212) Headlines

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