Guangdong Songfa Ceramics Co (SHSE:603268) Equity-to-Asset: 0.19 (As of Mar. 2026) — 61% Below Median

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SHSE:603268 Guangdong Songfa Ceramics Co Ltd SHSE:603268
57 GF Score
Price ¥173.26
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What is Guangdong Songfa Ceramics Co Equity-to-Asset?

Guangdong Songfa Ceramics Co SHSE:603268 +1.35% 57 Equity-to-Asset is 0.19 as of Mar. 2026, which is 61% below its 10-year median of 0.49. GuruFocus rates SHSE:603268 with a GF Score™ of 57/100. The stock has 10 warning signs investors should review. Among 435 Furnishings, Fixtures & Appliances companies, Guangdong Songfa Ceramics Co ranks worse than 92.87% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Guangdong Songfa Ceramics Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ¥10,545 Mil. Guangdong Songfa Ceramics Co's Total Assets for the quarter that ended in Mar. 2026 was ¥56,978 Mil. Therefore, Guangdong Songfa Ceramics Co's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.19.

The historical rank and industry rank for Guangdong Songfa Ceramics Co's Equity-to-Asset or its related term are showing as below:

SHSE:603268' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.04   Med: 0.49   Max: 0.87
Current: 0.19

During the past 13 years, the highest Equity to Asset Ratio of Guangdong Songfa Ceramics Co was 0.87. The lowest was -0.04. And the median was 0.49.

SHSE:603268's Equity-to-Asset is ranked worse than
92.87% of 435 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.57 vs SHSE:603268: 0.19

Guangdong Songfa Ceramics Co  (SHSE:603268) 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%.


Guangdong Songfa Ceramics Co Equity-to-Asset Related Terms


Guangdong Songfa Ceramics Co Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co Equity-to-Asset Chart

Guangdong Songfa Ceramics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.30 0.13 0.17 0.19

Guangdong Songfa Ceramics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.04 0.10 0.19 0.19 0.19

SHSE:603268 vs SN, SGI, MHK: Equity-to-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Songfa Ceramics 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.


Guangdong Songfa Ceramics Co Equity-to-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Songfa Ceramics Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Guangdong Songfa Ceramics Co's Equity-to-Asset falls into.


SHSE:603268
57GF Score
Guangdong Songfa Ceramics Co Ltd SHSE:603268
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=9452.129/49392.023
=0.19

Guangdong Songfa Ceramics Co's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=10545.365/56978.29
=0.19

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.19 mean?
Guangdong Songfa Ceramics Co (SHSE:603268) has a Equity-to-Asset of 0.19 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Guangdong Songfa Ceramics Co and its competitors. This is 61% below median its historical median of 0.49. According to the industry distribution chart, Guangdong Songfa Ceramics Co ranks #404 out of 435 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 92.9%.
Is Guangdong Songfa Ceramics Co's Equity-to-Asset too high?
Guangdong Songfa Ceramics Co's current Equity-to-Asset of 0.19 is 61% below median its 10-year median of 0.49. The Furnishings, Fixtures & Appliances industry median Equity-to-Asset is 0.57. Guangdong Songfa Ceramics Co's value of 0.19 is 66.7% below this industry median. Based on the distribution chart, Guangdong Songfa Ceramics Co ranks #404 out of 435 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Guangdong Songfa Ceramics Co has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Guangdong Songfa Ceramics Co's Equity-to-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Guangdong Songfa Ceramics Co ranks #404 out of 435 companies for Equity-to-Asset. This places Guangdong Songfa Ceramics Co in the lower half of its industry. The industry median Equity-to-Asset is 0.57. Guangdong Songfa Ceramics Co's value of 0.19 is 66.7% below this benchmark. While the company's 10-year median is 0.49 vs. the industry median of 0.57, Guangdong Songfa Ceramics Co has consistently been below 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 a Furnishings, Fixtures & Appliances company?
The median Equity-to-Asset among Furnishings, Fixtures & Appliances companies is 0.57, based on 435 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. Guangdong Songfa Ceramics Co's current Equity-to-Asset of 0.19 is 66.7% below 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 Guangdong Songfa Ceramics Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Songfa Ceramics Co's current Equity-to-Asset is 0.19, which is 61% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Songfa Ceramics Co stock overvalued right now?
Guangdong Songfa Ceramics Co (SHSE:603268) has a current Equity-to-Asset of 0.19. The current Equity-to-Asset is 0.19, which is 61% below median its 10-year median of 0.49 and 66.7% below the Furnishings, Fixtures & Appliances industry median of 0.57. Guangdong Songfa Ceramics Co's overall GF Score™ is 57/100 with 10 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 Guangdong Songfa Ceramics Co (SHSE:603268), the current Equity-to-Asset is 0.19 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.

Guangdong Songfa Ceramics Co Business Description

Address No. 20, Ruyi Road Industrial Park, Building C2-2, Fengxi District, Chaozhou, CHN, 521031
Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produces household porcelain, custom porcelain hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.
57GF Score

Get the complete analysis for SHSE:603268

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥173.26
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