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DBAPPSecurity Co (SHSE:688023) Equity-to-Asset : 0.51 (As of Sep. 2024)


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What is DBAPPSecurity Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DBAPPSecurity Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,347 Mil. DBAPPSecurity Co's Total Assets for the quarter that ended in Sep. 2024 was ¥4,573 Mil. Therefore, DBAPPSecurity Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.51.

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

SHSE:688023' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.6   Max: 0.78
Current: 0.51

During the past 8 years, the highest Equity to Asset Ratio of DBAPPSecurity Co was 0.78. The lowest was 0.51. And the median was 0.60.

SHSE:688023's Equity-to-Asset is ranked worse than
54.91% of 2832 companies
in the Software industry
Industry Median: 0.55 vs SHSE:688023: 0.51

DBAPPSecurity Co Equity-to-Asset Historical Data

The historical data trend for DBAPPSecurity 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.

DBAPPSecurity Co Equity-to-Asset Chart

DBAPPSecurity Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.71 0.67 0.64 0.58 0.51

DBAPPSecurity 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 0.55 0.51 0.53 0.52 0.51

Competitive Comparison of DBAPPSecurity Co's Equity-to-Asset

For the Software - Infrastructure subindustry, DBAPPSecurity 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.


DBAPPSecurity Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, DBAPPSecurity Co's Equity-to-Asset distribution charts can be found below:

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



DBAPPSecurity 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.

DBAPPSecurity 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
=2559.901/4978.26
=0.51

DBAPPSecurity 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
=2347.471/4573.414
=0.51

* 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.


DBAPPSecurity Co  (SHSE:688023) 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%.


DBAPPSecurity Co Equity-to-Asset Related Terms

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DBAPPSecurity Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Lianhui Street, Anheng Building, Xixing Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310051
DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.
Executives
Tan Xiu Zhu Core technical personnel
Liu Bo Core technical personnel
Jiang You Wei Director
Fan Yuan Director
Shen Ren Mei Director

DBAPPSecurity Co Headlines

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