GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autel Intelligent Technology Corp Ltd (SHSE:688208) » Definitions » Equity-to-Asset

Autel Intelligent Technology (SHSE:688208) Equity-to-Asset : 0.55 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Autel Intelligent Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Autel Intelligent Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,267 Mil. Autel Intelligent Technology's Total Assets for the quarter that ended in Mar. 2024 was ¥5,973 Mil. Therefore, Autel Intelligent Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.55.

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

SHSE:688208' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.72   Max: 0.86
Current: 0.55

During the past 11 years, the highest Equity to Asset Ratio of Autel Intelligent Technology was 0.86. The lowest was 0.55. And the median was 0.72.

SHSE:688208's Equity-to-Asset is ranked better than
63.86% of 1320 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SHSE:688208: 0.55

Autel Intelligent Technology Equity-to-Asset Historical Data

The historical data trend for Autel Intelligent Technology'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.

Autel Intelligent Technology Equity-to-Asset Chart

Autel Intelligent Technology Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.79 0.68 0.58 0.58

Autel Intelligent Technology 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 0.59 0.58 0.59 0.58 0.55

Competitive Comparison of Autel Intelligent Technology's Equity-to-Asset

For the Auto Parts subindustry, Autel Intelligent Technology'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.


Autel Intelligent Technology's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autel Intelligent Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Autel Intelligent Technology's Equity-to-Asset falls into.



Autel Intelligent Technology 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.

Autel Intelligent Technology'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
=3215.508/5576.849
=0.58

Autel Intelligent Technology'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
=3267.058/5972.644
=0.55

* 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.


Autel Intelligent Technology  (SHSE:688208) 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%.


Autel Intelligent Technology Equity-to-Asset Related Terms

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


Autel Intelligent Technology (SHSE:688208) Business Description

Traded in Other Exchanges
N/A
Address
No. 1001 Xueyuan Avenue, Xili Street, 7th, 8th and 10th floors of Building B1, Zhiyuan, Nanshan District, Guangdong, Shenzhen, CHN, 518055
Autel Intelligent Technology Corp Ltd is an automotive electronic products manufacturer. It is engaged in production, sales and service of automotive intelligent diagnosis, detection and analysis systems and automotive electronic components. The company's products include diagnostic products, ADAS series products, Tire Pressure products, Anti-Theft products and other products.
Executives
Li Hong Jing Director
Li Hong Director
Zhou Qiu Fang Supervisors
Zhan Jin Yong Core technical personnel
Deng Ren Xiang Supervisors
Luo Yong Liang Core technical personnel
Yin Hui Core technical personnel
Wang Yong senior management
Zhang Wei Supervisors

Autel Intelligent Technology (SHSE:688208) Headlines

No Headlines