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C Core Technology Co (SHSE:688262) Equity-to-Asset : 0.81 (As of Mar. 2024)


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What is C Core Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. C Core Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,362.6 Mil. C Core Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,918.6 Mil. Therefore, C Core Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

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

SHSE:688262' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.79   Med: 0.86   Max: 0.96
Current: 0.81

During the past 7 years, the highest Equity to Asset Ratio of C Core Technology Co was 0.96. The lowest was 0.79. And the median was 0.86.

SHSE:688262's Equity-to-Asset is ranked better than
77.84% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs SHSE:688262: 0.81

C Core Technology Co Equity-to-Asset Historical Data

The historical data trend for C Core Technology 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.

C Core Technology Co Equity-to-Asset Chart

C Core Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.86 0.82 0.94 0.92 0.82

C Core Technology Co Quarterly Data
Dec17 Dec18 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 0.86 0.85 0.85 0.82 0.81

Competitive Comparison of C Core Technology Co's Equity-to-Asset

For the Semiconductors subindustry, C Core Technology 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.


C Core Technology Co's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



C Core Technology 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.

C Core Technology 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
=2439.323/2978.611
=0.82

C Core Technology Co'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
=2362.647/2918.597
=0.81

* 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.


C Core Technology Co  (SHSE:688262) 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%.


C Core Technology Co Equity-to-Asset Related Terms

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C Core Technology Co (SHSE:688262) Business Description

Traded in Other Exchanges
N/A
Address
No. 209, Zhuyuan Road, Floor 23 and 24, Building 3, Pioneer Park, Jiangsu Province, Suzhou High-tech Zone, Suzhou, CHN, 215011
C Core Technology Co Ltd is a chip design company focusing on domestically-made independent controllable embedded CPU technology research and development and industrial applications. The company is committed to serving a safe, autonomous and controllable national strategy, providing IP authorization, chip customization services, and independent chip and module products for customers in major national needs and market needs, mainly used in information security, automotive electronics and industrial control, edge computing and network communication areas.

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