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China Dongxiang (Group) Co (STU:4C1) Equity-to-Asset : 0.92 (As of Sep. 2024)


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What is China Dongxiang (Group) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Dongxiang (Group) Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €1,163.2 Mil. China Dongxiang (Group) Co's Total Assets for the quarter that ended in Sep. 2024 was €1,270.3 Mil. Therefore, China Dongxiang (Group) Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.92.

The historical rank and industry rank for China Dongxiang (Group) Co's Equity-to-Asset or its related term are showing as below:

STU:4C1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.84   Med: 0.9   Max: 0.93
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of China Dongxiang (Group) Co was 0.93. The lowest was 0.84. And the median was 0.90.

STU:4C1's Equity-to-Asset is ranked better than
96.19% of 1077 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs STU:4C1: 0.92

China Dongxiang (Group) Co Equity-to-Asset Historical Data

The historical data trend for China Dongxiang (Group) 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.

China Dongxiang (Group) Co Equity-to-Asset Chart

China Dongxiang (Group) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.89 0.91 0.93

China Dongxiang (Group) Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 0.90 0.91 0.92 0.93 0.92

Competitive Comparison of China Dongxiang (Group) Co's Equity-to-Asset

For the Apparel Manufacturing subindustry, China Dongxiang (Group) 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.


China Dongxiang (Group) Co's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Dongxiang (Group) Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Dongxiang (Group) Co's Equity-to-Asset falls into.



China Dongxiang (Group) 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.

China Dongxiang (Group) Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1159.311/1244.368
=0.93

China Dongxiang (Group) 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
=1163.216/1270.299
=0.92

* 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.


China Dongxiang (Group) Co  (STU:4C1) 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%.


China Dongxiang (Group) Co Equity-to-Asset Related Terms

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China Dongxiang (Group) Co Business Description

Traded in Other Exchanges
Address
Building 21, No. 2 Jingyuanbei Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through company-operated retail stores and outlets in China and through its e-commerce channel. It has two segments China Apparel and Investment. The China Apparel segment engages in distribution and retail sales of sport apparel under Kappa brand and Phenix brand, as well as the franchise fee income from such trademarks for certain products. Sales in China account for the majority of the total company's revenue.

China Dongxiang (Group) Co Headlines

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