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China Zheshang Bank Co (STU:6CZ) Equity-to-Asset : 0.06 (As of Mar. 2024)


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What is China Zheshang Bank Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Zheshang Bank Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €24,583 Mil. China Zheshang Bank Co's Total Assets for the quarter that ended in Mar. 2024 was €403,910 Mil. Therefore, China Zheshang Bank Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.06.

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

STU:6CZ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.06   Max: 0.07
Current: 0.06

During the past 12 years, the highest Equity to Asset Ratio of China Zheshang Bank Co was 0.07. The lowest was 0.05. And the median was 0.06.

STU:6CZ's Equity-to-Asset is ranked worse than
82.29% of 1474 companies
in the Banks industry
Industry Median: 0.09 vs STU:6CZ: 0.06

China Zheshang Bank Co Equity-to-Asset Historical Data

The historical data trend for China Zheshang Bank 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 Zheshang Bank Co Equity-to-Asset Chart

China Zheshang Bank Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.06 0.07 0.06 0.06

China Zheshang Bank Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 - 0.06 0.06 0.06 0.06

Competitive Comparison of China Zheshang Bank Co's Equity-to-Asset

For the Banks - Regional subindustry, China Zheshang Bank 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 Zheshang Bank Co's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Zheshang Bank Co's Equity-to-Asset distribution charts can be found below:

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



China Zheshang Bank 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 Zheshang Bank 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
=23919.031/403761.385
=0.06

China Zheshang Bank 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
=24582.518/403909.702
=0.06

* 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 Zheshang Bank Co  (STU:6CZ) 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 Zheshang Bank Co Equity-to-Asset Related Terms

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China Zheshang Bank Co (STU:6CZ) Business Description

Traded in Other Exchanges
Address
No. 288, Qingchun Road, Xiacheng District, Zhejiang, Hangzhou, CHN, 310006
China Zheshang Bank Co Ltd provides corporate and personal deposits, loans and advances, clearing and settlement services, treasury business, and other banking services as approved by the CBIRC. The company's business segments include Corporate banking; Retail banking; Treasury operations and other business. It generates maximum revenue from the Corporate banking segment. The corporate banking segment covers the provision of financial products and services to corporations, government agencies, and other institutions. The products and services include corporate loans and advances, trade financing, deposit products, and various types of corporate intermediary services, etc.

China Zheshang Bank Co (STU:6CZ) Headlines

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