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FAWER Automotive Parts Co (SZSE:000030) Equity-to-Asset : 0.47 (As of Mar. 2024)


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What is FAWER Automotive Parts Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FAWER Automotive Parts Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥7,840 Mil. FAWER Automotive Parts Co's Total Assets for the quarter that ended in Mar. 2024 was ¥16,735 Mil. Therefore, FAWER Automotive Parts Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.47.

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

SZSE:000030' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.53   Max: 0.61
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of FAWER Automotive Parts Co was 0.61. The lowest was 0.45. And the median was 0.53.

SZSE:000030's Equity-to-Asset is ranked better than
51.21% of 1320 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SZSE:000030: 0.47

FAWER Automotive Parts Co Equity-to-Asset Historical Data

The historical data trend for FAWER Automotive Parts 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.

FAWER Automotive Parts Co Equity-to-Asset Chart

FAWER Automotive Parts 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 0.52 0.50 0.50 0.49 0.45

FAWER Automotive Parts Co 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 0.51 0.48 0.45 0.45 0.47

Competitive Comparison of FAWER Automotive Parts Co's Equity-to-Asset

For the Auto Parts subindustry, FAWER Automotive Parts 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.


FAWER Automotive Parts Co's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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



FAWER Automotive Parts 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.

FAWER Automotive Parts 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
=7671.227/16976.863
=0.45

FAWER Automotive Parts 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
=7840.226/16734.64
=0.47

* 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.


FAWER Automotive Parts Co  (SZSE:000030) 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%.


FAWER Automotive Parts Co Equity-to-Asset Related Terms

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


FAWER Automotive Parts Co (SZSE:000030) Business Description

Traded in Other Exchanges
Address
777 Dongfeng South Street, Xixin Economic Development Zone, Jilin Province, Changchun City, CHN, 130033
FAWER Automotive Parts Ltd Co is engaged in manufacturing automotive parts and components of environment control systems, chassis systems, steering and transmission systems, safety systems, engine accessory systems.
Executives
Wang Xiao Ping Directors, executives
Gan Xian Guo Directors, executives
Yang Yi Ping Executives
Du Xin Yue Executives
Zu Xue Zhong Executives
Ye Fan Directors, executives
Ban Wu Director
Niu Su Yan Supervisors
Gong Yi Heng Supervisors

FAWER Automotive Parts Co (SZSE:000030) Headlines

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