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Wiscom System Co (SZSE:002090) Equity-to-Asset : 0.50 (As of Sep. 2024)


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What is Wiscom System Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wiscom System Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,478 Mil. Wiscom System Co's Total Assets for the quarter that ended in Sep. 2024 was ¥2,980 Mil. Therefore, Wiscom System Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.50.

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

SZSE:002090' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.41   Max: 0.55
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Wiscom System Co was 0.55. The lowest was 0.28. And the median was 0.41.

SZSE:002090's Equity-to-Asset is ranked worse than
56.29% of 2805 companies
in the Software industry
Industry Median: 0.55 vs SZSE:002090: 0.50

Wiscom System Co Equity-to-Asset Historical Data

The historical data trend for Wiscom System 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.

Wiscom System Co Equity-to-Asset Chart

Wiscom System 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 0.35 0.39 0.50 0.48 0.50

Wiscom System Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.51 0.50 0.54 0.52 0.50

Competitive Comparison of Wiscom System Co's Equity-to-Asset

For the Software - Infrastructure subindustry, Wiscom System 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.


Wiscom System Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Wiscom System Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Wiscom System Co's Equity-to-Asset falls into.


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Wiscom System 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.

Wiscom System 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
=1461.663/2920.945
=0.50

Wiscom System 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
=1478.193/2979.716
=0.50

* 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.


Wiscom System Co  (SZSE:002090) 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%.


Wiscom System Co Equity-to-Asset Related Terms

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Wiscom System Co Business Description

Traded in Other Exchanges
N/A
Address
No. 100 General Avenue, Nanjing Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211100
Wiscom System Co Ltd is engaged in the information technology services business in China. The company operates its business in the power grid, communication, radio, and television industries.
Executives
Zhang Hao Directors, executives
Li Jin Securities Affairs Representative
Li Jian Directors, executives
He An Ying Directors, executives
Feng Wei Jiang Directors, executives
Ye Liu Jin Directors, executives
Zhu Hua Ming Supervisors
Ding Xiao Yi Director
Ye Feng Executives
Jin Yong Directors, executives
Chen Gang Supervisors
Guo Wei Directors, executives
Hua Mei Fang Supervisors
Xu Bing Director

Wiscom System Co Headlines

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