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Tatwah Smartech Co (SZSE:002512) Equity-to-Asset : 0.11 (As of Mar. 2024)


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What is Tatwah Smartech Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tatwah Smartech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥460 Mil. Tatwah Smartech Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,379 Mil. Therefore, Tatwah Smartech Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.11.

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

SZSE:002512' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.3   Max: 0.72
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of Tatwah Smartech Co was 0.72. The lowest was 0.10. And the median was 0.30.

SZSE:002512's Equity-to-Asset is ranked worse than
95.51% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs SZSE:002512: 0.11

Tatwah Smartech Co Equity-to-Asset Historical Data

The historical data trend for Tatwah Smartech 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.

Tatwah Smartech Co Equity-to-Asset Chart

Tatwah Smartech 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 0.24 0.31 0.19 0.16 0.10

Tatwah Smartech 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 0.17 0.16 0.17 0.10 0.11

Competitive Comparison of Tatwah Smartech Co's Equity-to-Asset

For the Semiconductors subindustry, Tatwah Smartech 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.


Tatwah Smartech Co's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



Tatwah Smartech 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.

Tatwah Smartech 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
=458.172/4418.707
=0.10

Tatwah Smartech 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
=459.688/4379.369
=0.10

* 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.


Tatwah Smartech Co  (SZSE:002512) 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%.


Tatwah Smartech Co Equity-to-Asset Related Terms

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Tatwah Smartech Co (SZSE:002512) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Shuiyi South Road, Taifeng Industrial park, Xiaolan Town, Zhongshan City, Guangdong Province, CHN
Tatwah Smartech Co Ltd operates in the semiconductor industry. The company is mainly engaged in the design, development, production, distribution of radio-frequency identification (RFID) system. Its product portfolio comprises RFID cards, clamshell and combi cards, leather key fobs, phone attachments, RFID wristband, NFC and metal mount tags, public transport products, laundry and waste bin and other tags. Its products are primarily used in transportation, education, home, agricultural tracing, internet finance, manufacturing, asset management, warehouse, and logistics applications.
Executives
Han Yang Secretary, Director
Cai Xiao Ru Director
Chen Rong Sheng Directors, executives
Lou Ya Hua Executives
Wang Ying Zi Executives
He Cai Xia Supervisors
Wang Dan Zhou Independent director
Yuan Pei Chu Independent director
Huang Han Qiang Executives
Li Huan Fen Supervisors

Tatwah Smartech Co (SZSE:002512) Headlines

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