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Global Top E-Commerce Co (SZSE:002640) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Global Top E-Commerce Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Top E-Commerce Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,331 Mil. Global Top E-Commerce Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,827 Mil. Therefore, Global Top E-Commerce Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

The historical rank and industry rank for Global Top E-Commerce Co's Equity-to-Asset or its related term are showing as below:

SZSE:002640' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.54   Max: 0.83
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Global Top E-Commerce Co was 0.83. The lowest was 0.17. And the median was 0.54.

SZSE:002640's Equity-to-Asset is ranked worse than
64.05% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.45 vs SZSE:002640: 0.35

Global Top E-Commerce Co Equity-to-Asset Historical Data

The historical data trend for Global Top E-Commerce 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.

Global Top E-Commerce Co Equity-to-Asset Chart

Global Top E-Commerce 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 0.44 0.17 0.39 0.36 0.36

Global Top E-Commerce 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 0.36 0.34 0.31 0.36 0.35

Competitive Comparison of Global Top E-Commerce Co's Equity-to-Asset

For the Internet Retail subindustry, Global Top E-Commerce 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.


Global Top E-Commerce Co's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Global Top E-Commerce Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Global Top E-Commerce Co's Equity-to-Asset falls into.



Global Top E-Commerce 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.

Global Top E-Commerce 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
=1348.685/3742.088
=0.36

Global Top E-Commerce 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
=1330.741/3826.536
=0.35

* 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.


Global Top E-Commerce Co  (SZSE:002640) 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%.


Global Top E-Commerce Co Equity-to-Asset Related Terms

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


Global Top E-Commerce Co (SZSE:002640) Business Description

Traded in Other Exchanges
N/A
Address
No. 632 Jianshe South Road, Shanxi, Taiyuan, CHN, 030006
Global Top E-Commerce Co Ltd is a China-based cross-border e-commerce enterprise. It distributes apparel and household products, electronic products, dress and personal adornment and cosmetics and other products through its e-commerce distribution platforms.
Executives
Yang Jian Xin Executives
Wang Li Zhu Independent director
Cai Zhao Bao Executives
Li Yong Director
Wu Yi Yi Executives
Gong Jian Supervisors
Lin Xu Chao Executives
Zhang Qian Supervisors
Ban Jun Peng Executives
Ji Yong Executives
Zhang Hong Xia Directors, Directors, and Executives
Xie Yu Jia Executives
Lu Pei Gang Director
Li Yu Xia Directors, executives
Gao Li Supervisors

Global Top E-Commerce Co (SZSE:002640) Headlines

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