GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Transimage Technology Co Ltd (SZSE:002866) » Definitions » Equity-to-Asset

Jiangsu Transimage Technology Co (SZSE:002866) Equity-to-Asset : 0.51 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Jiangsu Transimage Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jiangsu Transimage Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,100 Mil. Jiangsu Transimage Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,158 Mil. Therefore, Jiangsu Transimage Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.51.

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

SZSE:002866' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.62   Max: 0.88
Current: 0.51

During the past 12 years, the highest Equity to Asset Ratio of Jiangsu Transimage Technology Co was 0.88. The lowest was 0.48. And the median was 0.62.

SZSE:002866's Equity-to-Asset is ranked worse than
60.14% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs SZSE:002866: 0.51

Jiangsu Transimage Technology Co Equity-to-Asset Historical Data

The historical data trend for Jiangsu Transimage Technology 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.

Jiangsu Transimage Technology Co Equity-to-Asset Chart

Jiangsu Transimage Technology 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 0.60 0.65 0.57 0.57 0.49

Jiangsu Transimage Technology 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 0.54 0.50 0.48 0.49 0.51

Competitive Comparison of Jiangsu Transimage Technology Co's Equity-to-Asset

For the Electronic Components subindustry, Jiangsu Transimage Technology 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.


Jiangsu Transimage Technology Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Transimage Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiangsu Transimage Technology Co's Equity-to-Asset falls into.



Jiangsu Transimage Technology 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.

Jiangsu Transimage Technology 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
=2086.077/4247.12
=0.49

Jiangsu Transimage Technology 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
=2099.549/4158.17
=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.


Jiangsu Transimage Technology Co  (SZSE:002866) 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%.


Jiangsu Transimage Technology Co Equity-to-Asset Related Terms

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


Jiangsu Transimage Technology Co (SZSE:002866) Business Description

Traded in Other Exchanges
N/A
Address
No.33 Lingbo Road, Gaoyou Economic Development Zone, Jiangsu Province, Gaoyou, CHN, 225600
Jiangsu Transimage Technology Co Ltd is a China based company engaged in the research and development, manufacturing and sales of notebook computer input devices. Its products are product picture, film printed circuit, CLP module, FPC flexible circuit board, Securepad, Forcepad, Clickpad, car LCD, soft coupling board, wearable FPC, and fingerprint recognition class FPC, among others.

Jiangsu Transimage Technology Co (SZSE:002866) Headlines

No Headlines