Chutian Dragon Co (SZSE:003040) Equity-to-Asset : 0.75 (As of Sep. 2024)

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What is Chutian Dragon Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chutian Dragon Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,409 Mil. Chutian Dragon Co's Total Assets for the quarter that ended in Sep. 2024 was ¥1,878 Mil. Therefore, Chutian Dragon Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.75.

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

SZSE:003040' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56 Med: 0.68 Max: 0.76
Current: 0.75

During the past 7 years, the highest Equity to Asset Ratio of Chutian Dragon Co was 0.76. The lowest was 0.56. And the median was 0.68.

SZSE:003040's Equity-to-Asset is ranked better than
67.85% of 1014 companies
in the Semiconductors industry
Industry Median: 0.63 vs SZSE:003040: 0.75

Chutian Dragon Co Equity-to-Asset Historical Data

The historical data trend for Chutian Dragon 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.

Chutian Dragon Co Equity-to-Asset Chart

Chutian Dragon Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.66

0.64

0.68

0.69

0.75

Chutian Dragon 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															0.72	0.75	0.76	0.75	0.75

Competitive Comparison of Chutian Dragon Co's Equity-to-Asset

For the Semiconductors subindustry, Chutian Dragon 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.

Chutian Dragon Co's Equity-to-Asset Distribution in the Semiconductors Industry

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

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

Chutian Dragon 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.

Chutian Dragon 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
	=	1507.1	/	2023.381
	=	0.74

Chutian Dragon 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
	=	1408.722	/	1877.668
	=	0.75

Chutian Dragon Co (SZSE:003040) 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%.

Chutian Dragon Co Equity-to-Asset Related Terms

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Chutian Dragon Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Chutian Dragon Co Ltd (SZSE:003040) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yifa Industrial Zone, Zhuweitian, Fenggang Town, Guangdong Province, Dongguan, CHN, 523697

Website

http://www.ctdcn.com

Chutian Dragon Co Ltd is mainly engaged in the design, research and development, production, sales and service of smart cards. The main products are financial IC cards represented by financial social security cards and standard bank IC cards, and non-financial IC cards represented by communication cards and transportation cards. It has a wide range of customers and important influence in social security, finance, communications, transportation, medical, education and other industries.

Chutian Dragon Co Headlines

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