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Beijing Dinghan Technology Group Co (SZSE:300011) Equity-to-Asset : 0.36 (As of Mar. 2024)


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What is Beijing Dinghan Technology Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beijing Dinghan Technology Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,317 Mil. Beijing Dinghan Technology Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,644 Mil. Therefore, Beijing Dinghan Technology Group Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

SZSE:300011' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.55   Max: 0.86
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Beijing Dinghan Technology Group Co was 0.86. The lowest was 0.36. And the median was 0.55.

SZSE:300011's Equity-to-Asset is ranked worse than
80.66% of 3035 companies
in the Industrial Products industry
Industry Median: 0.56 vs SZSE:300011: 0.36

Beijing Dinghan Technology Group Co Equity-to-Asset Historical Data

The historical data trend for Beijing Dinghan Technology Group 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.

Beijing Dinghan Technology Group Co Equity-to-Asset Chart

Beijing Dinghan Technology Group 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 0.54 0.44 0.44 0.38 0.36

Beijing Dinghan Technology Group 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 0.37 0.37 0.38 0.36 0.36

Competitive Comparison of Beijing Dinghan Technology Group Co's Equity-to-Asset

For the Tools & Accessories subindustry, Beijing Dinghan Technology Group 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.


Beijing Dinghan Technology Group Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Dinghan Technology Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing Dinghan Technology Group Co's Equity-to-Asset falls into.



Beijing Dinghan Technology Group 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.

Beijing Dinghan Technology Group 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
=1314.097/3652.736
=0.36

Beijing Dinghan Technology Group 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
=1317.396/3644.249
=0.36

* 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.


Beijing Dinghan Technology Group Co  (SZSE:300011) 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%.


Beijing Dinghan Technology Group Co Equity-to-Asset Related Terms

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Beijing Dinghan Technology Group Co (SZSE:300011) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, South Fourth Ring Road, Building 2, Building 18, Headquarters Base, Fengtai District, Beijing, CHN, 100070
Beijing Dinghan Technology Co Ltd is rooted in the rail transit industry. It is focused on the production and provision of professional equipment and integrated solutions for rail transit. Its rail transit rolling stock equipment includes rolling stock power supply, rolling stock air condition, rolling stock special cables, and rolling stock safety detection systems. Geographically, the activities are carried out through China.
Executives
Gu Qing Wei Directors, executives
Hou Wen Qi Director
Xiao Dong Sheng Executives
Wang Sheng Tang Executives
Ruan Shou Guo Director
Wu Zhi Gang Securities Affairs Representative
Li Jing Supervisors
Cao Wu Shun Independent director
Li Dong Rong Directors, executives
Zhang Yan Bing Directors, executives
Wan Qing Directors, executives
Li Tong Supervisors
Ge Cai Feng Executives
Yang Fan Supervisors
Xing Jian Ping Supervisors

Beijing Dinghan Technology Group Co (SZSE:300011) Headlines

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