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Enjoyor Technology Co (SZSE:300020) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Enjoyor Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Enjoyor Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,220 Mil. Enjoyor Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥7,147 Mil. Therefore, Enjoyor Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

SZSE:300020' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.54   Max: 0.61
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Enjoyor Technology Co was 0.61. The lowest was 0.44. And the median was 0.54.

SZSE:300020's Equity-to-Asset is ranked better than
56.09% of 2842 companies
in the Software industry
Industry Median: 0.55 vs SZSE:300020: 0.59

Enjoyor Technology Co Equity-to-Asset Historical Data

The historical data trend for Enjoyor 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.

Enjoyor Technology Co Equity-to-Asset Chart

Enjoyor 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 0.51 0.52 0.52 0.53 0.60

Enjoyor 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 0.55 0.61 0.61 0.60 0.59

Competitive Comparison of Enjoyor Technology Co's Equity-to-Asset

For the Software - Application subindustry, Enjoyor 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.


Enjoyor Technology Co's Equity-to-Asset Distribution in the Software Industry

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

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



Enjoyor 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.

Enjoyor 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
=4209.446/6966.18
=0.60

Enjoyor 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
=4219.917/7147.223
=0.59

* 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.


Enjoyor Technology Co  (SZSE:300020) 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%.


Enjoyor Technology Co Equity-to-Asset Related Terms

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Enjoyor Technology Co (SZSE:300020) Business Description

Traded in Other Exchanges
N/A
Address
No.223 Yile Road, 1st Floor, Building 1,, Zhejiang Province, Hangzhou, CHN, 310030
Enjoyor Technology Co Ltd is a software and information technology services company. It offers smart city solutions, cloud computing, among others.
Executives
Zhang Jian Qiang Directors, executives
Wu Yue Director
Chen Li Zhong Director
Qian Xiao Hong Directors, executives
Liu Zhan Director
Hua Shao Fu Secretary Dong
Wen Xiao Yue Executives
Fan Jin Xiang Directors, executives
Chen Cai Jun Executives
Kong Hua Hua Supervisors
Fu Zhong Executives
Ye Zhi Hui Securities Affairs Representative
Sun Zhi Lin Directors, executives
Jin Zhen Jiang Directors, Directors, and Executives
Zhou Ya Fen Supervisors

Enjoyor Technology Co (SZSE:300020) Headlines

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