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Ningbo GQY Video & Telecom JSC (SZSE:300076) Equity-to-Asset : 0.90 (As of Sep. 2024)


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What is Ningbo GQY Video & Telecom JSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ningbo GQY Video & Telecom JSC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥962.8 Mil. Ningbo GQY Video & Telecom JSC's Total Assets for the quarter that ended in Sep. 2024 was ¥1,068.6 Mil. Therefore, Ningbo GQY Video & Telecom JSC's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.90.

The historical rank and industry rank for Ningbo GQY Video & Telecom JSC's Equity-to-Asset or its related term are showing as below:

SZSE:300076' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.92   Max: 0.96
Current: 0.9

During the past 13 years, the highest Equity to Asset Ratio of Ningbo GQY Video & Telecom JSC was 0.96. The lowest was 0.83. And the median was 0.92.

SZSE:300076's Equity-to-Asset is ranked better than
96.33% of 3022 companies
in the Industrial Products industry
Industry Median: 0.56 vs SZSE:300076: 0.90

Ningbo GQY Video & Telecom JSC Equity-to-Asset Historical Data

The historical data trend for Ningbo GQY Video & Telecom JSC'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.

Ningbo GQY Video & Telecom JSC Equity-to-Asset Chart

Ningbo GQY Video & Telecom JSC 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 0.93 0.92 0.91 0.90 0.92

Ningbo GQY Video & Telecom JSC 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 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 0.94 0.92 0.90 0.93 0.90

Competitive Comparison of Ningbo GQY Video & Telecom JSC's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Ningbo GQY Video & Telecom JSC'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.


Ningbo GQY Video & Telecom JSC's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo GQY Video & Telecom JSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ningbo GQY Video & Telecom JSC's Equity-to-Asset falls into.



Ningbo GQY Video & Telecom JSC 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.

Ningbo GQY Video & Telecom JSC'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
=987.595/1078.494
=0.92

Ningbo GQY Video & Telecom JSC'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
=962.809/1068.552
=0.90

* 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.


Ningbo GQY Video & Telecom JSC  (SZSE:300076) 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%.


Ningbo GQY Video & Telecom JSC Equity-to-Asset Related Terms

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Ningbo GQY Video & Telecom JSC Business Description

Traded in Other Exchanges
N/A
Address
No. 131, Binhai 4th Road, Hangzhou Bay New District, Ningbo City, CHN, 201206
Ningbo GQY Video & Telecom JSC Ltd operates as AR professional video and intelligent service robots. The solutions offered by the company include visual display, 3D stereoscopic display, and PGIS information system.
Executives
Chen Yun Hua Directors, executives
Mao Xue Qin Director
Sun Shu Min Supervisors
Guo Qi Yin Directors, executives
Yuan Xiang Yang Director
Shen Jun Supervisors
Lu Ya Supervisors

Ningbo GQY Video & Telecom JSC Headlines

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