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Jiangxi Huawu Brake Co (SZSE:300095) Equity-to-Asset : 0.58 (As of Mar. 2024)


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What is Jiangxi Huawu Brake Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jiangxi Huawu Brake Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,112 Mil. Jiangxi Huawu Brake Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,624 Mil. Therefore, Jiangxi Huawu Brake Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.58.

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

SZSE:300095' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.56   Max: 0.73
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Jiangxi Huawu Brake Co was 0.73. The lowest was 0.46. And the median was 0.56.

SZSE:300095's Equity-to-Asset is ranked better than
68.04% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs SZSE:300095: 0.58

Jiangxi Huawu Brake Co Equity-to-Asset Historical Data

The historical data trend for Jiangxi Huawu Brake 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.

Jiangxi Huawu Brake Co Equity-to-Asset Chart

Jiangxi Huawu Brake 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 0.48 0.47 0.56 0.56 0.57

Jiangxi Huawu Brake 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 0.57 0.56 0.58 0.57 0.58

Competitive Comparison of Jiangxi Huawu Brake Co's Equity-to-Asset

For the Auto Parts subindustry, Jiangxi Huawu Brake 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.


Jiangxi Huawu Brake Co's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangxi Huawu Brake Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiangxi Huawu Brake Co's Equity-to-Asset falls into.



Jiangxi Huawu Brake 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.

Jiangxi Huawu Brake 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
=2101.502/3716.421
=0.57

Jiangxi Huawu Brake 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
=2111.522/3624.443
=0.58

* 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.


Jiangxi Huawu Brake Co  (SZSE:300095) 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%.


Jiangxi Huawu Brake Co Equity-to-Asset Related Terms

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Jiangxi Huawu Brake Co (SZSE:300095) Business Description

Traded in Other Exchanges
N/A
Address
City Industrial Park in Jiangxi Feng Xin Mei Road 7, Fengcheng, CHN, 331100
Jiangxi Huawu Brake Co Ltd is engaged in the research, development, design, manufacture, and sales of industrial brakes and control systems. The products of the company include poet brake, metallurgical brake, wind turbine brake, rail traffic brake, and spare parts.
Executives
Nie Jing Hua Director
Ceng Zhi Yong Directors, executives
Nie Lu Lu Executives, directors
Xie Xu Zhou Executives
Chen Feng Ju Directors, Directors, and Executives
Lai Chen Executives
Zhang Jing Executives
Cai Kui Executives
Cao Ming Sheng Directors, executives
Feng Hua Independent director
Xuan Jian Min Supervisors

Jiangxi Huawu Brake Co (SZSE:300095) Headlines

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