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Zhongji Innolight Co (SZSE:300308) Equity-to-Asset : 0.66 (As of Mar. 2025)


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What is Zhongji Innolight Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zhongji Innolight Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥20,715 Mil. Zhongji Innolight Co's Total Assets for the quarter that ended in Mar. 2025 was ¥31,583 Mil. Therefore, Zhongji Innolight Co's Equity to Asset Ratio for the quarter that ended in Mar. 2025 was 0.66.

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

SZSE:300308' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.68   Max: 0.9
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Zhongji Innolight Co was 0.90. The lowest was 0.51. And the median was 0.68.

SZSE:300308's Equity-to-Asset is ranked better than
65.73% of 2457 companies
in the Hardware industry
Industry Median: 0.57 vs SZSE:300308: 0.66

Zhongji Innolight Co Equity-to-Asset Historical Data

The historical data trend for Zhongji Innolight 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.

Zhongji Innolight Co Equity-to-Asset Chart

Zhongji Innolight Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.69 0.72 0.71 0.66

Zhongji Innolight Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.70 0.66 0.65 0.66 0.66

Competitive Comparison of Zhongji Innolight Co's Equity-to-Asset

For the Communication Equipment subindustry, Zhongji Innolight 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.


Zhongji Innolight Co's Equity-to-Asset Distribution in the Hardware Industry

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

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


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Zhongji Innolight 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.

Zhongji Innolight Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=19133.887/28866.277
=0.66

Zhongji Innolight Co's Equity to Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

Equity to Asset (Q: Mar. 2025 )=Total Stockholders Equity/Total Assets
=20714.619/31582.872
=0.66

* 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.


Zhongji Innolight Co  (SZSE:300308) 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%.


Zhongji Innolight Co Equity-to-Asset Related Terms

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Zhongji Innolight Co Business Description

Traded in Other Exchanges
N/A
Address
Zhuyouguan Town Industrial Park, Shandong province, Longkou, CHN
Zhongji Innolight Co Ltd is a China-based company engaged in the R&D, production, and sales of high-end optical communication transceiver modules, 5G wireless networks, telecom transmission, and fixed network access. The company pays attention to technology research and development and promotes products with high speed, Miniaturization, low power consumption, and low cost that are developed to provide cloud data centers of high-speed Optical transceivers for telecom equipment manufacturers 5G Fronthaul, midhaul, and backhaul optical modules are used to transmit optical on metro, backbone, and core networks modules as well as applications for fixed networks.
Executives
Wang Wei Xiu Director
Wang Xiao Dong Directors, executives
Wang Jun Secretary Dong
Wang Xiao Li Executives
Wang Ce Sheng Executives
Qi Zhi Jie Supervisors
Liu Ji Ling Securities Affairs Representative
Liu Sheng Directors, executives
Wang Jin Supervisors
Feng Tao Director

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