GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eoptolink Technology Inc Ltd (SZSE:300502) » Definitions » Equity-to-Asset

Eoptolink Technology (SZSE:300502) Equity-to-Asset : 0.72 (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Eoptolink Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eoptolink Technology's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥7,084 Mil. Eoptolink Technology's Total Assets for the quarter that ended in Sep. 2024 was ¥9,822 Mil. Therefore, Eoptolink Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.72.

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

SZSE:300502' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.82   Max: 0.86
Current: 0.72

During the past 13 years, the highest Equity to Asset Ratio of Eoptolink Technology was 0.86. The lowest was 0.67. And the median was 0.82.

SZSE:300502's Equity-to-Asset is ranked better than
74.3% of 2459 companies
in the Hardware industry
Industry Median: 0.57 vs SZSE:300502: 0.72

Eoptolink Technology Equity-to-Asset Historical Data

The historical data trend for Eoptolink Technology'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.

Eoptolink Technology Equity-to-Asset Chart

Eoptolink Technology 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 0.80 0.82 0.81 0.82 0.85

Eoptolink Technology 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 0.86 0.85 0.79 0.75 0.72

Competitive Comparison of Eoptolink Technology's Equity-to-Asset

For the Communication Equipment subindustry, Eoptolink Technology'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.


Eoptolink Technology's Equity-to-Asset Distribution in the Hardware Industry

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

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


;
;

Eoptolink Technology 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.

Eoptolink Technology'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
=5465.978/6439.984
=0.85

Eoptolink Technology'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
=7083.717/9821.804
=0.72

* 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.


Eoptolink Technology  (SZSE:300502) 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%.


Eoptolink Technology Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Eoptolink Technology's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Eoptolink Technology Business Description

Traded in Other Exchanges
N/A
Address
No.127 West Wulian Street, Gongxing Town, Shuangliu District, Chengdu, CHN, 610213
Eoptolink Technology Inc Ltd is engaged in R&D, production and sales of optical modules.
Executives
Dai Xue Min Executives
Gao Guang Rong Director
Wang Cheng Directors, executives
Chen Wei Executives
Zhang Zhi Qiang Supervisors
Yuan Yin Supervisors
Director
Wan Ming Supervisors
Hu Xue Min Director
Wei Wei Supervisors, securities affairs representatives
Huang Xiao Lei Directors, executives
Li Jiang Directors, executives

Eoptolink Technology Headlines

No Headlines