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Sichuan Chuanhuan Technology Co (SZSE:300547) Equity-to-Asset : 0.80 (As of Mar. 2024)


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What is Sichuan Chuanhuan Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sichuan Chuanhuan Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,132 Mil. Sichuan Chuanhuan Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,408 Mil. Therefore, Sichuan Chuanhuan Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.80.

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

SZSE:300547' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.81   Max: 0.86
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Sichuan Chuanhuan Technology Co was 0.86. The lowest was 0.44. And the median was 0.81.

SZSE:300547's Equity-to-Asset is ranked better than
91.74% of 1320 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SZSE:300547: 0.80

Sichuan Chuanhuan Technology Co Equity-to-Asset Historical Data

The historical data trend for Sichuan Chuanhuan 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.

Sichuan Chuanhuan Technology Co Equity-to-Asset Chart

Sichuan Chuanhuan 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 0.86 0.84 0.85 0.79 0.80

Sichuan Chuanhuan 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 0.81 0.84 0.83 0.80 0.80

Competitive Comparison of Sichuan Chuanhuan Technology Co's Equity-to-Asset

For the Auto Parts subindustry, Sichuan Chuanhuan 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.


Sichuan Chuanhuan Technology Co's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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



Sichuan Chuanhuan 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.

Sichuan Chuanhuan 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
=1088.281/1358.579
=0.80

Sichuan Chuanhuan 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
=1132.481/1407.913
=0.80

* 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.


Sichuan Chuanhuan Technology Co  (SZSE:300547) 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%.


Sichuan Chuanhuan Technology Co Equity-to-Asset Related Terms

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Sichuan Chuanhuan Technology Co (SZSE:300547) Business Description

Traded in Other Exchanges
N/A
Address
Dongliu Industrial Park, Dazhou County, Sichuan Province, Dazhou, CHN
Sichuan Chuanhuan Technology Co Ltd engages in the development, manufacture, and sale of automotive rubber hose products. It specializes in fuel system and cooling system hoses. The company's products include oil tubing, brake pipe tubing, power steering tube, turbocharger piping, body attachment system, automotive air conditioner tube, and nylon tube series. It offers rubber molded products, silicon fluorine rubber hose, and injection molded plastic parts.
Executives
Wen Qi Chao Director
Wang Ji Sheng Director
Zhu Jun Shi Executives
Wang Quan Hui Supervisors
Wen Jian Shu Director
Wen Yong Executives
Tang Xing Jian Executives
Mao Bo Hai Directors, executives
Zou Yong Executives
Zhang Fu Hou Secretary, Director
Jiang Qing Chun Directors, executives
Wen Mo Tong Director

Sichuan Chuanhuan Technology Co (SZSE:300547) Headlines

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