GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jiangsu Jingxue Insulation Technology Co Ltd (SZSE:301010) » Definitions » Equity-to-Asset

Jiangsu Jingxue Insulation Technology Co (SZSE:301010) Equity-to-Asset : 0.46 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Jiangsu Jingxue Insulation Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jiangsu Jingxue Insulation Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥829 Mil. Jiangsu Jingxue Insulation Technology Co's Total Assets for the quarter that ended in Sep. 2024 was ¥1,796 Mil. Therefore, Jiangsu Jingxue Insulation Technology Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.46.

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

SZSE:301010' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.48   Max: 0.53
Current: 0.46

During the past 8 years, the highest Equity to Asset Ratio of Jiangsu Jingxue Insulation Technology Co was 0.53. The lowest was 0.42. And the median was 0.48.

SZSE:301010's Equity-to-Asset is ranked better than
52.73% of 1741 companies
in the Construction industry
Industry Median: 0.45 vs SZSE:301010: 0.46

Jiangsu Jingxue Insulation Technology Co Equity-to-Asset Historical Data

The historical data trend for Jiangsu Jingxue Insulation 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.

Jiangsu Jingxue Insulation Technology Co Equity-to-Asset Chart

Jiangsu Jingxue Insulation Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.51 0.53 0.51 0.48 0.46

Jiangsu Jingxue Insulation Technology Co 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 0.42 0.46 0.46 0.48 0.46

Competitive Comparison of Jiangsu Jingxue Insulation Technology Co's Equity-to-Asset

For the Building Products & Equipment subindustry, Jiangsu Jingxue Insulation 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.


Jiangsu Jingxue Insulation Technology Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangsu Jingxue Insulation Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiangsu Jingxue Insulation Technology Co's Equity-to-Asset falls into.



Jiangsu Jingxue Insulation 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.

Jiangsu Jingxue Insulation 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
=831.421/1815.48
=0.46

Jiangsu Jingxue Insulation Technology Co'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
=829.482/1795.687
=0.46

* 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.


Jiangsu Jingxue Insulation Technology Co  (SZSE:301010) 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%.


Jiangsu Jingxue Insulation Technology Co Equity-to-Asset Related Terms

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


Jiangsu Jingxue Insulation Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Fengze Road, Economic Development Zone, Jiangsu Province, Wujin, CHN, 213149
Jiangsu Jingxue Insulation Technology Co Ltd is engaged in the research and development, design, production, and sales of energy-saving insulation materials for cold storage enclosure systems such as metal surface energy-saving insulation sandwich panels and supporting products.

Jiangsu Jingxue Insulation Technology Co Headlines

No Headlines