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Yoantion Industrial (SZSE:301053) Equity-to-Asset : 0.50 (As of Dec. 2024)


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What is Yoantion Industrial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yoantion Industrial's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ¥687.5 Mil. Yoantion Industrial's Total Assets for the quarter that ended in Dec. 2024 was ¥1,367.0 Mil. Therefore, Yoantion Industrial's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.50.

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

SZSE:301053' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.49   Max: 0.64
Current: 0.5

During the past 8 years, the highest Equity to Asset Ratio of Yoantion Industrial was 0.64. The lowest was 0.36. And the median was 0.49.

SZSE:301053's Equity-to-Asset is ranked worse than
61.13% of 3033 companies
in the Industrial Products industry
Industry Median: 0.57 vs SZSE:301053: 0.50

Yoantion Industrial Equity-to-Asset Historical Data

The historical data trend for Yoantion Industrial'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.

Yoantion Industrial Equity-to-Asset Chart

Yoantion Industrial Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial 0.41 0.54 0.64 0.56 0.50

Yoantion Industrial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.56 0.55 0.49 0.50 0.50

Competitive Comparison of Yoantion Industrial's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Yoantion Industrial'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.


Yoantion Industrial's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yoantion Industrial's Equity-to-Asset distribution charts can be found below:

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


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Yoantion Industrial 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.

Yoantion Industrial'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
=687.465/1367.02
=0.50

Yoantion Industrial's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=687.465/1367.02
=0.50

* 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.


Yoantion Industrial  (SZSE:301053) 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%.


Yoantion Industrial Equity-to-Asset Related Terms

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


Yoantion Industrial Business Description

Traded in Other Exchanges
N/A
Address
Chengtan Industrial Zone, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312530
Yoantion Industrial Inc Ltd is engaged in the research and development, production and sales of textile-related equipment such as stenter setting machines.
Executives
Chen Xue Jun Directors, executives

Yoantion Industrial Headlines

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