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Hunan Airbluer Environmental Protection Technology Co (SZSE:301259) Equity-to-Asset : 0.55 (As of Sep. 2024)


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What is Hunan Airbluer Environmental Protection Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hunan Airbluer Environmental Protection Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥831.8 Mil. Hunan Airbluer Environmental Protection Technology Co's Total Assets for the quarter that ended in Sep. 2024 was ¥1,500.8 Mil. Therefore, Hunan Airbluer Environmental Protection Technology Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.55.

The historical rank and industry rank for Hunan Airbluer Environmental Protection Technology Co's Equity-to-Asset or its related term are showing as below:

SZSE:301259' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.51   Max: 0.66
Current: 0.55

During the past 7 years, the highest Equity to Asset Ratio of Hunan Airbluer Environmental Protection Technology Co was 0.66. The lowest was 0.33. And the median was 0.51.

SZSE:301259's Equity-to-Asset is ranked better than
62.95% of 251 companies
in the Waste Management industry
Industry Median: 0.46 vs SZSE:301259: 0.55

Hunan Airbluer Environmental Protection Technology Co Equity-to-Asset Historical Data

The historical data trend for Hunan Airbluer Environmental Protection 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.

Hunan Airbluer Environmental Protection Technology Co Equity-to-Asset Chart

Hunan Airbluer Environmental Protection Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.47 0.45 0.41 0.58 0.60

Hunan Airbluer Environmental Protection 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 0.61 0.60 0.62 0.58 0.55

Competitive Comparison of Hunan Airbluer Environmental Protection Technology Co's Equity-to-Asset

For the Waste Management subindustry, Hunan Airbluer Environmental Protection 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.


Hunan Airbluer Environmental Protection Technology Co's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Hunan Airbluer Environmental Protection Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hunan Airbluer Environmental Protection Technology Co's Equity-to-Asset falls into.



Hunan Airbluer Environmental Protection 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.

Hunan Airbluer Environmental Protection 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
=865.976/1444.317
=0.60

Hunan Airbluer Environmental Protection 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
=831.769/1500.808
=0.55

* 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.


Hunan Airbluer Environmental Protection Technology Co  (SZSE:301259) 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%.


Hunan Airbluer Environmental Protection Technology Co Equity-to-Asset Related Terms

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Hunan Airbluer Environmental Protection Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Lutian Road, Unit 2030, Building 5, Oak Garden, High-tech Development Zone, Hunan Provinc, Changsha, CHN, 410205
Hunan Airbluer Environmental Protection Technology Co Ltd is committed to solving sewage, solid waste, soil pollution and ecological problems in agriculture and rural areas, and develops rural domestic sewage treatment, domestic waste treatment, rural water ecology and industrial and mining.
Executives
Yin Ming Kun Directors, Directors, and Executives
You Jian Jun Directors, executives

Hunan Airbluer Environmental Protection Technology Co Headlines

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