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JS Solar Holding BhdXKLS:0369 -2.56%7 Equity-to-Asset is 0.35 as of Jun. 2026, which is 25% above its 10-year median of 0.28. GuruFocus rates XKLS:0369 with a GF Score™ of 7/100. The stock has 6 warning signs investors should review. Among 450 Utilities - Independent Power Producers companies, JS Solar Holding Bhd ranks worse than 58.44% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JS Solar Holding Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM39.9 Mil. JS Solar Holding Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM114.1 Mil.
Therefore, JS Solar Holding Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.35.
The historical rank and industry rank for JS Solar Holding Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:0369'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.28 Max: 0.41
Current: 0.35
During the past 5 years, the highest Equity to Asset Ratio of JS Solar Holding Bhd was 0.41. The lowest was 0.04. And the median was 0.28.
XKLS:0369's Equity-to-Asset is ranked worse than 58.44% of 450
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41
vs XKLS:0369: 0.35
JS Solar Holding Bhd (XKLS:0369) 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%.
JS Solar Holding Bhd Equity-to-Asset Related Terms
JS Solar Holding Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for JS Solar Holding Bhd'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.
JS Solar Holding Bhd Equity-to-Asset Chart
JS Solar Holding Bhd Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Equity-to-Asset
0.04
0.04
0.10
0.22
0.39
JS Solar Holding Bhd Quarterly Data
Jun25
Sep25
Dec25
Mar26
Jun26
Equity-to-Asset
0.24
0.40
0.41
0.39
0.35
JS Solar Holding Bhd Equity-to-Asset Competitor Comparison
For the Utilities - Renewable subindustry, JS Solar Holding Bhd'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.
JS Solar Holding Bhd Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, JS Solar Holding Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where JS Solar Holding Bhd's Equity-to-Asset falls into.
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.
JS Solar Holding Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
JS Solar Holding Bhd (XKLS:0369) has a Equity-to-Asset of 0.35 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on JS Solar Holding Bhd and its competitors. This is 25% above median its historical median of 0.28. Over the past decade, JS Solar Holding Bhd's Equity-to-Asset has ranged from 0.04 to 0.41. According to the industry distribution chart, JS Solar Holding Bhd ranks #263 out of 450 companies in the Utilities - Independent Power Producers industry, placing it in the top 58.4%.
Is JS Solar Holding Bhd's Equity-to-Asset too high?
JS Solar Holding Bhd's current Equity-to-Asset of 0.35 is 25% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.41. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. JS Solar Holding Bhd's value of 0.35 is 14.6% below this industry median. Based on the distribution chart, JS Solar Holding Bhd ranks #263 out of 450 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, JS Solar Holding Bhd has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does JS Solar Holding Bhd's Equity-to-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, JS Solar Holding Bhd ranks #263 out of 450 companies for Equity-to-Asset. This places JS Solar Holding Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.41. JS Solar Holding Bhd's value of 0.35 is 14.6% below this benchmark. Historically, JS Solar Holding Bhd's own Equity-to-Asset has ranged from 0.04 to 0.41 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.41, JS Solar Holding Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 450 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JS Solar Holding Bhd's current Equity-to-Asset of 0.35 is 14.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on JS Solar Holding Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JS Solar Holding Bhd's current Equity-to-Asset is 0.35, which is 25% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JS Solar Holding Bhd stock overvalued right now?
JS Solar Holding Bhd (XKLS:0369) has a current Equity-to-Asset of 0.35. The current Equity-to-Asset is 0.35, which is 25% above median its 10-year median of 0.28 and 14.6% below the Utilities - Independent Power Producers industry median of 0.41. JS Solar Holding Bhd's overall GF Score™ is 7/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For JS Solar Holding Bhd (XKLS:0369), the current Equity-to-Asset is 0.35 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
JS Solar Holding Bhd is principally an investment holding company. Through its Subsidiaries, it is principally involved in the provision of EPCC services and contracting services for solar PV systems. The company also complement its solar PV system projects through the provision of O&M services to assist its customers in operating and maintaining their solar PV systems.
7GF Score
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