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SUPCON Technology Co (XSWX:SUPCON) Equity-to-Asset : 0.57 (As of Mar. 2024)


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What is SUPCON Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SUPCON Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,382 Mil. SUPCON Technology Co's Total Assets for the quarter that ended in Mar. 2024 was $2,427 Mil. Therefore, SUPCON Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.57.

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

XSWX:SUPCON' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.42   Max: 0.57
Current: 0.57

During the past 8 years, the highest Equity to Asset Ratio of SUPCON Technology Co was 0.57. The lowest was 0.29. And the median was 0.42.

XSWX:SUPCON's Equity-to-Asset is ranked better than
51.88% of 3024 companies
in the Industrial Products industry
Industry Median: 0.56 vs XSWX:SUPCON: 0.57

SUPCON Technology Co Equity-to-Asset Historical Data

The historical data trend for SUPCON 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.

SUPCON Technology Co Equity-to-Asset Chart

SUPCON Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.36 0.48 0.44 0.40 0.55

SUPCON Technology Co Quarterly Data
Mar19 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 0.41 0.54 0.53 0.55 0.57

Competitive Comparison of SUPCON Technology Co's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, SUPCON 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.


SUPCON Technology Co's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



SUPCON 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.

SUPCON 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
=1376.006/2504.083
=0.55

SUPCON 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
=1382.469/2427.46
=0.57

* 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.


SUPCON Technology Co  (XSWX:SUPCON) 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%.


SUPCON Technology Co Equity-to-Asset Related Terms

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SUPCON Technology Co (XSWX:SUPCON) Business Description

Traded in Other Exchanges
Address
No. 309, Liuhe Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053
SUPCON Technology Co Ltd is engaged in providing technologies and products with automation control system covering industrial software, automation instrumentation and operation and maintenance services. Its products include Total solution, Instruments, PCS, APC & MES, and ERP. Its products are used in various industries including Oil & Gas; Petrochemical & Refinery; Chemical; Power; Building Material; Pulp & Paper; Metallurgy; among others.

SUPCON Technology Co (XSWX:SUPCON) Headlines

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