Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Zhidao International (Holdings)'s Equity-to-Asset or its related term are showing as below:
ZDAOF's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8 * Ranked among companies with meaningful Equity-to-Asset only.
Zhidao International (Holdings) (OTCPK:ZDAOF) 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%.
Zhidao International (Holdings) Equity-to-Asset Related Terms
Zhidao International (Holdings) Equity-to-Asset Historical Data
* 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.
Zhidao International (Holdings) Equity-to-Asset Chart
For the Aluminum subindustry, Zhidao International (Holdings)'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.
Zhidao International (Holdings) Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zhidao International (Holdings)'s Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zhidao International (Holdings)'s Equity-to-Asset falls into.
Zhidao International (Holdings) 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.
* 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.
Zhidao International (Holdings) (ZDAOF) has a Equity-to-Asset of 0.67 as of Sep. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Zhidao International (Holdings) and its competitors.
Is Zhidao International (Holdings)'s Equity-to-Asset too high?
Zhidao International (Holdings)'s current Equity-to-Asset is 0.67. The Metals & Mining industry median Equity-to-Asset is 0.80. Zhidao International (Holdings)'s value of 0.67 is 16.3% below this industry median. Overall, Zhidao International (Holdings) has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Zhidao International (Holdings)'s Equity-to-Asset compare to AA?
Zhidao International (Holdings)'s Equity-to-Asset of 0.67 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Zhidao International (Holdings)'s value of 0.67 is 16.3% below this benchmark. 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 a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,668 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. Zhidao International (Holdings)'s current Equity-to-Asset of 0.67 is 16.3% 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 Zhidao International (Holdings) and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhidao International (Holdings)'s current Equity-to-Asset is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhidao International (Holdings) stock overvalued right now?
Zhidao International (Holdings) (ZDAOF) has a current Equity-to-Asset of 0.67. The current Equity-to-Asset is 0.67 and 16.3% below the Metals & Mining industry median of 0.80. Zhidao International (Holdings)'s overall GF Score™ is 9/100. 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 Zhidao International (Holdings) (ZDAOF), the current Equity-to-Asset is 0.67 as of Sep. 2024. 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.
Zhidao International (Holdings) Business Description
Zhidao International (Holdings) Ltd trades and supplies aluminum products. Its segments include trading of aluminum products, construction projects, and money lending. The company generates maximum revenue from the construction projects segment. The construction projects segment includes a supply of aluminum products in construction projects and an extension to the provision of construction and engineering services. Geographically, it derives a majority of its revenue from Macau.
9GF Score
Get the complete analysis for ZDAOF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ZDAOF has been successfully added to your 
