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China Display Optoelectronics Technology Holdings (FRA:PJJ1) Equity-to-Asset : 0.40 (As of Dec. 2023)


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What is China Display Optoelectronics Technology Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Display Optoelectronics Technology Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €129.6 Mil. China Display Optoelectronics Technology Holdings's Total Assets for the quarter that ended in Dec. 2023 was €325.2 Mil. Therefore, China Display Optoelectronics Technology Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.40.

The historical rank and industry rank for China Display Optoelectronics Technology Holdings's Equity-to-Asset or its related term are showing as below:

FRA:PJJ1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.2   Max: 0.4
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of China Display Optoelectronics Technology Holdings was 0.40. The lowest was 0.07. And the median was 0.20.

FRA:PJJ1's Equity-to-Asset is ranked worse than
75.48% of 2484 companies
in the Hardware industry
Industry Median: 0.57 vs FRA:PJJ1: 0.40

China Display Optoelectronics Technology Holdings Equity-to-Asset Historical Data

The historical data trend for China Display Optoelectronics Technology Holdings'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.

China Display Optoelectronics Technology Holdings Equity-to-Asset Chart

China Display Optoelectronics Technology Holdings Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.21 0.29 0.39 0.40

China Display Optoelectronics Technology Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.29 0.36 0.39 0.38 0.40

Competitive Comparison of China Display Optoelectronics Technology Holdings's Equity-to-Asset

For the Electronic Components subindustry, China Display Optoelectronics Technology 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.


China Display Optoelectronics Technology Holdings's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Display Optoelectronics Technology Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Display Optoelectronics Technology Holdings's Equity-to-Asset falls into.



China Display Optoelectronics Technology 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.

China Display Optoelectronics Technology Holdings'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
=129.641/325.163
=0.40

China Display Optoelectronics Technology Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=129.641/325.163
=0.40

* 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.


China Display Optoelectronics Technology Holdings  (FRA:PJJ1) 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%.


China Display Optoelectronics Technology Holdings Equity-to-Asset Related Terms

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China Display Optoelectronics Technology Holdings (FRA:PJJ1) Business Description

Traded in Other Exchanges
Address
No.23, ZhongKai High-Tech District, Guangdong Province, HuiZhou, CHN, 516006
China Display Optoelectronics Technology Holdings Ltd is an investment holding company. It operates in a single segment, display product, which manufactures and sells LCD module products. It focuses on thin-film transistor-liquid crystal display (TFT-LCD), the capacitive touch panel (CTP) display development, production, and sales of modules, and provides a range of products LCD module technology, and manufacturing support services. The company's geographical segments are Mainland China, Hong Kong, and Thailand, of which the majority of its revenues come from Hong Kong.

China Display Optoelectronics Technology Holdings (FRA:PJJ1) Headlines

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