BYD Co (BYD Co) Equity-to-Asset

: 0.20 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BYD Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $19,441 Mil. BYD Co's Total Assets for the quarter that ended in Dec. 2023 was $95,172 Mil. Therefore, BYD Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.20.

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

BYDDY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.28 Max: 0.35
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of BYD Co was 0.35. The lowest was 0.20. And the median was 0.28.

BYDDY's Equity-to-Asset is ranked worse than
88.47% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BYDDY: 0.20

BYD Co Equity-to-Asset Historical Data

The historical data trend for BYD 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.

BYD Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.29

0.28

0.32

0.23

0.20

BYD Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.23	0.21	0.20	0.21	0.20

Competitive Comparison

For the Auto Manufacturers subindustry, BYD 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.

BYD Co Equity-to-Asset Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Equity-to-Asset distribution charts can be found below:

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

BYD 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.

BYD 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
	=	19440.641	/	95172.078
	=	0.20

BYD Co'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
	=	19440.641	/	95172.078
	=	0.20

BYD Co (OTCPK:BYDDY) 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%.

BYD Co Equity-to-Asset Related Terms

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BYD Co (BYD Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (OTCPK:BYDDY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

BYDDF:USA 01211:Hong Kong 0VSO:UK BY6:Germany 002594:China BY6:Austria

Address

No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118

Website

https://www.byd.com

Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.