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Shanghai Turbo Enterprises (SGX:AWM) Equity-to-Asset : 0.07 (As of Mar. 2025)


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What is Shanghai Turbo Enterprises Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shanghai Turbo Enterprises's Total Stockholders Equity for the quarter that ended in Mar. 2025 was S$1.32 Mil. Shanghai Turbo Enterprises's Total Assets for the quarter that ended in Mar. 2025 was S$18.46 Mil. Therefore, Shanghai Turbo Enterprises's Equity to Asset Ratio for the quarter that ended in Mar. 2025 was 0.07.

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

SGX:AWM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.74   Max: 0.91
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Shanghai Turbo Enterprises was 0.91. The lowest was 0.07. And the median was 0.74.

SGX:AWM's Equity-to-Asset is ranked worse than
96.08% of 3033 companies
in the Industrial Products industry
Industry Median: 0.57 vs SGX:AWM: 0.07

Shanghai Turbo Enterprises Equity-to-Asset Historical Data

The historical data trend for Shanghai Turbo Enterprises'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.

Shanghai Turbo Enterprises Equity-to-Asset Chart

Shanghai Turbo Enterprises Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.34 0.23 - 0.10

Shanghai Turbo Enterprises Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.15 0.13 0.11 0.10 0.07

Competitive Comparison of Shanghai Turbo Enterprises's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Shanghai Turbo Enterprises'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.


Shanghai Turbo Enterprises's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Turbo Enterprises's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Turbo Enterprises's Equity-to-Asset falls into.


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Shanghai Turbo Enterprises 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.

Shanghai Turbo Enterprises's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=1.744/17.657
=0.10

Shanghai Turbo Enterprises's Equity to Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

Equity to Asset (Q: Mar. 2025 )=Total Stockholders Equity/Total Assets
=1.315/18.463
=0.07

* 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.


Shanghai Turbo Enterprises  (SGX:AWM) 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%.


Shanghai Turbo Enterprises Equity-to-Asset Related Terms

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Shanghai Turbo Enterprises Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Yinghua Road, Zhonglou Economic Development Zone, Jiangsu Province, Changzhou, CHN, 213016
Shanghai Turbo Enterprises Ltd is a precision engineering group that specializes in the production of precision vane products, namely stationary vanes, moving vanes and nozzles. These vanes are the key components of steam turbine generators used for power generation in power plants, power stations and substations. There are also essential components mounted onto steam turbine generators to maximize the efficiency of steam flow in the generation of electricity.

Shanghai Turbo Enterprises Headlines

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