GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Sports Industry Group Co Ltd (SHSE:600158) » Definitions » Equity-to-Asset

China Sports Industry Group Co (SHSE:600158) Equity-to-Asset : 0.34 (As of Sep. 2023)


View and export this data going back to 1998. Start your Free Trial

What is China Sports Industry Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Sports Industry Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥2,486 Mil. China Sports Industry Group Co's Total Assets for the quarter that ended in Sep. 2023 was ¥7,382 Mil. Therefore, China Sports Industry Group Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.34.

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

SHSE:600158' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.41   Max: 0.47
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of China Sports Industry Group Co was 0.47. The lowest was 0.34. And the median was 0.41.

SHSE:600158's Equity-to-Asset is ranked worse than
64.85% of 1838 companies
in the Real Estate industry
Industry Median: 0.44 vs SHSE:600158: 0.34

China Sports Industry Group Co Equity-to-Asset Historical Data

The historical data trend for China Sports Industry Group 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.

China Sports Industry Group Co Equity-to-Asset Chart

China Sports Industry Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.44 0.47 0.46 0.35

China Sports Industry Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.35 0.35 0.35 0.34 0.34

Competitive Comparison of China Sports Industry Group Co's Equity-to-Asset

For the Real Estate Services subindustry, China Sports Industry Group 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.


China Sports Industry Group Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Sports Industry Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Sports Industry Group Co's Equity-to-Asset falls into.



China Sports Industry Group 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.

China Sports Industry Group Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=2530.427/7225.245
=0.35

China Sports Industry Group Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=2486.245/7381.741
=0.34

* 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 Sports Industry Group Co  (SHSE:600158) 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 Sports Industry Group Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of China Sports Industry Group Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


China Sports Industry Group Co (SHSE:600158) Business Description

Traded in Other Exchanges
N/A
Address
Number 225 Chaowai Street, Chaoyang District, Beijing, CHN, 100020
China Sports Industry Group Co Ltd is a China-based company engaged in the sports-related businesses. Its main businesses include the management and operations of sports events, the design, consulting, construction and management of sports venues, the production of sports content, the provision of sports-related intermediary services, sports lotteries and sports real estates, among others. The company mainly operates its businesses in domestic and overseas markets.

China Sports Industry Group Co (SHSE:600158) Headlines

No Headlines