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Foxconn Industrial Internet Co (SHSE:601138) Equity-to-Asset

: 0.49 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Foxconn Industrial Internet Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥140,187 Mil. Foxconn Industrial Internet Co's Total Assets for the quarter that ended in Dec. 2023 was ¥287,705 Mil. Therefore, Foxconn Industrial Internet Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

SHSE:601138' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.45   Max: 0.57
Current: 0.49

During the past 9 years, the highest Equity to Asset Ratio of Foxconn Industrial Internet Co was 0.57. The lowest was 0.19. And the median was 0.45.

SHSE:601138's Equity-to-Asset is ranked worse than
62.63% of 2483 companies
in the Hardware industry
Industry Median: 0.57 vs SHSE:601138: 0.49

Foxconn Industrial Internet Co Equity-to-Asset Historical Data

The historical data trend for Foxconn Industrial Internet 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.

Foxconn Industrial Internet Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.46 0.45 0.45 0.49

Foxconn Industrial Internet 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 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 Premium Member Only Premium Member Only Premium Member Only 0.45 0.51 0.47 0.49 0.49

Competitive Comparison

For the Communication Equipment subindustry, Foxconn Industrial Internet 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.


Foxconn Industrial Internet Co Equity-to-Asset Distribution

For the Hardware industry and Technology sector, Foxconn Industrial Internet Co's Equity-to-Asset distribution charts can be found below:

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



Foxconn Industrial Internet 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.

Foxconn Industrial Internet 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
=140187.453/287705.301
=0.49

Foxconn Industrial Internet 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
=140187.453/287705.301
=0.49

* 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.


Foxconn Industrial Internet Co  (SHSE:601138) 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%.


Foxconn Industrial Internet Co Equity-to-Asset Related Terms

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Foxconn Industrial Internet Co (SHSE:601138) Business Description

Traded in Other Exchanges
N/A
Address
2 East Ring Road, Longhua Street, 2nd Floor, Building C1, Foxconn Technology Park, Longhua District, Guangdong Province, Shenzhen, CHN, 518109
Foxconn Industrial Internet Co Ltd is engaged in designing and manufacturing of communication network equipment, cloud service equipment, precision tools, and industrial robots. The company's main products cover communication network equipment, cloud service equipment, precision tools and industrial robots. The products are mainly used in smartphones, broadband, and wireless networks, infrastructure construction of multimedia service operators, infrastructure construction of telecom operators, and others.

Foxconn Industrial Internet Co (SHSE:601138) Headlines

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