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Beijing Dahao Technology (SHSE:603025) Equity-to-Asset : 0.59 (As of Sep. 2023)


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What is Beijing Dahao Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beijing Dahao Technology's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥2,210 Mil. Beijing Dahao Technology's Total Assets for the quarter that ended in Sep. 2023 was ¥3,742 Mil. Therefore, Beijing Dahao Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.59.

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

SHSE:603025' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.89   Max: 0.93
Current: 0.59

During the past 12 years, the highest Equity to Asset Ratio of Beijing Dahao Technology was 0.93. The lowest was 0.59. And the median was 0.89.

SHSE:603025's Equity-to-Asset is ranked better than
56.21% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs SHSE:603025: 0.59

Beijing Dahao Technology Equity-to-Asset Historical Data

The historical data trend for Beijing Dahao Technology'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.

Beijing Dahao Technology Equity-to-Asset Chart

Beijing Dahao Technology 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 0.92 0.86 0.87 0.85 0.65

Beijing Dahao Technology 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 0.63 0.65 0.66 0.62 0.59

Competitive Comparison of Beijing Dahao Technology's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Beijing Dahao Technology'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.


Beijing Dahao Technology's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Dahao Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing Dahao Technology's Equity-to-Asset falls into.



Beijing Dahao Technology 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.

Beijing Dahao Technology'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
=2037.848/3126.527
=0.65

Beijing Dahao Technology'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
=2210.249/3741.884
=0.59

* 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.


Beijing Dahao Technology  (SHSE:603025) 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%.


Beijing Dahao Technology Equity-to-Asset Related Terms

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Beijing Dahao Technology (SHSE:603025) Business Description

Traded in Other Exchanges
N/A
Address
M7 Building, No.1 Jiu Xian Qiao East Road, Chaoyang District, Beijing, CHN, 100015
Beijing Dahao Technology Corp Ltd is a China-based company engages in the research, production, and sale of various computerized control systems for sewing and knitting machines. Its products are mainly used in embroidery machines, sewing machine control systems, and flat-knitting machine control systems. The company mainly operates its business in East China, South China, Central China and North China.

Beijing Dahao Technology (SHSE:603025) Headlines

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