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Bohai Leasing Co (SZSE:000415) Equity-to-Asset : 0.12 (As of Mar. 2024)


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What is Bohai Leasing Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bohai Leasing Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥30,375 Mil. Bohai Leasing Co's Total Assets for the quarter that ended in Mar. 2024 was ¥261,569 Mil. Therefore, Bohai Leasing Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.12.

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

SZSE:000415' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.12   Max: 0.21
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of Bohai Leasing Co was 0.21. The lowest was 0.10. And the median was 0.12.

SZSE:000415's Equity-to-Asset is ranked worse than
89.82% of 1090 companies
in the Business Services industry
Industry Median: 0.49 vs SZSE:000415: 0.12

Bohai Leasing Co Equity-to-Asset Historical Data

The historical data trend for Bohai Leasing 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.

Bohai Leasing Co Equity-to-Asset Chart

Bohai Leasing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.11 0.10 0.11 0.11

Bohai Leasing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.11 0.11 0.12 0.11 0.12

Competitive Comparison of Bohai Leasing Co's Equity-to-Asset

For the Rental & Leasing Services subindustry, Bohai Leasing 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.


Bohai Leasing Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Bohai Leasing Co's Equity-to-Asset distribution charts can be found below:

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



Bohai Leasing 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.

Bohai Leasing 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
=29602.168/261544.86
=0.11

Bohai Leasing Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=30374.971/261569.407
=0.12

* 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.


Bohai Leasing Co  (SZSE:000415) 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%.


Bohai Leasing Co Equity-to-Asset Related Terms

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Bohai Leasing Co (SZSE:000415) Business Description

Traded in Other Exchanges
N/A
Address
No. 93, Huanghe Road, Shayibake District, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000
Bohai Leasing Co Ltd is engaged in the container leasing, infrastructure and real estate leasing, aircraft leasing, ship leasing, offshore equipment, high-end equipment rental, and new energy vehicles in China. It owns domestic and overseas leasing companies. It is involved in transportation finance services, innovating financial products and services, and promoting the development of transportation, aviation, shipping, and ground transportation industries.

Bohai Leasing Co (SZSE:000415) Headlines

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