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Fujian Sbs Zipper Science & Technology Co (SZSE:002098) Equity-to-Asset : 0.60 (As of Sep. 2023)


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What is Fujian Sbs Zipper Science & Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fujian Sbs Zipper Science & Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥1,127 Mil. Fujian Sbs Zipper Science & Technology Co's Total Assets for the quarter that ended in Sep. 2023 was ¥1,882 Mil. Therefore, Fujian Sbs Zipper Science & Technology Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.60.

The historical rank and industry rank for Fujian Sbs Zipper Science & Technology Co's Equity-to-Asset or its related term are showing as below:

SZSE:002098' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.48   Max: 0.77
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Fujian Sbs Zipper Science & Technology Co was 0.77. The lowest was 0.26. And the median was 0.48.

SZSE:002098's Equity-to-Asset is ranked better than
61.36% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs SZSE:002098: 0.60

Fujian Sbs Zipper Science & Technology Co Equity-to-Asset Historical Data

The historical data trend for Fujian Sbs Zipper Science & Technology 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.

Fujian Sbs Zipper Science & Technology Co Equity-to-Asset Chart

Fujian Sbs Zipper Science & Technology 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 0.26 0.30 0.37 0.45 0.56

Fujian Sbs Zipper Science & Technology 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 0.54 0.56 0.58 0.58 0.60

Competitive Comparison of Fujian Sbs Zipper Science & Technology Co's Equity-to-Asset

For the Apparel Manufacturing subindustry, Fujian Sbs Zipper Science & Technology 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.


Fujian Sbs Zipper Science & Technology Co's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fujian Sbs Zipper Science & Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fujian Sbs Zipper Science & Technology Co's Equity-to-Asset falls into.



Fujian Sbs Zipper Science & Technology 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.

Fujian Sbs Zipper Science & Technology 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
=1025.548/1844.781
=0.56

Fujian Sbs Zipper Science & Technology 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
=1127.163/1882.269
=0.60

* 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.


Fujian Sbs Zipper Science & Technology Co  (SZSE:002098) 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%.


Fujian Sbs Zipper Science & Technology Co Equity-to-Asset Related Terms

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Fujian Sbs Zipper Science & Technology Co (SZSE:002098) Business Description

Traded in Other Exchanges
N/A
Address
Wu Lou Gou Dong Industrial Zone, Shenhu, Jinjiang, Fujian, CHN, 362246
Fujian Sbs Zipper Science & Technology Co Ltd is engaged in the research, design, manufacturing, supply chain integration and marketing of reliable and fashionable zippers. It supplies a variety of zipper/button products and accessories, which are mainly composed of the nylon zippers, plastic zippers, metal zippers, sliders and pullers, long chains, snap buttons, prong snap buttons, jeans buttons, rivets, eyelets, along with the precision molds and metal and plastic pressing castings.

Fujian Sbs Zipper Science & Technology Co (SZSE:002098) Headlines

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