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Goldwind Science & Technology Co (SZSE:002202) Equity-to-Asset : 0.27 (As of Mar. 2024)


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What is Goldwind Science & Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Goldwind Science & Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥37,894 Mil. Goldwind Science & Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥142,032 Mil. Therefore, Goldwind Science & Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.27.

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

SZSE:002202' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.31   Max: 0.36
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Goldwind Science & Technology Co was 0.36. The lowest was 0.26. And the median was 0.31.

SZSE:002202's Equity-to-Asset is ranked worse than
89.19% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs SZSE:002202: 0.27

Goldwind Science & Technology Co Equity-to-Asset Historical Data

The historical data trend for Goldwind 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.

Goldwind Science & Technology Co Equity-to-Asset Chart

Goldwind Science & Technology 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 0.30 0.31 0.30 0.28 0.26

Goldwind Science & Technology 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 0.30 0.28 0.26 0.26 0.27

Competitive Comparison of Goldwind Science & Technology Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Goldwind 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.


Goldwind Science & Technology Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goldwind Science & Technology Co's Equity-to-Asset distribution charts can be found below:

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



Goldwind 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.

Goldwind Science & Technology 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
=37609.899/143494.6
=0.26

Goldwind Science & Technology 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
=37893.519/142032.145
=0.27

* 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.


Goldwind Science & Technology Co  (SZSE:002202) 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%.


Goldwind Science & Technology Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Goldwind Science & Technology Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Goldwind Science & Technology Co (SZSE:002202) Business Description

Address
No. 8 Boxing 1st Road, Economic and Technological Development District, Beijing, CHN, 100176
Goldwind Science & Technology Co Ltd manufactures, and markets wind turbines & other solutions. It has four segments. The wind turbine generator manufacturing & sale segment engages in research & development, manufacture & sale of wind turbine generators &bspare parts; the wind power services segment provides wind power construction, post-warranty service & asset management services; the wind farm development segment engages in the development of wind farms, which includes wind power generation service provided by the Group's wind farms & its sales; & the others segment mainly engages in the operation of water treatment plants under the service concession arrangements. The majority is from Wind turbine generator manufacturing & sale. Geographically, the key revenue is from China.

Goldwind Science & Technology Co (SZSE:002202) Headlines

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