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Shenzhen SDG Service Co (SZSE:300917) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Shenzhen SDG Service Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shenzhen SDG Service Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,064 Mil. Shenzhen SDG Service Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,805 Mil. Therefore, Shenzhen SDG Service Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

SZSE:300917' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.61   Max: 0.73
Current: 0.59

During the past 8 years, the highest Equity to Asset Ratio of Shenzhen SDG Service Co was 0.73. The lowest was 0.37. And the median was 0.61.

SZSE:300917's Equity-to-Asset is ranked better than
71.13% of 1829 companies
in the Real Estate industry
Industry Median: 0.44 vs SZSE:300917: 0.59

Shenzhen SDG Service Co Equity-to-Asset Historical Data

The historical data trend for Shenzhen SDG Service 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.

Shenzhen SDG Service Co Equity-to-Asset Chart

Shenzhen SDG Service Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.53 0.70 0.63 0.61 0.57

Shenzhen SDG Service 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 0.62 0.61 0.55 0.57 0.59

Competitive Comparison of Shenzhen SDG Service Co's Equity-to-Asset

For the Real Estate Services subindustry, Shenzhen SDG Service 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.


Shenzhen SDG Service Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen SDG Service Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shenzhen SDG Service Co's Equity-to-Asset falls into.



Shenzhen SDG Service 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.

Shenzhen SDG Service 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
=1029.544/1793.18
=0.57

Shenzhen SDG Service 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
=1063.699/1805.005
=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.


Shenzhen SDG Service Co  (SZSE:300917) 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%.


Shenzhen SDG Service Co Equity-to-Asset Related Terms

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Shenzhen SDG Service Co (SZSE:300917) Business Description

Traded in Other Exchanges
N/A
Address
1010 Qiaoxiang Road, Xiangmihu Street, 5th Floor, Tefa Cultural and Creative Plaza, Futian District, Shenzhen, CHN, 518029
Shenzhen SDG Service Co Ltd is focused on providing facility management services. The company's services include comprehensive facility management, space management, safety assurance, environmental management, high-end reception, conference services and others. The projects managed include high-tech parks, commercial complexes, government agencies, schools, residential buildings and other types.

Shenzhen SDG Service Co (SZSE:300917) Headlines

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