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Beijing Paratera Tech (BJSE:839493) Equity-to-Asset : 0.31 (As of Mar. 2024)


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What is Beijing Paratera Tech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beijing Paratera Tech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥341.5 Mil. Beijing Paratera Tech's Total Assets for the quarter that ended in Mar. 2024 was ¥1,103.8 Mil. Therefore, Beijing Paratera Tech's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.31.

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

BJSE:839493' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.26   Max: 0.92
Current: 0.31

During the past 10 years, the highest Equity to Asset Ratio of Beijing Paratera Tech was 0.92. The lowest was 0.02. And the median was 0.26.

BJSE:839493's Equity-to-Asset is ranked worse than
75.69% of 2851 companies
in the Software industry
Industry Median: 0.55 vs BJSE:839493: 0.31

Beijing Paratera Tech Equity-to-Asset Historical Data

The historical data trend for Beijing Paratera Tech'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 Paratera Tech Equity-to-Asset Chart

Beijing Paratera Tech 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 0.11 0.11 0.31 0.16 0.30

Beijing Paratera Tech Quarterly Data
Dec18 Jun19 Sep19 Dec19 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 0.16 0.11 0.10 0.30 0.31

Competitive Comparison of Beijing Paratera Tech's Equity-to-Asset

For the Software - Infrastructure subindustry, Beijing Paratera Tech'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 Paratera Tech's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Paratera Tech's Equity-to-Asset distribution charts can be found below:

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



Beijing Paratera Tech 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 Paratera Tech'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
=336.549/1134.544
=0.30

Beijing Paratera Tech'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
=341.456/1103.804
=0.31

* 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 Paratera Tech  (BJSE:839493) 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 Paratera Tech Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Beijing Paratera Tech's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Paratera Tech (BJSE:839493) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 10 Xibeiwang East Road, Room 101-301, Building 21,3rd Floor, Haidian, Beijing, CHN, 100094
Beijing Paratera Tech Corp Ltd is a leading domestic supercomputing cloud service and operation service provider, providing supercomputing cloud, industry cloud, intelligence Computing cloud, design simulation cloud and computing resource construction and operation services. As China's national grid service company, a domestic high-tech enterprise, and a dual-software enterprise, Parallel Technology aggregates the computing resources of major supercomputing centers across the country, targeting enterprises and institutions and scientific research institutions in energy, manufacturing, meteorology, scientific research and education, telecommunications, finance, animation, etc. The institute provides supercomputing cloud services.

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