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Weimob (HKSE:02013) Equity-to-Asset : 0.34 (As of Dec. 2023)


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What is Weimob Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Weimob's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,953 Mil. Weimob's Total Assets for the quarter that ended in Dec. 2023 was HK$8,606 Mil. Therefore, Weimob's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

HKSE:02013' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.25   Med: 0.18   Max: 0.6
Current: 0.34

During the past 9 years, the highest Equity to Asset Ratio of Weimob was 0.60. The lowest was -2.25. And the median was 0.18.

HKSE:02013's Equity-to-Asset is ranked worse than
72.84% of 2850 companies
in the Software industry
Industry Median: 0.54 vs HKSE:02013: 0.34

Weimob Equity-to-Asset Historical Data

The historical data trend for Weimob'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.

Weimob Equity-to-Asset Chart

Weimob Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.60 0.18 0.43 0.27 0.34

Weimob Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.43 0.36 0.27 0.37 0.34

Competitive Comparison of Weimob's Equity-to-Asset

For the Software - Application subindustry, Weimob'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.


Weimob's Equity-to-Asset Distribution in the Software Industry

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

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



Weimob 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.

Weimob'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
=2953.375/8605.957
=0.34

Weimob's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2953.375/8605.957
=0.34

* 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.


Weimob  (HKSE:02013) 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%.


Weimob Equity-to-Asset Related Terms

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


Weimob (HKSE:02013) Business Description

Traded in Other Exchanges
Address
258 Changjiang Road, Weimob Building, Baoshan District, Shanghai, CHN
Weimob Inc is a provider of cloud business and marketing solutions for small and medium-sized enterprises in China. The company operates in three segments: Subscription solutions, Merchant solutions, and Digital media. It provides SaaS and other software in its Subscription Solutions segment for e-commerce, Retail, catering, hotel, local life, and other industries, enabling merchants to carry out private traffic management. The company helps merchants obtain public domain traffic and support them to achieve digital upgrade with full chain services and operations through its Merchant Solutions segment. Digital Media mainly comprises its advertisement placement services offered to certain merchants.

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