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Beijing UBOX Online Technology (HKSE:02429) Equity-to-Asset : 0.63 (As of Dec. 2023)


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What is Beijing UBOX Online Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beijing UBOX Online Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,037 Mil. Beijing UBOX Online Technology's Total Assets for the quarter that ended in Dec. 2023 was HK$1,655 Mil. Therefore, Beijing UBOX Online Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.

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

HKSE:02429' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.65   Max: 0.72
Current: 0.63

During the past 5 years, the highest Equity to Asset Ratio of Beijing UBOX Online Technology was 0.72. The lowest was 0.63. And the median was 0.65.

HKSE:02429's Equity-to-Asset is ranked better than
62.96% of 3029 companies
in the Industrial Products industry
Industry Median: 0.56 vs HKSE:02429: 0.63

Beijing UBOX Online Technology Equity-to-Asset Historical Data

The historical data trend for Beijing UBOX Online Technology'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 UBOX Online Technology Equity-to-Asset Chart

Beijing UBOX Online Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.72 0.66 0.65 0.65 0.63

Beijing UBOX Online Technology Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.65 - 0.65 0.57 0.63

Competitive Comparison of Beijing UBOX Online Technology's Equity-to-Asset

For the Business Equipment & Supplies subindustry, Beijing UBOX Online Technology'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 UBOX Online Technology's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing UBOX Online Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing UBOX Online Technology's Equity-to-Asset falls into.


Beijing UBOX Online Technology 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 UBOX Online Technology'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
=1037.134/1654.513
=0.63

Beijing UBOX Online Technology'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
=1037.134/1654.513
=0.63

* 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 UBOX Online Technology  (HKSE:02429) 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 UBOX Online Technology Equity-to-Asset Related Terms

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

Beijing UBOX Online Technology (HKSE:02429) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing UBOX Online Technology Corp (HKSE:02429) » Definitions » Equity-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
West Second Shenyun Road, 4th Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan, Shenzhen, CHN
Website
https://www.uboxol.com
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has rapidly established an extensive point-of-sale, or POS, network covering a wide range of consumption scenarios, including schools, factories, office premises, public venues, transportation hubs and restaurants. Through its expansive POS network, it is able to provide services to a variety of participants along the unmanned retail industry value chain. The company operates in five business segments; Unmanned retail business, Advertising and system support services, Merchandise wholesale, Vending machine sales and leases, and Others.

Beijing UBOX Online Technology (HKSE:02429) Headlines

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