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Huaneng Lancang River Hydropower (SHSE:600025) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Huaneng Lancang River Hydropower Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huaneng Lancang River Hydropower's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥68,321 Mil. Huaneng Lancang River Hydropower's Total Assets for the quarter that ended in Mar. 2024 was ¥196,681 Mil. Therefore, Huaneng Lancang River Hydropower's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

SHSE:600025' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.26   Max: 0.42
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Huaneng Lancang River Hydropower was 0.42. The lowest was 0.19. And the median was 0.26.

SHSE:600025's Equity-to-Asset is ranked worse than
57.5% of 440 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs SHSE:600025: 0.35

Huaneng Lancang River Hydropower Equity-to-Asset Historical Data

The historical data trend for Huaneng Lancang River Hydropower'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.

Huaneng Lancang River Hydropower Equity-to-Asset Chart

Huaneng Lancang River Hydropower 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 0.33 0.37 0.40 0.40 0.35

Huaneng Lancang River Hydropower 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 0.42 0.40 0.34 0.35 0.35

Competitive Comparison of Huaneng Lancang River Hydropower's Equity-to-Asset

For the Utilities - Renewable subindustry, Huaneng Lancang River Hydropower'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.


Huaneng Lancang River Hydropower's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Lancang River Hydropower's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Huaneng Lancang River Hydropower's Equity-to-Asset falls into.



Huaneng Lancang River Hydropower 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.

Huaneng Lancang River Hydropower'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
=67329.06/195239.265
=0.34

Huaneng Lancang River Hydropower'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
=68320.882/196681.285
=0.35

* 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.


Huaneng Lancang River Hydropower  (SHSE:600025) 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%.


Huaneng Lancang River Hydropower Equity-to-Asset Related Terms

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Huaneng Lancang River Hydropower (SHSE:600025) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Century City Middle Road, Guandu District, Kunming, CHN, 650214
Huaneng Lancang River Hydropower Inc is engaged in the development and operation of Lancang River and the surrounding areas of hydropower resources. The company is also engaged in the exploration of solar photovoltaic, wind power, shale gas and other new energy construction.

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