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China CSSC Holdings (SHSE:600150) Equity-to-Asset : 0.27 (As of Mar. 2024)


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What is China CSSC Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China CSSC Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥48,538 Mil. China CSSC Holdings's Total Assets for the quarter that ended in Mar. 2024 was ¥176,975 Mil. Therefore, China CSSC Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.27.

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

SHSE:600150' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.3   Max: 0.35
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of China CSSC Holdings was 0.35. The lowest was 0.22. And the median was 0.30.

SHSE:600150's Equity-to-Asset is ranked worse than
73.8% of 313 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs SHSE:600150: 0.27

China CSSC Holdings Equity-to-Asset Historical Data

The historical data trend for China CSSC Holdings'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.

China CSSC Holdings Equity-to-Asset Chart

China CSSC Holdings 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 0.22 0.30 0.29 0.28 0.27

China CSSC Holdings 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 0.28 0.27 0.26 0.27 0.27

Competitive Comparison of China CSSC Holdings's Equity-to-Asset

For the Aerospace & Defense subindustry, China CSSC Holdings'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.


China CSSC Holdings's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China CSSC Holdings's Equity-to-Asset distribution charts can be found below:

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



China CSSC Holdings 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.

China CSSC Holdings'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
=48348.592/177832.169
=0.27

China CSSC Holdings'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
=48538.081/176974.572
=0.27

* 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.


China CSSC Holdings  (SHSE:600150) 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%.


China CSSC Holdings Equity-to-Asset Related Terms

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China CSSC Holdings (SHSE:600150) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Pudong Avenue, Pudong New Area, 15A, China Shipbuilding Building, Shanghai, CHN, 200120
China CSSC Holdings Ltd is a China-based company engaged in the business activities of shipbuilding and ship repair. Its main products are a Capesize bulk carrier, Floating production storage and offloading, Aframax tanker and others. In addition, the company is also involved in the business activities of the core package, ocean engineering and other.

China CSSC Holdings (SHSE:600150) Headlines

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