GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Appotronics Corp Ltd (SHSE:688007) » Definitions » Equity-to-Asset

Appotronics (SHSE:688007) Equity-to-Asset : 0.68 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Appotronics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Appotronics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,826 Mil. Appotronics's Total Assets for the quarter that ended in Mar. 2024 was ¥4,168 Mil. Therefore, Appotronics's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.68.

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

SHSE:688007' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.62   Max: 0.68
Current: 0.68

During the past 8 years, the highest Equity to Asset Ratio of Appotronics was 0.68. The lowest was 0.07. And the median was 0.62.

SHSE:688007's Equity-to-Asset is ranked better than
68.48% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs SHSE:688007: 0.68

Appotronics Equity-to-Asset Historical Data

The historical data trend for Appotronics'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.

Appotronics Equity-to-Asset Chart

Appotronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.64 0.64 0.60 0.61 0.67

Appotronics 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 0.61 0.63 0.66 0.67 0.68

Competitive Comparison of Appotronics's Equity-to-Asset

For the Consumer Electronics subindustry, Appotronics'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.


Appotronics's Equity-to-Asset Distribution in the Hardware Industry

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

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



Appotronics 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.

Appotronics'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
=2818.869/4220.571
=0.67

Appotronics'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
=2826.26/4167.617
=0.68

* 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.


Appotronics  (SHSE:688007) 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%.


Appotronics Equity-to-Asset Related Terms

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


Appotronics (SHSE:688007) Business Description

Traded in Other Exchanges
N/A
Address
No. 63 Xuefu Road, Yuehai Street, 20-22 Floor, Hi-Tech Zone, Union Tower, Nanshan District, Guangdong Province, Shenzhen, CHN, 518052
Appotronics Corp Ltd is a China based company involved in the research and innovation of laser display technology and products. The company offers various laser display products namely Digital cinema projector, Venue projector, Education projector, Ultra mobile projector, and others. Geographically, it derives a majority of revenue from China.
Executives
Wang Lin Core technical personnel
Yu Xin Core technical personnel
Hu Fei Core technical personnel
Guo Zu Qiang Core technical personnel
Wang Ze Qin Core technical personnel
Chen Ya Sha senior management
Wang Ying Xia Directors, senior managers
Wu Xi Liang Director
Bao Lian Ming Directors, senior managers
Li Lu senior management
Zhao Rui Jin senior management
Wu Bin senior management
Yan Li senior management

Appotronics (SHSE:688007) Headlines

No Headlines