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Geovis Technology Co (SHSE:688568) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Geovis Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Geovis Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,516 Mil. Geovis Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,933 Mil. Therefore, Geovis Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

SHSE:688568' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.61   Max: 0.79
Current: 0.59

During the past 8 years, the highest Equity to Asset Ratio of Geovis Technology Co was 0.79. The lowest was 0.15. And the median was 0.61.

SHSE:688568's Equity-to-Asset is ranked better than
56.7% of 2852 companies
in the Software industry
Industry Median: 0.55 vs SHSE:688568: 0.59

Geovis Technology Co Equity-to-Asset Historical Data

The historical data trend for Geovis Technology Co'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.

Geovis Technology Co Equity-to-Asset Chart

Geovis Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.47 0.73 0.61 0.69 0.59

Geovis Technology Co 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 0.70 0.65 0.61 0.59 0.59

Competitive Comparison of Geovis Technology Co's Equity-to-Asset

For the Software - Application subindustry, Geovis Technology Co'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.


Geovis Technology Co's Equity-to-Asset Distribution in the Software Industry

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

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



Geovis Technology Co 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.

Geovis Technology Co'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
=3564.223/6029.257
=0.59

Geovis Technology Co'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
=3516.487/5933.289
=0.59

* 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.


Geovis Technology Co  (SHSE:688568) 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%.


Geovis Technology Co Equity-to-Asset Related Terms

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Geovis Technology Co (SHSE:688568) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Airport East Road, Linkong Economic Core District, No. 1, 5 and 7 of No. 1A-4 Industrial Park, Shunyi District, Beijing, CHN, 101399
Geovis Technology Co Ltd is engaged in provision of digital earth products and technology development services. The technology of remote sensing, geographic information system, satellite positioning and navigation, virtual reality, and other independent research and development of the company digital earth products have a position in the domestic digital earth industry. The company provides software sales and data services, technology development services, digital earth integrated machines and system integration with GEOVIS digital earth products as the core for users in the government, enterprises and special fields.

Geovis Technology Co (SHSE:688568) Headlines

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