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Changjiang Securities Company (SZSE:000783) Equity-to-Asset : 0.24 (As of Mar. 2024)


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What is Changjiang Securities Company Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Changjiang Securities Company's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥37,442 Mil. Changjiang Securities Company's Total Assets for the quarter that ended in Mar. 2024 was ¥153,489 Mil. Therefore, Changjiang Securities Company's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.24.

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

SZSE:000783' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.22   Max: 0.34
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of Changjiang Securities Company was 0.34. The lowest was 0.12. And the median was 0.22.

SZSE:000783's Equity-to-Asset is ranked worse than
70.61% of 803 companies
in the Capital Markets industry
Industry Median: 0.5 vs SZSE:000783: 0.24

Changjiang Securities Company Equity-to-Asset Historical Data

The historical data trend for Changjiang Securities Company'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.

Changjiang Securities Company Equity-to-Asset Chart

Changjiang Securities Company 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 0.26 0.22 0.19 0.19 0.20

Changjiang Securities Company 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 0.20 0.20 0.21 0.20 0.24

Competitive Comparison of Changjiang Securities Company's Equity-to-Asset

For the Capital Markets subindustry, Changjiang Securities Company'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.


Changjiang Securities Company's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Changjiang Securities Company's Equity-to-Asset distribution charts can be found below:

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



Changjiang Securities Company 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.

Changjiang Securities Company'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
=34662.081/170729.438
=0.20

Changjiang Securities Company'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
=37442.322/153489.141
=0.24

* 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.


Changjiang Securities Company  (SZSE:000783) 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%.


Changjiang Securities Company Equity-to-Asset Related Terms

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Changjiang Securities Company (SZSE:000783) Business Description

Traded in Other Exchanges
N/A
Address
No. Te 8 Xinhua Road, Jianghan District, Wuhan, Hubei, CHN, 430015
Changjiang Securities Company Ltd is a financial service company. The company engages in securities brokerage, investment banking, asset management, fixed-income business, fund management, and futures and direct investment. Geographically the company operates in China.
Executives
Shen Xiao Lin Supervisors
Cui Shao Hua Director
Hu Si Yong Supervisors
Gao Pei Yong Independent director
Song Qiu Ming Supervisors
Liu Xiao Xin Executives

Changjiang Securities Company (SZSE:000783) Headlines

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