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Kunming Yunnei Power Co (SZSE:000903) Equity-to-Asset : 0.23 (As of Mar. 2024)


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What is Kunming Yunnei Power Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kunming Yunnei Power Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,951 Mil. Kunming Yunnei Power Co's Total Assets for the quarter that ended in Mar. 2024 was ¥12,677 Mil. Therefore, Kunming Yunnei Power Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.23.

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

SZSE:000903' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.45   Max: 0.55
Current: 0.23

During the past 13 years, the highest Equity to Asset Ratio of Kunming Yunnei Power Co was 0.55. The lowest was 0.23. And the median was 0.45.

SZSE:000903's Equity-to-Asset is ranked worse than
85.8% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SZSE:000903: 0.23

Kunming Yunnei Power Co Equity-to-Asset Historical Data

The historical data trend for Kunming Yunnei Power 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.

Kunming Yunnei Power Co Equity-to-Asset Chart

Kunming Yunnei Power Co 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 0.45 0.37 0.38 0.32 0.23

Kunming Yunnei Power 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 0.30 0.30 0.29 0.23 0.23

Competitive Comparison of Kunming Yunnei Power Co's Equity-to-Asset

For the Auto Manufacturers subindustry, Kunming Yunnei Power 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.


Kunming Yunnei Power Co's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kunming Yunnei Power Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kunming Yunnei Power Co's Equity-to-Asset falls into.



Kunming Yunnei Power 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.

Kunming Yunnei Power 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
=2953.581/12860.721
=0.23

Kunming Yunnei Power 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
=2950.985/12676.932
=0.23

* 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.


Kunming Yunnei Power Co  (SZSE:000903) 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%.


Kunming Yunnei Power Co Equity-to-Asset Related Terms

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Kunming Yunnei Power Co (SZSE:000903) Business Description

Traded in Other Exchanges
N/A
Address
No.66, Jingjing Road, Kunming Economic and Technological Development Zone, Yunnan Province, Kunming, CHN, 650200
Kunming Yunnei Power Co Ltd is engaged in developing and manufacturing diesel engine. It offers engines for commercial vehicle, passenger cars and for off-road machines. Further, it is also involved in two major businesses of engine industrial chain and energy-saving new material industry in which it offers a product such as two powertrain assembly, two core technologies, energy-saving materials, new energy automobiles, agricultural machinery and others. Geographically the activities are carried out through China.

Kunming Yunnei Power Co (SZSE:000903) Headlines

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