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SZZT Electronics Co (SZSE:002197) Equity-to-Asset : 0.36 (As of Mar. 2024)


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What is SZZT Electronics Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SZZT Electronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,495 Mil. SZZT Electronics Co's Total Assets for the quarter that ended in Mar. 2024 was ¥6,904 Mil. Therefore, SZZT Electronics Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

SZSE:002197' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.44   Max: 0.6
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of SZZT Electronics Co was 0.60. The lowest was 0.33. And the median was 0.44.

SZSE:002197's Equity-to-Asset is ranked worse than
80.44% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs SZSE:002197: 0.36

SZZT Electronics Co Equity-to-Asset Historical Data

The historical data trend for SZZT Electronics 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.

SZZT Electronics Co Equity-to-Asset Chart

SZZT Electronics 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 0.40 0.37 0.46 0.42 0.38

SZZT Electronics 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 0.36 0.37 0.37 0.38 0.36

Competitive Comparison of SZZT Electronics Co's Equity-to-Asset

For the Business Equipment & Supplies subindustry, SZZT Electronics 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.


SZZT Electronics Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SZZT Electronics Co's Equity-to-Asset distribution charts can be found below:

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



SZZT Electronics 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.

SZZT Electronics 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
=2491.447/6515.897
=0.38

SZZT Electronics 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
=2494.543/6904.122
=0.36

* 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.


SZZT Electronics Co  (SZSE:002197) 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%.


SZZT Electronics Co Equity-to-Asset Related Terms

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SZZT Electronics Co (SZSE:002197) Business Description

Traded in Other Exchanges
N/A
Address
SZZT Industrial Park, No.3 Tongguan Road, New Guangming District, Shenzhen, Guangdong, CHN
SZZT Electronics Co Ltd is engaged in the development, production, and sale of security payment terminals. The company offers a variety of differentiated financial payment solutions such as the terminal, business software, platform operations and computer hosting. In addition, the company also supplies infrastructure services for internet companies.

SZZT Electronics Co (SZSE:002197) Headlines

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