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CECEP Techand Ecology & Environment Co (SZSE:300197) Equity-to-Asset : 0.17 (As of Mar. 2024)


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What is CECEP Techand Ecology & Environment Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CECEP Techand Ecology & Environment Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥5,073 Mil. CECEP Techand Ecology & Environment Co's Total Assets for the quarter that ended in Mar. 2024 was ¥29,243 Mil. Therefore, CECEP Techand Ecology & Environment Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.17.

The historical rank and industry rank for CECEP Techand Ecology & Environment Co's Equity-to-Asset or its related term are showing as below:

SZSE:300197' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.25   Max: 0.54
Current: 0.17

During the past 13 years, the highest Equity to Asset Ratio of CECEP Techand Ecology & Environment Co was 0.54. The lowest was 0.17. And the median was 0.25.

SZSE:300197's Equity-to-Asset is ranked worse than
88.18% of 1684 companies
in the Construction industry
Industry Median: 0.44 vs SZSE:300197: 0.17

CECEP Techand Ecology & Environment Co Equity-to-Asset Historical Data

The historical data trend for CECEP Techand Ecology & Environment 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.

CECEP Techand Ecology & Environment Co Equity-to-Asset Chart

CECEP Techand Ecology & Environment 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 0.21 0.21 0.24 0.20 0.17

CECEP Techand Ecology & Environment 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 0.20 0.21 0.20 0.17 0.17

Competitive Comparison of CECEP Techand Ecology & Environment Co's Equity-to-Asset

For the Engineering & Construction subindustry, CECEP Techand Ecology & Environment 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.


CECEP Techand Ecology & Environment Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, CECEP Techand Ecology & Environment Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CECEP Techand Ecology & Environment Co's Equity-to-Asset falls into.



CECEP Techand Ecology & Environment 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.

CECEP Techand Ecology & Environment 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
=5292.564/30382.954
=0.17

CECEP Techand Ecology & Environment 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
=5073.026/29242.679
=0.17

* 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.


CECEP Techand Ecology & Environment Co  (SZSE:300197) 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%.


CECEP Techand Ecology & Environment Co Equity-to-Asset Related Terms

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CECEP Techand Ecology & Environment Co (SZSE:300197) Business Description

Traded in Other Exchanges
N/A
Address
No. 2018 Xuegang Road, Bantian Street, Unit 2002, 20th Floor, Block B, Phase 1, Tianan Yungu Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518040
CECEP Techand Ecology & Environment Co Ltd is engaged in the provision of ecological landscape design, eco-environment protection, ecological ecotourism, ecological e-commerce and life & health. The services and solutions are offered in the fields of water ecological restoration, contaminated soil remediation, mining restoration, slope restoration, environmental protection, and energy conservation as well as resource recycling. Further, it is also involved in the design, reconstruction, development, and operation of ecological tourism resources. Geographically the activities are carried out through China.

CECEP Techand Ecology & Environment Co (SZSE:300197) Headlines

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