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Anhui Zhonghuan Environmental Protection Technology Co (SZSE:300692) Equity-to-Asset : 0.32 (As of Mar. 2024)


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What is Anhui Zhonghuan Environmental Protection Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Anhui Zhonghuan Environmental Protection Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,248.9 Mil. Anhui Zhonghuan Environmental Protection Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥7,019.6 Mil. Therefore, Anhui Zhonghuan Environmental Protection Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.32.

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

SZSE:300692' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.37   Max: 0.67
Current: 0.32

During the past 11 years, the highest Equity to Asset Ratio of Anhui Zhonghuan Environmental Protection Technology Co was 0.67. The lowest was 0.26. And the median was 0.37.

SZSE:300692's Equity-to-Asset is ranked worse than
74.29% of 245 companies
in the Waste Management industry
Industry Median: 0.44 vs SZSE:300692: 0.32

Anhui Zhonghuan Environmental Protection Technology Co Equity-to-Asset Historical Data

The historical data trend for Anhui Zhonghuan Environmental Protection 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.

Anhui Zhonghuan Environmental Protection Technology Co Equity-to-Asset Chart

Anhui Zhonghuan Environmental Protection Technology 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 0.35 0.48 0.37 0.34 0.34

Anhui Zhonghuan Environmental Protection 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 0.35 0.35 0.34 0.34 0.32

Competitive Comparison of Anhui Zhonghuan Environmental Protection Technology Co's Equity-to-Asset

For the Waste Management subindustry, Anhui Zhonghuan Environmental Protection 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.


Anhui Zhonghuan Environmental Protection Technology Co's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Anhui Zhonghuan Environmental Protection Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Anhui Zhonghuan Environmental Protection Technology Co's Equity-to-Asset falls into.



Anhui Zhonghuan Environmental Protection 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.

Anhui Zhonghuan Environmental Protection 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
=2250.658/6633.628
=0.34

Anhui Zhonghuan Environmental Protection 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
=2248.862/7019.633
=0.32

* 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.


Anhui Zhonghuan Environmental Protection Technology Co  (SZSE:300692) 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%.


Anhui Zhonghuan Environmental Protection Technology Co Equity-to-Asset Related Terms

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Anhui Zhonghuan Environmental Protection Technology Co (SZSE:300692) Business Description

Traded in Other Exchanges
N/A
Address
Fuyang North Road, Zhongzheng International Plaza, No. 948, Room 1608, Building 1, Anhui Province, Hefei, CHN, 230051
Anhui Zhonghuan Environmental Protection Technology Co Ltd is an integrated service provider for urban sewage treatment and industrial wastewater treatment. The company provide system-wide services including research and development, design consultation, engineering construction, investment and operation including technical processes and products related to sewage treatment. The company's sewage treatment business is divided into urban sewage treatment business and industrial wastewater treatment business.

Anhui Zhonghuan Environmental Protection Technology Co (SZSE:300692) Headlines

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