GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hunan Junxin Environmental Protection Co Ltd (SZSE:301109) » Definitions » Equity-to-Asset

Hunan Junxin Environmental Protection Co (SZSE:301109) Equity-to-Asset : 0.54 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Hunan Junxin Environmental Protection Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hunan Junxin Environmental Protection Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥5,271 Mil. Hunan Junxin Environmental Protection Co's Total Assets for the quarter that ended in Mar. 2024 was ¥9,809 Mil. Therefore, Hunan Junxin Environmental Protection Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.54.

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

SZSE:301109' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.33   Max: 0.54
Current: 0.54

During the past 7 years, the highest Equity to Asset Ratio of Hunan Junxin Environmental Protection Co was 0.54. The lowest was 0.23. And the median was 0.33.

SZSE:301109's Equity-to-Asset is ranked better than
65.85% of 246 companies
in the Waste Management industry
Industry Median: 0.43 vs SZSE:301109: 0.54

Hunan Junxin Environmental Protection Co Equity-to-Asset Historical Data

The historical data trend for Hunan Junxin Environmental Protection 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.

Hunan Junxin Environmental Protection Co Equity-to-Asset Chart

Hunan Junxin Environmental Protection Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.32 0.30 0.32 0.51 0.53

Hunan Junxin Environmental Protection Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 0.52 0.52 0.53 0.53 0.54

Competitive Comparison of Hunan Junxin Environmental Protection Co's Equity-to-Asset

For the Waste Management subindustry, Hunan Junxin Environmental Protection 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.


Hunan Junxin Environmental Protection Co's Equity-to-Asset Distribution in the Waste Management Industry

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

* The bar in red indicates where Hunan Junxin Environmental Protection Co's Equity-to-Asset falls into.



Hunan Junxin Environmental Protection 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.

Hunan Junxin Environmental Protection 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
=5145.509/9654.441
=0.53

Hunan Junxin Environmental Protection 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
=5270.704/9809.423
=0.54

* 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.


Hunan Junxin Environmental Protection Co  (SZSE:301109) 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%.


Hunan Junxin Environmental Protection Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hunan Junxin Environmental Protection Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Hunan Junxin Environmental Protection Co (SZSE:301109) Business Description

Traded in Other Exchanges
N/A
Address
Office Building, Hunan Junxin Environmental Protection, Qiaoyi Town, Wangcheng District, Hunan Province, Changsha, CHN, 410200
Hunan Juxin Enviromental Protection Co Ltd is a professional environmental protection enterprise engaged in the treatment of domestic waste, landfill leachate, municipal sludge, fly ash and other urban solid waste, integrating investment and construction, technology research and development, and operation and management.

Hunan Junxin Environmental Protection Co (SZSE:301109) Headlines

No Headlines