Shenzhen Zesum Technology Co (SZSE:301486) Equity-to-Asset : 0.86 (As of Mar. 2024)

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What is Shenzhen Zesum Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shenzhen Zesum Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,514.2 Mil. Shenzhen Zesum Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,920.0 Mil. Therefore, Shenzhen Zesum Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.86.

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

SZSE:301486' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.7 Max: 0.93
Current: 0.86

During the past 6 years, the highest Equity to Asset Ratio of Shenzhen Zesum Technology Co was 0.93. The lowest was 0.52. And the median was 0.70.

SZSE:301486's Equity-to-Asset is ranked better than
91.36% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs SZSE:301486: 0.86

Shenzhen Zesum Technology Co Equity-to-Asset Historical Data

The historical data trend for Shenzhen Zesum 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.

Shenzhen Zesum Technology Co Equity-to-Asset Chart

Shenzhen Zesum Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.64

0.75

0.73

0.64

0.93

Shenzhen Zesum Technology Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial												0.67	0.67	0.93	0.93	0.86

Competitive Comparison of Shenzhen Zesum Technology Co's Equity-to-Asset

For the Electronic Components subindustry, Shenzhen Zesum 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.

Shenzhen Zesum Technology Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Zesum Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shenzhen Zesum Technology Co's Equity-to-Asset falls into.

Shenzhen Zesum 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.

Shenzhen Zesum 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
	=	2515.332	/	2697.997
	=	0.93

Shenzhen Zesum 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
	=	2514.218	/	2920.046
	=	0.86

Shenzhen Zesum Technology Co (SZSE:301486) 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%.

Shenzhen Zesum Technology Co Equity-to-Asset Related Terms

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

Shenzhen Zesum Technology Co (SZSE:301486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Zesum Technology Co Ltd (SZSE:301486) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Matian Street, Floor 1, Building A, Zhishang Technology Park, Mashantou Community, Guangming District, Guangdong Province, Shenzhen, CHN, 518106

Website

http://www.zesum.com

Shenzhen Zesum Technology Co Ltd focuses on the research and development and manufacturing of precision electronic parts, and is committed to the research and development, design, production and sales of gaming machines, VR/AR equipment, professional audio based consumer electronics, communication electronics and automotive electronics and other parts. The company's main products include game parts, electronic connectors, optical fiber connectors, precision structural parts and metal milling tools, electronic automization equipment and others covering various consumer electronics, communication electronics and automotive electronics and other fields.

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