Guangdong Feinan Resources Recycling Co (SZSE:301500) Equity-to-Asset : 0.39 (As of Mar. 2024)

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What is Guangdong Feinan Resources Recycling Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Guangdong Feinan Resources Recycling Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,309 Mil. Guangdong Feinan Resources Recycling Co's Total Assets for the quarter that ended in Mar. 2024 was ¥11,167 Mil. Therefore, Guangdong Feinan Resources Recycling Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.

The historical rank and industry rank for Guangdong Feinan Resources Recycling Co's Equity-to-Asset or its related term are showing as below:

SZSE:301500' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.53 Max: 0.8
Current: 0.39

During the past 7 years, the highest Equity to Asset Ratio of Guangdong Feinan Resources Recycling Co was 0.80. The lowest was 0.39. And the median was 0.53.

SZSE:301500's Equity-to-Asset is ranked worse than
57.72% of 246 companies
in the Waste Management industry
Industry Median: 0.43 vs SZSE:301500: 0.39

Guangdong Feinan Resources Recycling Co Equity-to-Asset Historical Data

The historical data trend for Guangdong Feinan Resources Recycling 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.

Guangdong Feinan Resources Recycling Co Equity-to-Asset Chart

Guangdong Feinan Resources Recycling Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.80

0.69

0.55

0.44

0.41

Guangdong Feinan Resources Recycling Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial											0.42	0.39	0.41	0.41	0.39

Competitive Comparison of Guangdong Feinan Resources Recycling Co's Equity-to-Asset

For the Waste Management subindustry, Guangdong Feinan Resources Recycling 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.

Guangdong Feinan Resources Recycling Co's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Guangdong Feinan Resources Recycling Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Guangdong Feinan Resources Recycling Co's Equity-to-Asset falls into.

Guangdong Feinan Resources Recycling 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.

Guangdong Feinan Resources Recycling 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
	=	4381.598	/	10605.513
	=	0.41

Guangdong Feinan Resources Recycling 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
	=	4308.854	/	11166.532
	=	0.39

Guangdong Feinan Resources Recycling Co (SZSE:301500) 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%.

Guangdong Feinan Resources Recycling Co Equity-to-Asset Related Terms

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Guangdong Feinan Resources Recycling Co (SZSE:301500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Guangdong Feinan Resources Recycling Co Ltd (SZSE:301500) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3-6, Dachong Section, Guihe Road, Lishui Town, Nanhai, Guangdong, Foshan, CHN, 526233

Website

https://www.feinanresources.com

Guangdong Feinan Resources Recycling Co Ltd is mainly engaged in the disposal of non-ferrous metal hazardous waste and the recycling of renewable resources. It is an environmental protection enterprise covering hazardous waste collection, harmless disposal, and resource recycling. The company applies traditional metallurgical technology to the non-ferrous metal hazardous waste disposal and utilization business. It can combine different batches of hazardous waste with low metal grade and different impurity content with copper-containing materials and adopt leading process technology to ultimately produce electrolytic copper, and ice Copper, anode slime and other resource-based products can truly realize resource regeneration and turn waste into treasure.

Guangdong Feinan Resources Recycling Co (SZSE:301500) Headlines

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