China Railway Signalmmunication (HKSE:03969) Equity-to-Asset : 0.39 (As of Dec. 2023)

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What is China Railway Signalmmunication Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Railway Signalmmunication's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$51,202 Mil. China Railway Signalmmunication's Total Assets for the quarter that ended in Dec. 2023 was HK$130,149 Mil. Therefore, China Railway Signalmmunication's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.

The historical rank and industry rank for China Railway Signalmmunication's Equity-to-Asset or its related term are showing as below:

HKSE:03969' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.4 Max: 0.45
Current: 0.39

During the past 10 years, the highest Equity to Asset Ratio of China Railway Signalmmunication was 0.45. The lowest was 0.36. And the median was 0.40.

HKSE:03969's Equity-to-Asset is ranked worse than
63.23% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs HKSE:03969: 0.39

China Railway Signalmmunication Equity-to-Asset Historical Data

The historical data trend for China Railway Signalmmunication'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.

China Railway Signalmmunication Equity-to-Asset Chart

China Railway Signalmmunication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.42

0.40

0.39

China Railway Signalmmunication Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.39	0.38	0.39	0.39	-

Competitive Comparison of China Railway Signalmmunication's Equity-to-Asset

For the Railroads subindustry, China Railway Signalmmunication'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.

China Railway Signalmmunication's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Railway Signalmmunication's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Railway Signalmmunication's Equity-to-Asset falls into.

China Railway Signalmmunication 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.

China Railway Signalmmunication'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
	=	51202.034	/	130149.283
	=	0.39

China Railway Signalmmunication's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	51202.034	/	130149.283
	=	0.39

China Railway Signalmmunication (HKSE:03969) 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%.

China Railway Signalmmunication Equity-to-Asset Related Terms

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China Railway Signalmmunication (HKSE:03969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Railway Signal & Communication Corp Ltd (HKSE:03969) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CRYCY:USA 688009:China

Address

Automobile Museum South Road, CRSC Building, 1 Compound, Fengtai District, 20th Floor, Beijing, CHN, 100070

Website

http://www.crsc.cn

China Railway Signal & Communication Corp Ltd provides products and services on the entire industrial chain of rail transit control systems. The company's operating segments are the rail transportation control system segment which provides specialized three-in-one services of design and integration, equipment manufacturing, and system implementation services for rail transportation control systems, General project contracting segment engages in the provision of services relating to municipal and other construction projects, other segments mainly engage in trading. The firm generates a majority of its revenue from the rail transportation control system segment.

China Railway Signalmmunication (HKSE:03969) Headlines

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