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Orient Securities Co (SHSE:600958) Equity-to-Asset : 0.23 (As of Mar. 2024)


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What is Orient Securities Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Orient Securities Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥80,113 Mil. Orient Securities Co's Total Assets for the quarter that ended in Mar. 2024 was ¥353,279 Mil. Therefore, Orient Securities Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.23.

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

SHSE:600958' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.21   Max: 0.23
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of Orient Securities Co was 0.23. The lowest was 0.17. And the median was 0.21.

SHSE:600958's Equity-to-Asset is ranked worse than
73.79% of 805 companies
in the Capital Markets industry
Industry Median: 0.5 vs SHSE:600958: 0.21

Orient Securities Co Equity-to-Asset Historical Data

The historical data trend for Orient Securities 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.

Orient Securities Co Equity-to-Asset Chart

Orient Securities 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 0.21 0.21 0.20 0.21 0.21

Orient Securities 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 0.22 0.22 0.22 0.21 0.23

Competitive Comparison of Orient Securities Co's Equity-to-Asset

For the Capital Markets subindustry, Orient Securities 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.


Orient Securities Co's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Orient Securities Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Orient Securities Co's Equity-to-Asset falls into.



Orient Securities 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.

Orient Securities 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
=78745.532/383690.462
=0.21

Orient Securities 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
=80113.401/353279.285
=0.23

* 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.


Orient Securities Co  (SHSE:600958) 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%.


Orient Securities Co Equity-to-Asset Related Terms

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Orient Securities Co (SHSE:600958) Business Description

Traded in Other Exchanges
Address
No. 119 South Zhongshan Road, Orient Securities Building, Huangpu District, Shanghai, CHN, 200010
Orient Securities Co Ltd is engaged in sales and trading of securities including investment and trading, fixed income investment and trading, financial derivatives trading business, NEEQ market-making business, alternative investment, and securities research services. It engages in alternative investment business through Orient Securities Innovation Investment. The company's segments include Securities Sales and Trading, Investment Management, Brokerage and Securities Financing, Investment Banking, and Headquarters and Others. The majority of the revenue is earned from the Brokerage and Securities Financing segment.

Orient Securities Co (SHSE:600958) Headlines

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