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Suzhou Kelida Building & Decoration Co (SHSE:603828) Equity-to-Asset : 0.15 (As of Mar. 2024)


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What is Suzhou Kelida Building & Decoration Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Suzhou Kelida Building & Decoration Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥754 Mil. Suzhou Kelida Building & Decoration Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,057 Mil. Therefore, Suzhou Kelida Building & Decoration Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.15.

The historical rank and industry rank for Suzhou Kelida Building & Decoration Co's Equity-to-Asset or its related term are showing as below:

SHSE:603828' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.32   Max: 0.5
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of Suzhou Kelida Building & Decoration Co was 0.50. The lowest was 0.14. And the median was 0.32.

SHSE:603828's Equity-to-Asset is ranked worse than
89.96% of 1684 companies
in the Construction industry
Industry Median: 0.44 vs SHSE:603828: 0.15

Suzhou Kelida Building & Decoration Co Equity-to-Asset Historical Data

The historical data trend for Suzhou Kelida Building & Decoration 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.

Suzhou Kelida Building & Decoration Co Equity-to-Asset Chart

Suzhou Kelida Building & Decoration 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 0.32 0.30 0.24 0.16 0.14

Suzhou Kelida Building & Decoration 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 0.18 0.19 0.18 0.14 0.15

Competitive Comparison of Suzhou Kelida Building & Decoration Co's Equity-to-Asset

For the Engineering & Construction subindustry, Suzhou Kelida Building & Decoration 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.


Suzhou Kelida Building & Decoration Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Suzhou Kelida Building & Decoration Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Suzhou Kelida Building & Decoration Co's Equity-to-Asset falls into.



Suzhou Kelida Building & Decoration 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.

Suzhou Kelida Building & Decoration 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
=734.586/5241.158
=0.14

Suzhou Kelida Building & Decoration 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
=754.168/5056.665
=0.15

* 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.


Suzhou Kelida Building & Decoration Co  (SHSE:603828) 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%.


Suzhou Kelida Building & Decoration Co Equity-to-Asset Related Terms

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Suzhou Kelida Building & Decoration Co (SHSE:603828) Business Description

Traded in Other Exchanges
N/A
Address
99 Canal Road, High-tech Zone, Suzhou, CHN, 215011
Suzhou Kelida Building & Decoration Co Ltd is a China-based company which is an architectural decoration company. It is engaged in the design and construction of building walls and public building decoration works. The Company provides decoration work for airports, performing arts centers, and conference & sports centers.

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