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Dioo Microcircuits Co Jiangsu (SHSE:688381) Equity-to-Asset : 0.97 (As of Mar. 2024)


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What is Dioo Microcircuits Co Jiangsu Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dioo Microcircuits Co Jiangsu's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,944.3 Mil. Dioo Microcircuits Co Jiangsu's Total Assets for the quarter that ended in Mar. 2024 was ¥3,036.6 Mil. Therefore, Dioo Microcircuits Co Jiangsu's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.97.

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

SHSE:688381' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.95   Max: 0.99
Current: 0.97

During the past 6 years, the highest Equity to Asset Ratio of Dioo Microcircuits Co Jiangsu was 0.99. The lowest was 0.83. And the median was 0.95.

SHSE:688381's Equity-to-Asset is ranked better than
99.3% of 999 companies
in the Semiconductors industry
Industry Median: 0.63 vs SHSE:688381: 0.97

Dioo Microcircuits Co Jiangsu Equity-to-Asset Historical Data

The historical data trend for Dioo Microcircuits Co Jiangsu'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.

Dioo Microcircuits Co Jiangsu Equity-to-Asset Chart

Dioo Microcircuits Co Jiangsu Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.89 0.89 0.89 0.98 0.97

Dioo Microcircuits Co Jiangsu Quarterly Data
Dec18 Dec19 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 0.99 0.99 0.98 0.97 0.97

Competitive Comparison of Dioo Microcircuits Co Jiangsu's Equity-to-Asset

For the Semiconductors subindustry, Dioo Microcircuits Co Jiangsu'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.


Dioo Microcircuits Co Jiangsu's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Dioo Microcircuits Co Jiangsu's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Dioo Microcircuits Co Jiangsu's Equity-to-Asset falls into.



Dioo Microcircuits Co Jiangsu 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.

Dioo Microcircuits Co Jiangsu'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
=3046.55/3138.957
=0.97

Dioo Microcircuits Co Jiangsu'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
=2944.285/3036.613
=0.97

* 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.


Dioo Microcircuits Co Jiangsu  (SHSE:688381) 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%.


Dioo Microcircuits Co Jiangsu Equity-to-Asset Related Terms

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Dioo Microcircuits Co Jiangsu (SHSE:688381) Business Description

Traded in Other Exchanges
N/A
Address
No. 60 Chongzhou Avenue, Nantong Innovation Zone, 6th Floor, Building 8, Zilang Science and Technology City, Jiangsu Province, Nantong, CHN, 226000
Dioo Microcircuits Co Ltd Jiangsu is engaged in the research and development, design and sales of high-performance analog chips.

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