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Bescient Technologies Co (SHSE:688671) Equity-to-Asset : 0.82 (As of Mar. 2024)


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What is Bescient Technologies Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bescient Technologies Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,142.7 Mil. Bescient Technologies Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,386.2 Mil. Therefore, Bescient Technologies Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.82.

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

SHSE:688671' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.68   Max: 0.84
Current: 0.82

During the past 5 years, the highest Equity to Asset Ratio of Bescient Technologies Co was 0.84. The lowest was 0.41. And the median was 0.68.

SHSE:688671's Equity-to-Asset is ranked better than
88.33% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs SHSE:688671: 0.82

Bescient Technologies Co Equity-to-Asset Historical Data

The historical data trend for Bescient Technologies 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.

Bescient Technologies Co Equity-to-Asset Chart

Bescient Technologies Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.41 0.44 0.58 0.66 0.79

Bescient Technologies Co Quarterly Data
Dec19 Dec20 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 0.69 0.70 0.84 0.79 0.82

Competitive Comparison of Bescient Technologies Co's Equity-to-Asset

For the Pollution & Treatment Controls subindustry, Bescient Technologies 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.


Bescient Technologies Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bescient Technologies Co's Equity-to-Asset distribution charts can be found below:

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



Bescient Technologies 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.

Bescient Technologies 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
=1144.555/1458.27
=0.78

Bescient Technologies 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
=1142.673/1386.222
=0.82

* 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.


Bescient Technologies Co  (SHSE:688671) 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%.


Bescient Technologies Co Equity-to-Asset Related Terms

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Bescient Technologies Co (SHSE:688671) Business Description

Traded in Other Exchanges
N/A
Address
Liuxian 3rd Road, Xin'an Street, Room 301, Building 2, Runheng Industrial Zone, No. 1, Xingdong, Bao'an, Guangdong, Shenzhen, CHN, 518101
Bescient Technologies Co Ltd is a national high-tech backbone enterprise engaged in the development of environmental automatic monitoring. It has always focused on the independent research and development of scientific instruments and big data and is committed to building multi-industry intelligent applications and services that perceive and interconnect all things, and provide strong technical support for the construction of the national ecological environment, water conservancy and public safety. Its main business involves research and development, production and technical services in the fields of intelligent environmental monitoring equipment, environmental monitoring Internet of Things and ecological environment big data, smart water affairs, digital agriculture, and public security.
Executives
He Yuan Ping Director

Bescient Technologies Co (SHSE:688671) Headlines

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