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Beijing SDL Technology Co (SZSE:002658) Equity-to-Asset : 0.86 (As of Mar. 2024)


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What is Beijing SDL Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beijing SDL Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,600 Mil. Beijing SDL Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,020 Mil. Therefore, Beijing SDL Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.86.

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

SZSE:002658' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.77   Max: 0.9
Current: 0.86

During the past 13 years, the highest Equity to Asset Ratio of Beijing SDL Technology Co was 0.90. The lowest was 0.68. And the median was 0.77.

SZSE:002658's Equity-to-Asset is ranked better than
91.36% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs SZSE:002658: 0.86

Beijing SDL Technology Co Equity-to-Asset Historical Data

The historical data trend for Beijing SDL Technology 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.

Beijing SDL Technology Co Equity-to-Asset Chart

Beijing SDL Technology 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 0.70 0.69 0.74 0.77 0.84

Beijing SDL Technology 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 0.78 0.77 0.76 0.84 0.86

Competitive Comparison of Beijing SDL Technology Co's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Beijing SDL Technology 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.


Beijing SDL Technology Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing SDL Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing SDL Technology Co's Equity-to-Asset falls into.



Beijing SDL Technology 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.

Beijing SDL Technology 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
=2663.831/3156.093
=0.84

Beijing SDL Technology 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
=2599.844/3020.264
=0.86

* 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.


Beijing SDL Technology Co  (SZSE:002658) 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%.


Beijing SDL Technology Co Equity-to-Asset Related Terms

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Beijing SDL Technology Co (SZSE:002658) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Hi-tech 3 street, Beijing International Information Industry Base, Huilongguan, Changping district, Beijing, CHN
Beijing SDL Technology Co Ltd is an environmental monitoring corporation in China. The company is organized around five major business areas: environmental monitoring, intelligent environmental information systems, environmental solutions, process analytics, and third-party testing, maintenance, and service. The company also provide customers with tailor-made integrated solutions for continuous monitoring, automatic control, operation, and maintenance. The company's products are widely used for emissions and air quality monitoring and process analytical solutions in governmental programs and various industries including environmental, power, cement, iron and steel, air separation, and petrochemical.
Executives
Zhao Ai Xue Executives
Gao Wu Director
Ao Xiao Qiang Directors, executives
Wang Ling Qiu Director
Wei Peng Na Securities Affairs Representative
Zhou Jia Qiu Supervisors
Zou Yuan Long Executives
Wang Qiang Executives
Gou Dong Qing Executives
Chen Hua Shen Supervisors
Wu Bao Hua Supervisors

Beijing SDL Technology Co (SZSE:002658) Headlines

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