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Focused Photonics (Hangzhou) (SZSE:300203) Equity-to-Asset : 0.30 (As of Mar. 2024)


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What is Focused Photonics (Hangzhou) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Focused Photonics (Hangzhou)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,881 Mil. Focused Photonics (Hangzhou)'s Total Assets for the quarter that ended in Mar. 2024 was ¥9,509 Mil. Therefore, Focused Photonics (Hangzhou)'s Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.30.

The historical rank and industry rank for Focused Photonics (Hangzhou)'s Equity-to-Asset or its related term are showing as below:

SZSE:300203' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.43   Max: 0.73
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of Focused Photonics (Hangzhou) was 0.73. The lowest was 0.30. And the median was 0.43.

SZSE:300203's Equity-to-Asset is ranked worse than
85.52% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs SZSE:300203: 0.30

Focused Photonics (Hangzhou) Equity-to-Asset Historical Data

The historical data trend for Focused Photonics (Hangzhou)'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.

Focused Photonics (Hangzhou) Equity-to-Asset Chart

Focused Photonics (Hangzhou) 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 0.39 0.40 0.34 0.31 0.30

Focused Photonics (Hangzhou) 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 0.30 0.31 0.31 0.30 0.30

Competitive Comparison of Focused Photonics (Hangzhou)'s Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Focused Photonics (Hangzhou)'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.


Focused Photonics (Hangzhou)'s Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Focused Photonics (Hangzhou)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Focused Photonics (Hangzhou)'s Equity-to-Asset falls into.



Focused Photonics (Hangzhou) 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.

Focused Photonics (Hangzhou)'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
=2908.947/9715.377
=0.30

Focused Photonics (Hangzhou)'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
=2881.224/9509.373
=0.30

* 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.


Focused Photonics (Hangzhou)  (SZSE:300203) 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%.


Focused Photonics (Hangzhou) Equity-to-Asset Related Terms

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Focused Photonics (Hangzhou) (SZSE:300203) Business Description

Traded in Other Exchanges
N/A
Address
459 Qian'mo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Focused Photonics (Hangzhou) Inc. is engaged in R&D, manufacture, and distribution of instruments which are widely used in safety monitoring and environmental protection. It measures gas, air, dust, and water. The company offers its products for use in marine, engine, refinery, chemical, natural gas, iron and steel, power plant, waste incineration, cement, and emission applications. Its products are well known in China and distributed worldwide.
Executives
Gu Hai Tao Director
Han Shuang Lai Directors, executives
Wei Jun Zheng Supervisors
Yao Na Xin Directors, executives
Wang Jian Directors, executives
Sun You Xian Independent director

Focused Photonics (Hangzhou) (SZSE:300203) Headlines

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