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Hamaton Automotive Technology Co (SZSE:300643) Equity-to-Asset : 0.77 (As of Mar. 2024)


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What is Hamaton Automotive Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hamaton Automotive Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,072 Mil. Hamaton Automotive Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,398 Mil. Therefore, Hamaton Automotive Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.77.

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

SZSE:300643' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.69   Max: 0.88
Current: 0.77

During the past 12 years, the highest Equity to Asset Ratio of Hamaton Automotive Technology Co was 0.88. The lowest was 0.48. And the median was 0.69.

SZSE:300643's Equity-to-Asset is ranked better than
89.54% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs SZSE:300643: 0.77

Hamaton Automotive Technology Co Equity-to-Asset Historical Data

The historical data trend for Hamaton Automotive 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.

Hamaton Automotive Technology Co Equity-to-Asset Chart

Hamaton Automotive 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 0.48 0.48 0.62 0.69 0.75

Hamaton Automotive 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 0.73 0.73 0.74 0.75 0.77

Competitive Comparison of Hamaton Automotive Technology Co's Equity-to-Asset

For the Auto Manufacturers subindustry, Hamaton Automotive 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.


Hamaton Automotive Technology Co's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hamaton Automotive Technology Co's Equity-to-Asset distribution charts can be found below:

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



Hamaton Automotive 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.

Hamaton Automotive 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
=1057.768/1414.515
=0.75

Hamaton Automotive 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
=1071.928/1397.827
=0.77

* 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.


Hamaton Automotive Technology Co  (SZSE:300643) 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%.


Hamaton Automotive Technology Co Equity-to-Asset Related Terms

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Hamaton Automotive Technology Co (SZSE:300643) Business Description

Traded in Other Exchanges
N/A
Address
12th Zhenxing East Road, Hangzhou Yuhang Economic and Technological Development Zone, Yuhang District, Zhejiang Provinc, Hangzhou, CHN, 311199
Hamaton Automotive Technology Co Ltd manufactures and supplies various products to automotive industry. The company is engaged in the development, production and sales of tire valves, tire pressure monitoring systems (TPMS) and related tools and accessories. Its products are mainly sold to Europe, North America, Australia and other regions.
Executives
Xu Jian Feng Supervisors
Hu Fen Hua Executives
Yang Fu Jin Director

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