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Kian Shen (TPE:1525) Equity-to-Asset : 0.85 (As of Mar. 2024)


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What is Kian Shen Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kian Shen's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$4,907 Mil. Kian Shen's Total Assets for the quarter that ended in Mar. 2024 was NT$5,810 Mil. Therefore, Kian Shen's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.85.

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

TPE:1525' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77   Med: 0.82   Max: 0.85
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of Kian Shen was 0.85. The lowest was 0.77. And the median was 0.82.

TPE:1525's Equity-to-Asset is ranked better than
95.64% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs TPE:1525: 0.85

Kian Shen Equity-to-Asset Historical Data

The historical data trend for Kian Shen'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.

Kian Shen Equity-to-Asset Chart

Kian Shen 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 0.82 0.82 0.83 0.82 0.83

Kian Shen 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 0.84 0.81 0.84 0.83 0.85

Competitive Comparison of Kian Shen's Equity-to-Asset

For the Auto Parts subindustry, Kian Shen'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.


Kian Shen's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Kian Shen's Equity-to-Asset falls into.



Kian Shen 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.

Kian Shen'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
=4784.316/5751.786
=0.83

Kian Shen'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
=4906.844/5810.16
=0.84

* 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.


Kian Shen  (TPE:1525) 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%.


Kian Shen Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Kian Shen's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Kian Shen (TPE:1525) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Xinjiang Road, Yangmei District, Taoyuan, TWN
Kian Shen Corp is engaged in the manufacture and sale of automobile body beams, stamping molds, and woodworking products. It provides automobile frames which include products for large, medium, and small-size trucks and coaches. The company has two operating segments; the Manufacturing department, and the Investment department. It derives a majority of its revenue from the manufacturing segment.

Kian Shen (TPE:1525) Headlines

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