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Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) Equity-to-Asset : 0.56 (As of Sep. 2024)


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What is Shenzhen Sunshine Laser and Electronics Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shenzhen Sunshine Laser and Electronics Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,588 Mil. Shenzhen Sunshine Laser and Electronics Technology Co's Total Assets for the quarter that ended in Sep. 2024 was ¥2,833 Mil. Therefore, Shenzhen Sunshine Laser and Electronics Technology Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.56.

The historical rank and industry rank for Shenzhen Sunshine Laser and Electronics Technology Co's Equity-to-Asset or its related term are showing as below:

SZSE:300227' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.62   Max: 0.69
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of Shenzhen Sunshine Laser and Electronics Technology Co was 0.69. The lowest was 0.53. And the median was 0.62.

SZSE:300227's Equity-to-Asset is ranked better than
50.12% of 2476 companies
in the Hardware industry
Industry Median: 0.56 vs SZSE:300227: 0.56

Shenzhen Sunshine Laser and Electronics Technology Co Equity-to-Asset Historical Data

The historical data trend for Shenzhen Sunshine Laser and Electronics 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.

Shenzhen Sunshine Laser and Electronics Technology Co Equity-to-Asset Chart

Shenzhen Sunshine Laser and Electronics 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 0.62 0.60 0.64 0.59 0.58

Shenzhen Sunshine Laser and Electronics Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.59 0.58 0.59 0.57 0.56

Competitive Comparison of Shenzhen Sunshine Laser and Electronics Technology Co's Equity-to-Asset

For the Electronic Components subindustry, Shenzhen Sunshine Laser and Electronics 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.


Shenzhen Sunshine Laser and Electronics Technology Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Sunshine Laser and Electronics Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shenzhen Sunshine Laser and Electronics Technology Co's Equity-to-Asset falls into.



Shenzhen Sunshine Laser and Electronics 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.

Shenzhen Sunshine Laser and Electronics 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
=1567.678/2723.945
=0.58

Shenzhen Sunshine Laser and Electronics Technology Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=1587.547/2833.357
=0.56

* 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.


Shenzhen Sunshine Laser and Electronics Technology Co  (SZSE:300227) 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%.


Shenzhen Sunshine Laser and Electronics Technology Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Shenzhen Sunshine Laser and Electronics Technology Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Sunshine Laser and Electronics Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 13 Langshan Road, 1st Floor, Block C, Tsinghua Unisplendour Technology Park, Nanshan District, Shenzhen, CHN, 518051
Shenzhen Sunshine Laser and Electronics Technology Co Ltd is engaged in providing laser technology and application services to manufacturing and processing industries. The products and services of the company include additive manufacturing, laser three dimensional circuit, flexible circuit board laser forming, precision laser drilling, and precision laser template.
Executives
Wang Rong Directors, executives
Zhang Hong Yu Directors, executives
Wang Jun Executives
Hou Ruo Hong Directors, executives
Fan Rong Securities Affairs Representative
Cai Zhi Xiang Executives
Li Lu Secretary Dong
Zhang Yu Feng Director
Chen Xuan Executives

Shenzhen Sunshine Laser and Electronics Technology Co Headlines

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