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CEVIA Enviro (SZSE:000885) Equity-to-Asset : 0.27 (As of Jun. 2024)


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What is CEVIA Enviro Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CEVIA Enviro's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥7,830 Mil. CEVIA Enviro's Total Assets for the quarter that ended in Jun. 2024 was ¥29,584 Mil. Therefore, CEVIA Enviro's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.27.

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

SZSE:000885' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.32   Max: 0.47
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of CEVIA Enviro was 0.47. The lowest was 0.23. And the median was 0.32.

SZSE:000885's Equity-to-Asset is ranked worse than
77.17% of 1708 companies
in the Construction industry
Industry Median: 0.45 vs SZSE:000885: 0.27

CEVIA Enviro Equity-to-Asset Historical Data

The historical data trend for CEVIA Enviro'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.

CEVIA Enviro Equity-to-Asset Chart

CEVIA Enviro 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 0.33 0.35 0.26 0.26 0.26

CEVIA Enviro Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.24 0.26 0.26 0.26 0.27

Competitive Comparison of CEVIA Enviro's Equity-to-Asset

For the Infrastructure Operations subindustry, CEVIA Enviro'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.


CEVIA Enviro's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, CEVIA Enviro's Equity-to-Asset distribution charts can be found below:

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



CEVIA Enviro 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.

CEVIA Enviro'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
=7501.742/29128.171
=0.26

CEVIA Enviro's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=7830.104/29583.707
=0.26

* 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.


CEVIA Enviro  (SZSE:000885) 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%.


CEVIA Enviro Equity-to-Asset Related Terms

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


CEVIA Enviro Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Nongye Road East, 16th Floor, Block A, Investment Building, Zhengzhou, CHN, 450008
CEVIA Enviro Inc is engaged in highway operations and urban infrastructure construction.
Executives
Cui Kai Supervisors
Yang Lai Shang Supervisors
Wang Jian Sheng Executives
Cai Zhi Duan Director
Ma Jian Zhong Executives

CEVIA Enviro Headlines

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