GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JH Educational Technology Inc (HKSE:01935) » Definitions » Equity-to-Asset

JH Educational Technology (HKSE:01935) Equity-to-Asset : 0.65 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is JH Educational Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JH Educational Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,953.8 Mil. JH Educational Technology's Total Assets for the quarter that ended in Dec. 2023 was HK$4,554.2 Mil. Therefore, JH Educational Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.65.

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

HKSE:01935' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.65   Max: 0.69
Current: 0.65

During the past 8 years, the highest Equity to Asset Ratio of JH Educational Technology was 0.69. The lowest was 0.35. And the median was 0.65.

HKSE:01935's Equity-to-Asset is ranked better than
67.41% of 270 companies
in the Education industry
Industry Median: 0.52 vs HKSE:01935: 0.65

JH Educational Technology Equity-to-Asset Historical Data

The historical data trend for JH Educational Technology'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.

JH Educational Technology Equity-to-Asset Chart

JH Educational Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.69 0.67 0.65 0.66 0.65

JH Educational Technology Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.65 0.74 0.66 0.75 0.65

Competitive Comparison of JH Educational Technology's Equity-to-Asset

For the Education & Training Services subindustry, JH Educational Technology'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.


JH Educational Technology's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JH Educational Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where JH Educational Technology's Equity-to-Asset falls into.



JH Educational Technology 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.

JH Educational Technology'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
=2953.788/4554.155
=0.65

JH Educational Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2953.788/4554.155
=0.65

* 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.


JH Educational Technology  (HKSE:01935) 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%.


JH Educational Technology Equity-to-Asset Related Terms

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


JH Educational Technology (HKSE:01935) Business Description

Traded in Other Exchanges
N/A
Address
No 618, Liuweng Road, Liushi Town, Yueqing, CHN
JH Educational Technology Inc is engaged in the provision of higher and secondary education services and related management services in the People's Republic of China (the PRC). In addition to offering higher education, it also provides education to high school students in Zhejiang province. It controls and operates three schools, namely Zhengzhou College of Economics and Business, Zhejiang Changzheng Vocational & Technical College, and Yueqing Jingyi Secondary School. Geographically company generates its revenue from China.
Executives
Feng’s Investment Holdings Limited 2101 Beneficial owner
Chen Ling Feng 2201 Interest of corporation controlled by you
Chen Shu 2201 Interest of corporation controlled by you
Chen Yu Cao 2201 Interest of corporation controlled by you
Nan Luo Qiu 2202 Interest of your spouse
Cao’s Investment Holdings Limited 2101 Beneficial owner
Chen Yu Dian 2202 Interest of your spouse
Chen Yu Chun 2201 Interest of corporation controlled by you
Zheng Sui Lan 2202 Interest of your spouse
Zhang Xu Li 2201 Interest of corporation controlled by you
Chun’s Investment Holdings Limited 2101 Beneficial owner
Zxl Investment Holdings Limited 2101 Beneficial owner
Lin Yun Ru 2202 Interest of your spouse
Shu’s Investment Holdings Limited 2101 Beneficial owner
Chen Yu Guo 2201 Interest of corporation controlled by you

JH Educational Technology (HKSE:01935) Headlines

No Headlines