Jiumaojiu International Holdings (HKSE:09922) Equity-to-Asset : 0.51 (As of Dec. 2023)

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What is Jiumaojiu International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jiumaojiu International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,648 Mil. Jiumaojiu International Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$7,132 Mil. Therefore, Jiumaojiu International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

HKSE:09922' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.36 Max: 0.63
Current: 0.51

During the past 8 years, the highest Equity to Asset Ratio of Jiumaojiu International Holdings was 0.63. The lowest was 0.08. And the median was 0.36.

HKSE:09922's Equity-to-Asset is ranked better than
72.13% of 348 companies
in the Restaurants industry
Industry Median: 0.37 vs HKSE:09922: 0.51

Jiumaojiu International Holdings Equity-to-Asset Historical Data

The historical data trend for Jiumaojiu International Holdings'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.

Jiumaojiu International Holdings Equity-to-Asset Chart

Jiumaojiu International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.08

0.63

0.60

0.59

0.51

Jiumaojiu International Holdings 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									0.60	0.60	0.59	0.57	0.51

Competitive Comparison of Jiumaojiu International Holdings's Equity-to-Asset

For the Restaurants subindustry, Jiumaojiu International Holdings'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.

Jiumaojiu International Holdings's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jiumaojiu International Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiumaojiu International Holdings's Equity-to-Asset falls into.

Jiumaojiu International Holdings 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.

Jiumaojiu International Holdings'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
	=	3648.338	/	7132.4
	=	0.51

Jiumaojiu International Holdings'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
	=	3648.338	/	7132.4
	=	0.51

Jiumaojiu International Holdings (HKSE:09922) 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%.

Jiumaojiu International Holdings Equity-to-Asset Related Terms

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

Jiumaojiu International Holdings (HKSE:09922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jiumaojiu International Holdings Ltd (HKSE:09922) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

3YU:Germany

Address

1 Mingzhuyi Street, Room 404-A197, Hengli Town, Nansha District, Guangzhou, CHN

Website

http://www.jiumaojiu.com

Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 400 outlets in China, and is frequented particularly by the post-1990s generation.Other key concepts include the namesake concept Jiu Mao Jiu (nearly 80 units) and a newly created restaurant concept Song Hot Pot (almost 30 outlets), but the company's portfolio also includes other brands such as Uncle Chef (Cantonese cuisine) and Lai Mei Li (Chinese grilled fish). All of Jiumaojiu's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants over quantity.

Executives

Invesco Asset Management Limited	2102 Investment manager
Jpmorgan Chase & Co.	2502 Approved lending agent
The Capital Group Companies, Inc.	2201 Interest of corporation controlled by you
Guan Yihong	2201 Interest of corporation controlled by you
Gyh J Limited	2101 Beneficial owner
Yang Sanyin	2202 Interest of your spouse
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Chen Haixia	2201 Interest of corporation controlled by you
Mx J Limited	2101 Beneficial owner
Mt J Limited	2101 Beneficial owner

Jiumaojiu International Holdings (HKSE:09922) Headlines

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