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Beijing Health Guard Biotechnology (BJSE:833575) Equity-to-Asset : 0.55 (As of Mar. 2024)


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What is Beijing Health Guard Biotechnology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beijing Health Guard Biotechnology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥821.44 Mil. Beijing Health Guard Biotechnology's Total Assets for the quarter that ended in Mar. 2024 was ¥1,507.43 Mil. Therefore, Beijing Health Guard Biotechnology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.55.

The historical rank and industry rank for Beijing Health Guard Biotechnology's Equity-to-Asset or its related term are showing as below:

BJSE:833575' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.74   Med: 0.7   Max: 0.96
Current: 0.55

During the past 11 years, the highest Equity to Asset Ratio of Beijing Health Guard Biotechnology was 0.96. The lowest was -1.74. And the median was 0.70.

BJSE:833575's Equity-to-Asset is ranked worse than
60.62% of 1559 companies
in the Biotechnology industry
Industry Median: 0.67 vs BJSE:833575: 0.55

Beijing Health Guard Biotechnology Equity-to-Asset Historical Data

The historical data trend for Beijing Health Guard Biotechnology'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.

Beijing Health Guard Biotechnology Equity-to-Asset Chart

Beijing Health Guard Biotechnology 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 -1.74 0.73 0.81 0.68 0.62

Beijing Health Guard Biotechnology Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 0.71 0.74 0.68 0.62 0.55

Competitive Comparison of Beijing Health Guard Biotechnology's Equity-to-Asset

For the Biotechnology subindustry, Beijing Health Guard Biotechnology'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.


Beijing Health Guard Biotechnology's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Beijing Health Guard Biotechnology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing Health Guard Biotechnology's Equity-to-Asset falls into.



Beijing Health Guard Biotechnology 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.

Beijing Health Guard Biotechnology'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
=906.919/1454.292
=0.62

Beijing Health Guard Biotechnology'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
=821.436/1507.432
=0.54

* 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.


Beijing Health Guard Biotechnology  (BJSE:833575) 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%.


Beijing Health Guard Biotechnology Equity-to-Asset Related Terms

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Beijing Health Guard Biotechnology (BJSE:833575) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Rongchang East Street, Beijing Economic and Technological Development Zone, Room 201 and 202, Building A2, Beijing, CHN, 100176
Website
Beijing Health Guard Biotechnology Inc engages in the research, development, and industrialization of recombinant protein vaccines. It mainly develops HPV vaccines in China and also advances multiple innovative candidate vaccines for other infectious diseases. Its core pipeline product includes a trivalent and a nonavalent HPV vaccine.

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