ClouDr Group (HKSE:09955) Equity-to-Asset : 0.62 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is ClouDr Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ClouDr Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,997 Mil. ClouDr Group's Total Assets for the quarter that ended in Dec. 2023 was HK$3,221 Mil. Therefore, ClouDr Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.

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

HKSE:09955' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.85 Med: -0.74 Max: 0.65
Current: 0.62

During the past 5 years, the highest Equity to Asset Ratio of ClouDr Group was 0.65. The lowest was -2.85. And the median was -0.74.

HKSE:09955's Equity-to-Asset is ranked better than
73% of 100 companies
in the Medical Distribution industry
Industry Median: 0.385 vs HKSE:09955: 0.62

ClouDr Group Equity-to-Asset Historical Data

The historical data trend for ClouDr Group'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.

ClouDr Group Equity-to-Asset Chart

ClouDr Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.74

-1.99

-2.85

0.65

0.62

ClouDr Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-2.85	-3.69	0.65	0.64	0.62

Competitive Comparison of ClouDr Group's Equity-to-Asset

For the Medical Distribution subindustry, ClouDr Group'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.

ClouDr Group's Equity-to-Asset Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, ClouDr Group's Equity-to-Asset distribution charts can be found below:

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

ClouDr Group 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.

ClouDr Group'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
	=	1996.507	/	3221.25
	=	0.62

ClouDr Group'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
	=	1996.507	/	3221.25
	=	0.62

ClouDr Group (HKSE:09955) 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%.

ClouDr Group Equity-to-Asset Related Terms

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

ClouDr Group (HKSE:09955) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » ClouDr Group Ltd (HKSE:09955) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

H3L:Germany

Address

No. 998 Wenyi West Road (Haichuang Yuan), Wuchang Street, Rooms 501, 5th Floor, Building 12, Yuhang District, Zhejiang Province, Hangzhou, CHN

Website

https://www.cloudr.cn

ClouDr Group Ltd provides supplies and SaaS to hospitals and pharmacies, digital marketing services to pharmaceutical companies, and online consultation and prescriptions to patients, all centered around chronic condition management. Its offerings include in-hospital solutions, pharmacy solutions, and individual chronic condition management solutions. The company's in-hospital solution consists of sales of medical devices, consumables and pharmaceuticals, hospital SaaS, and digital marketing services to pharmaceutical companies. It generates revenues from sales of hospital and pharmacy supplies and individual chronic condition management products.

ClouDr Group (HKSE:09955) Headlines

No Headlines