GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bluestar Adisseo Co (SHSE:600299) » Definitions » Equity-to-Asset

Bluestar Adisseo Co (SHSE:600299) Equity-to-Asset : 0.70 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Bluestar Adisseo Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bluestar Adisseo Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥15,099 Mil. Bluestar Adisseo Co's Total Assets for the quarter that ended in Mar. 2024 was ¥21,522 Mil. Therefore, Bluestar Adisseo Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.70.

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

SHSE:600299' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.65   Max: 0.7
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Bluestar Adisseo Co was 0.70. The lowest was 0.01. And the median was 0.65.

SHSE:600299's Equity-to-Asset is ranked better than
68.09% of 1570 companies
in the Chemicals industry
Industry Median: 0.59 vs SHSE:600299: 0.70

Bluestar Adisseo Co Equity-to-Asset Historical Data

The historical data trend for Bluestar Adisseo Co'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.

Bluestar Adisseo Co Equity-to-Asset Chart

Bluestar Adisseo Co 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 0.65 0.67 0.67 0.70 0.70

Bluestar Adisseo Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 0.70 0.69 0.69 0.70 0.70

Competitive Comparison of Bluestar Adisseo Co's Equity-to-Asset

For the Chemicals subindustry, Bluestar Adisseo Co'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.


Bluestar Adisseo Co's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bluestar Adisseo Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bluestar Adisseo Co's Equity-to-Asset falls into.



Bluestar Adisseo Co 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.

Bluestar Adisseo Co'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
=15036.928/21513.368
=0.70

Bluestar Adisseo Co'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
=15098.926/21521.508
=0.70

* 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.


Bluestar Adisseo Co  (SHSE:600299) 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%.


Bluestar Adisseo Co Equity-to-Asset Related Terms

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


Bluestar Adisseo Co (SHSE:600299) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Beitucheng West Road, Chaoyang District, Beijing, CHN, 100029
Bluestar Adisseo Co is a China-based company engaged in the business of development, production, and sale of animal nutrition additives. Its products are Roddy US, Michael dimensional, ROVABIO, Hillier selenium, AdiSodium, and others. In addition, it also provides the customers with services such as Precision Nutrition Analysis service, Liquid Addition Solution, and E-lab service. The company's products are sold in China and other international countries.

Bluestar Adisseo Co (SHSE:600299) Headlines

No Headlines