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GuangYuYuan Chinese Herbal Medicine Co (SHSE:600771) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is GuangYuYuan Chinese Herbal Medicine Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GuangYuYuan Chinese Herbal Medicine Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,537 Mil. GuangYuYuan Chinese Herbal Medicine Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,606 Mil. Therefore, GuangYuYuan Chinese Herbal Medicine Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

The historical rank and industry rank for GuangYuYuan Chinese Herbal Medicine Co's Equity-to-Asset or its related term are showing as below:

SHSE:600771' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.66   Max: 0.83
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of GuangYuYuan Chinese Herbal Medicine Co was 0.83. The lowest was 0.08. And the median was 0.66.

SHSE:600771's Equity-to-Asset is ranked better than
51.52% of 1087 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs SHSE:600771: 0.59

GuangYuYuan Chinese Herbal Medicine Co Equity-to-Asset Historical Data

The historical data trend for GuangYuYuan Chinese Herbal Medicine 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.

GuangYuYuan Chinese Herbal Medicine Co Equity-to-Asset Chart

GuangYuYuan Chinese Herbal Medicine 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 0.52 0.49 0.56 0.52 0.57

GuangYuYuan Chinese Herbal Medicine 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 0.53 0.55 0.60 0.57 0.59

Competitive Comparison of GuangYuYuan Chinese Herbal Medicine Co's Equity-to-Asset

For the Drug Manufacturers - General subindustry, GuangYuYuan Chinese Herbal Medicine 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.


GuangYuYuan Chinese Herbal Medicine Co's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, GuangYuYuan Chinese Herbal Medicine Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where GuangYuYuan Chinese Herbal Medicine Co's Equity-to-Asset falls into.



GuangYuYuan Chinese Herbal Medicine 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.

GuangYuYuan Chinese Herbal Medicine 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
=1496.128/2628.414
=0.57

GuangYuYuan Chinese Herbal Medicine 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
=1537.431/2605.674
=0.59

* 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.


GuangYuYuan Chinese Herbal Medicine Co  (SHSE:600771) 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%.


GuangYuYuan Chinese Herbal Medicine Co Equity-to-Asset Related Terms

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GuangYuYuan Chinese Herbal Medicine Co (SHSE:600771) Business Description

Traded in Other Exchanges
N/A
Address
Gaoxin 6th Road, High-tech Zone, No. 52, Liren Technology Park, Building A, 6th Floor, Xi'an, Shaanxi, CHN
GuangYuYuan Chinese Herbal Medicine Co Ltd distributes pharmaceutical products. Its products include far plate turtle age wine bottle, niuhuang qingxin pills, boutique angong niuhuang wan, modified turtle age wine, ding kundan, and many more.

GuangYuYuan Chinese Herbal Medicine Co (SHSE:600771) Headlines

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