GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LBX Pharmacy Chain JSC (SHSE:603883) » Definitions » Equity-to-Asset

LBX Pharmacy Chain JSC (SHSE:603883) Equity-to-Asset : 0.33 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is LBX Pharmacy Chain JSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LBX Pharmacy Chain JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥7,036 Mil. LBX Pharmacy Chain JSC's Total Assets for the quarter that ended in Mar. 2024 was ¥21,372 Mil. Therefore, LBX Pharmacy Chain JSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.33.

The historical rank and industry rank for LBX Pharmacy Chain JSC's Equity-to-Asset or its related term are showing as below:

SHSE:603883' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.36   Max: 0.63
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of LBX Pharmacy Chain JSC was 0.63. The lowest was 0.26. And the median was 0.36.

SHSE:603883's Equity-to-Asset is ranked worse than
66.67% of 675 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs SHSE:603883: 0.33

LBX Pharmacy Chain JSC Equity-to-Asset Historical Data

The historical data trend for LBX Pharmacy Chain JSC'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.

LBX Pharmacy Chain JSC Equity-to-Asset Chart

LBX Pharmacy Chain JSC 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 0.35 0.29 0.26 0.31 0.32

LBX Pharmacy Chain JSC 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 0.32 0.32 0.31 0.32 0.33

Competitive Comparison of LBX Pharmacy Chain JSC's Equity-to-Asset

For the Pharmaceutical Retailers subindustry, LBX Pharmacy Chain JSC'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.


LBX Pharmacy Chain JSC's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LBX Pharmacy Chain JSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where LBX Pharmacy Chain JSC's Equity-to-Asset falls into.



LBX Pharmacy Chain JSC 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.

LBX Pharmacy Chain JSC'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
=6701.236/21231
=0.32

LBX Pharmacy Chain JSC'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
=7035.514/21371.555
=0.33

* 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.


LBX Pharmacy Chain JSC  (SHSE:603883) 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%.


LBX Pharmacy Chain JSC Equity-to-Asset Related Terms

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


LBX Pharmacy Chain JSC (SHSE:603883) Business Description

Traded in Other Exchanges
N/A
Address
No. 288, Xiangya Road, Kaifu District, Hunan, Changsha, CHN, 410005
LBX Pharmacy Chain JSC is a China-based company engages in the sale of medicine and health products. The company is engaged in retailing drugs and other related products, including Chinese and Western medicine, prepared slices of Chinese crude drugs, health equipment, healthy food, and personal care products and life care products. The company is also involved in the wholesale and manufacture of drugs.

LBX Pharmacy Chain JSC (SHSE:603883) Headlines

No Headlines