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Goodwill E-Health Info Co (SHSE:688246) Equity-to-Asset : 0.68 (As of Mar. 2024)


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What is Goodwill E-Health Info Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Goodwill E-Health Info Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,816.5 Mil. Goodwill E-Health Info Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,692.1 Mil. Therefore, Goodwill E-Health Info Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.68.

The historical rank and industry rank for Goodwill E-Health Info Co's Equity-to-Asset or its related term are showing as below:

SHSE:688246' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.68   Max: 0.77
Current: 0.68

During the past 7 years, the highest Equity to Asset Ratio of Goodwill E-Health Info Co was 0.77. The lowest was 0.37. And the median was 0.68.

SHSE:688246's Equity-to-Asset is ranked better than
69.03% of 2851 companies
in the Software industry
Industry Median: 0.55 vs SHSE:688246: 0.68

Goodwill E-Health Info Co Equity-to-Asset Historical Data

The historical data trend for Goodwill E-Health Info 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.

Goodwill E-Health Info Co Equity-to-Asset Chart

Goodwill E-Health Info Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.39 0.44 0.71 0.72 0.69

Goodwill E-Health Info Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 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 0.75 0.74 0.75 0.69 0.68

Competitive Comparison of Goodwill E-Health Info Co's Equity-to-Asset

For the Software - Application subindustry, Goodwill E-Health Info 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.


Goodwill E-Health Info Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Goodwill E-Health Info Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Goodwill E-Health Info Co's Equity-to-Asset falls into.



Goodwill E-Health Info 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.

Goodwill E-Health Info 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
=1835.24/2646.904
=0.69

Goodwill E-Health Info 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
=1816.532/2692.098
=0.67

* 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.


Goodwill E-Health Info Co  (SHSE:688246) 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%.


Goodwill E-Health Info Co Equity-to-Asset Related Terms

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Goodwill E-Health Info Co (SHSE:688246) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Kaifeng Road, Room 1201, 2nd Floor, Building 1, Shangdi Information Industry Base, Haidian District, Beijing, CHN, 100085
Goodwill E-Health Info Co Ltd is a computer software technology development company. The company's products and services include technology transfer, technical consulting, technical services, application software services, and wholesale electronic products.
Executives
Chen Lian Zhong Core technical personnel
Ren Yong Directors, senior managers
Nie Ya Lun senior management
Ma Long Biao Core technical personnel
Li Jing senior management
Zhang Lei Director, core technical staff
Xia Jun Directors, senior managers
Wang Kun Core technical personnel
Hu Ke Yun Core technical personnel

Goodwill E-Health Info Co (SHSE:688246) Headlines

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