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CQ Pharmaceutical Holding Co (SZSE:000950) Equity-to-Asset : 0.18 (As of Mar. 2024)


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What is CQ Pharmaceutical Holding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CQ Pharmaceutical Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥11,349 Mil. CQ Pharmaceutical Holding Co's Total Assets for the quarter that ended in Mar. 2024 was ¥64,823 Mil. Therefore, CQ Pharmaceutical Holding Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.18.

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

SZSE:000950' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.26   Max: 0.44
Current: 0.18

During the past 13 years, the highest Equity to Asset Ratio of CQ Pharmaceutical Holding Co was 0.44. The lowest was 0.17. And the median was 0.26.

SZSE:000950's Equity-to-Asset is ranked worse than
85% of 100 companies
in the Medical Distribution industry
Industry Median: 0.385 vs SZSE:000950: 0.18

CQ Pharmaceutical Holding Co Equity-to-Asset Historical Data

The historical data trend for CQ Pharmaceutical Holding 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.

CQ Pharmaceutical Holding Co Equity-to-Asset Chart

CQ Pharmaceutical Holding 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 0.32 0.21 0.20 0.19 0.18

CQ Pharmaceutical Holding 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 0.18 0.17 0.17 0.18 0.18

Competitive Comparison of CQ Pharmaceutical Holding Co's Equity-to-Asset

For the Medical Distribution subindustry, CQ Pharmaceutical Holding 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.


CQ Pharmaceutical Holding Co's Equity-to-Asset Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, CQ Pharmaceutical Holding Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CQ Pharmaceutical Holding Co's Equity-to-Asset falls into.



CQ Pharmaceutical Holding 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.

CQ Pharmaceutical Holding 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
=11245.861/63523.68
=0.18

CQ Pharmaceutical Holding 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
=11348.822/64823.403
=0.18

* 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.


CQ Pharmaceutical Holding Co  (SZSE:000950) 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%.


CQ Pharmaceutical Holding Co Equity-to-Asset Related Terms

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


CQ Pharmaceutical Holding Co (SZSE:000950) Business Description

Traded in Other Exchanges
N/A
Address
333 Jinshi Avenue, Yubei District, Chongqing, CHN, 400010
CQ Pharmaceutical Holding Co Ltd distributes pharmaceutical products. It is the fixed-point reserve unit for drug and medical equipment of the central and Chongqing industries. The pharmaceutical business sector covers hospitals, pharmaceuticals, healthcare products, hospital sales, commercial wholesale, retail chains, terminal distribution, warehousing logistics and supply chain value-added services. Geographically, the group operates through China.

CQ Pharmaceutical Holding Co (SZSE:000950) Headlines

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