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Yunda Holding Co (SZSE:002120) Equity-to-Asset : 0.52 (As of Mar. 2024)


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What is Yunda Holding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yunda Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥19,592 Mil. Yunda Holding Co's Total Assets for the quarter that ended in Mar. 2024 was ¥37,731 Mil. Therefore, Yunda Holding Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.52.

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

SZSE:002120' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.55   Max: 0.71
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Yunda Holding Co was 0.71. The lowest was 0.43. And the median was 0.55.

SZSE:002120's Equity-to-Asset is ranked better than
55.77% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs SZSE:002120: 0.52

Yunda Holding Co Equity-to-Asset Historical Data

The historical data trend for Yunda 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.

Yunda Holding Co Equity-to-Asset Chart

Yunda 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 0.60 0.47 0.44 0.45 0.50

Yunda 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 0.47 0.47 0.49 0.50 0.52

Competitive Comparison of Yunda Holding Co's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, Yunda 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.


Yunda Holding Co's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yunda Holding Co's Equity-to-Asset distribution charts can be found below:

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



Yunda 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.

Yunda 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
=19165.287/38078.434
=0.50

Yunda 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
=19592.369/37731.43
=0.52

* 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.


Yunda Holding Co  (SZSE:002120) 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%.


Yunda Holding Co Equity-to-Asset Related Terms

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Yunda Holding Co (SZSE:002120) Business Description

Traded in Other Exchanges
N/A
Address
No.8 South Yongqing Road, Chongshou Town, Cixi, Ningbo, CHN, 315300
Yunda is one of the "Tongdas", which refers to the top four national express delivery companies that adopt the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect the customer payments. Unlike some other peers, Yunda controls 100% of its hub-level transit centers, ensuring higher quality assurance. The company was founded by couple Nie Tengyun and Chen Liying. Nie remains the Chairman and President, with a 54.8% stake as of Sept. 30, 2023. Yunda's strategic shareholder is leading China e-commerce company, Alibaba Group, with around a 1.99% interest.

Yunda Holding Co (SZSE:002120) Headlines

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