The historical rank and industry rank for Jiangsu Yanghe Brewery JSC's Equity-to-Asset or its related term are showing as below:
SZSE:002304'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63 Med: 0.74 Max: 0.82
Current: 0.8
During the past 13 years, the highest Equity to Asset Ratio of Jiangsu Yanghe Brewery JSC was 0.82. The lowest was 0.63. And the median was 0.74.
SZSE:002304's Equity-to-Asset is ranked better than 85.58% of 215
companies
in the Beverages - Alcoholic industry
Industry Median: 0.5
vs SZSE:002304: 0.80
Jiangsu Yanghe Brewery JSC Equity-to-Asset Historical Data
* 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.
Competitive Comparison of Jiangsu Yanghe Brewery JSC's Equity-to-Asset
For the Beverages - Wineries & Distilleries subindustry, Jiangsu Yanghe Brewery 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.
Jiangsu Yanghe Brewery JSC's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiangsu Yanghe Brewery JSC's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Jiangsu Yanghe Brewery JSC's Equity-to-Asset falls into.
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.
Jiangsu Yanghe Brewery JSC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Jiangsu Yanghe Brewery JSC Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Jiangsu Yanghe Brewery JSC's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Jiangsu Yanghe Brewery JSC (SZSE:002304) Business Description
Jiangsu Yanghe Brewery, founded in 2002, manufactures and markets baijiu (a distilled Chinese liquor) under the Yanghe, Shuanggou, and Sujiu brands. Yanghe's key products include the Blue Classic series, which accounted for about 80% of total sales, such as premium Dream Blue, mid- to high-end Sky Blue, and mass-market Ocean Blue. The company achieved revenue of CNY 30 billion in 2022, with half of sales from the non-Jiangsu market, leveraging its more than 8,000 distributors across China.
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