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Jiangxi Huangshanghuang Group Food Co (SZSE:002695) Equity-to-Asset : 0.85 (As of Mar. 2024)


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What is Jiangxi Huangshanghuang Group Food Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jiangxi Huangshanghuang Group Food Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,828 Mil. Jiangxi Huangshanghuang Group Food Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,336 Mil. Therefore, Jiangxi Huangshanghuang Group Food Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.85.

The historical rank and industry rank for Jiangxi Huangshanghuang Group Food Co's Equity-to-Asset or its related term are showing as below:

SZSE:002695' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.81   Max: 0.95
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of Jiangxi Huangshanghuang Group Food Co was 0.95. The lowest was 0.74. And the median was 0.81.

SZSE:002695's Equity-to-Asset is ranked better than
91.42% of 1924 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs SZSE:002695: 0.85

Jiangxi Huangshanghuang Group Food Co Equity-to-Asset Historical Data

The historical data trend for Jiangxi Huangshanghuang Group Food 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.

Jiangxi Huangshanghuang Group Food Co Equity-to-Asset Chart

Jiangxi Huangshanghuang Group Food 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 0.78 0.78 0.77 0.78 0.83

Jiangxi Huangshanghuang Group Food 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 0.81 0.81 0.85 0.83 0.85

Competitive Comparison of Jiangxi Huangshanghuang Group Food Co's Equity-to-Asset

For the Packaged Foods subindustry, Jiangxi Huangshanghuang Group Food 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.


Jiangxi Huangshanghuang Group Food Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangxi Huangshanghuang Group Food Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiangxi Huangshanghuang Group Food Co's Equity-to-Asset falls into.



Jiangxi Huangshanghuang Group Food 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.

Jiangxi Huangshanghuang Group Food 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
=2793.765/3361.303
=0.83

Jiangxi Huangshanghuang Group Food 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
=2828.46/3336.067
=0.85

* 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.


Jiangxi Huangshanghuang Group Food Co  (SZSE:002695) 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%.


Jiangxi Huangshanghuang Group Food Co Equity-to-Asset Related Terms

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Jiangxi Huangshanghuang Group Food Co (SZSE:002695) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Xiaolanzhong Avenue, Xiaolan Economic Development Zone, Nanchang County, Jiangxi, Nanchang City, CHN, 330052
Jiangxi Huangshanghuang Group Food Co Ltd is a food processing enterprise mainly engaged in the processing of livestock and poultry meat products. It offers fresh, packaging, and halogen fresh products, as well as fermented vegetables. Geographically, the activities are carried out through China.
Executives
Ceng Xi Hua Directors, executives
Fan Xu Ming Directors, executives
Wan Ming Qi Securities Affairs Representative
Zhang Qi Wu Directors, executives
Liu Chun Hua Supervisors
Wang Jin Ben Independent director
Xu Gui Fen Director
Yu Fu Xin Independent director

Jiangxi Huangshanghuang Group Food Co (SZSE:002695) Headlines

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