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Muyuan Foods Co (SZSE:002714) Equity-to-Asset : 0.31 (As of Mar. 2024)


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What is Muyuan Foods Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Muyuan Foods Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥61,177 Mil. Muyuan Foods Co's Total Assets for the quarter that ended in Mar. 2024 was ¥196,664 Mil. Therefore, Muyuan Foods Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.31.

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

SZSE:002714' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.41   Max: 0.53
Current: 0.31

During the past 13 years, the highest Equity to Asset Ratio of Muyuan Foods Co was 0.53. The lowest was 0.26. And the median was 0.41.

SZSE:002714's Equity-to-Asset is ranked worse than
79.53% of 1915 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs SZSE:002714: 0.31

Muyuan Foods Co Equity-to-Asset Historical Data

The historical data trend for Muyuan Foods 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.

Muyuan Foods Co Equity-to-Asset Chart

Muyuan Foods 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 0.44 0.39 0.31 0.37 0.32

Muyuan Foods 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 0.36 0.33 0.34 0.32 0.31

Competitive Comparison of Muyuan Foods Co's Equity-to-Asset

For the Farm Products subindustry, Muyuan Foods 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.


Muyuan Foods Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Muyuan Foods 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.

Muyuan Foods 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
=62828.051/195404.554
=0.32

Muyuan Foods 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
=61177.227/196664.429
=0.31

* 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.


Muyuan Foods Co  (SZSE:002714) 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%.


Muyuan Foods Co Equity-to-Asset Related Terms

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Muyuan Foods Co (SZSE:002714) Business Description

Traded in Other Exchanges
N/A
Address
Longsheng Industrial Park, Wolong District, Nanyang, CHN, 473000
Muyuan Foods is the largest hog producer in China and operates an integrated model, stretching from feed processing, swine medicine development, and sow breeding, to hog raising and slaughtering. The company derives over 80% of its sales from hog production and has increased its exposure to hog processing in recent years. In recent years, feed processing has also taken up a mid-single-digit percentage of sales. Muyuan's hog output has increased 46 times between 2013 and 2022.

Muyuan Foods Co (SZSE:002714) Headlines

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