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Yihai Kerry Arawana Holdings Co (SZSE:300999) Equity-to-Asset : 0.41 (As of Mar. 2024)


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What is Yihai Kerry Arawana Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yihai Kerry Arawana Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥92,364 Mil. Yihai Kerry Arawana Holdings Co's Total Assets for the quarter that ended in Mar. 2024 was ¥226,125 Mil. Therefore, Yihai Kerry Arawana Holdings Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.41.

The historical rank and industry rank for Yihai Kerry Arawana Holdings Co's Equity-to-Asset or its related term are showing as below:

SZSE:300999' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.39   Max: 0.47
Current: 0.41

During the past 8 years, the highest Equity to Asset Ratio of Yihai Kerry Arawana Holdings Co was 0.47. The lowest was 0.35. And the median was 0.39.

SZSE:300999's Equity-to-Asset is ranked worse than
71.23% of 1915 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs SZSE:300999: 0.41

Yihai Kerry Arawana Holdings Co Equity-to-Asset Historical Data

The historical data trend for Yihai Kerry Arawana Holdings 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.

Yihai Kerry Arawana Holdings Co Equity-to-Asset Chart

Yihai Kerry Arawana Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.38 0.47 0.42 0.39 0.38

Yihai Kerry Arawana Holdings 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 0.39 0.37 0.38 0.38 0.41

Competitive Comparison of Yihai Kerry Arawana Holdings Co's Equity-to-Asset

For the Packaged Foods subindustry, Yihai Kerry Arawana Holdings 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.


Yihai Kerry Arawana Holdings Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Yihai Kerry Arawana Holdings Co's Equity-to-Asset falls into.



Yihai Kerry Arawana Holdings 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.

Yihai Kerry Arawana Holdings 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
=91495.717/238499.99
=0.38

Yihai Kerry Arawana Holdings 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
=92364.395/226124.513
=0.41

* 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.


Yihai Kerry Arawana Holdings Co  (SZSE:300999) 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%.


Yihai Kerry Arawana Holdings Co Equity-to-Asset Related Terms

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Yihai Kerry Arawana Holdings Co (SZSE:300999) Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, 1379 Bocheng Road, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200126
Yihai Kerry Arawana Holdings Co Ltd is engaged in research and development, production and sales of kitchen food, feed ingredients and oil technology products. The company is involved in oilseed pressing, edible oil refining, special oils, oil technology, corn deep processing, wheat deep processing, soybean deep processing, rice circular economy, food raw materials, grain and oil technology research and development and other industries. Its products cover small-packaged edible oil, rice, flour, dried noodles, rice noodles, soy milk, special grains and oils for catering, food raw materials, oil technology and many other fields. Its brands are Golden Dragon Fish, Ou Li Wei Lan, Orchid Flower, Fragrant Garden, Haihuang, Feng Yuan, Golden Flavor, Ruilong and Jie Jin 100.

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