Alibaba Health Information Technology (HKSE:00241) Equity-to-Asset : 0.75 (As of Sep. 2023)

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What is Alibaba Health Information Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alibaba Health Information Technology's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$17,258 Mil. Alibaba Health Information Technology's Total Assets for the quarter that ended in Sep. 2023 was HK$22,998 Mil. Therefore, Alibaba Health Information Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.75.

The historical rank and industry rank for Alibaba Health Information Technology's Equity-to-Asset or its related term are showing as below:

HKSE:00241' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47 Med: 0.74 Max: 0.95
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Alibaba Health Information Technology was 0.95. The lowest was 0.47. And the median was 0.74.

HKSE:00241's Equity-to-Asset is ranked better than
83.23% of 674 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs HKSE:00241: 0.75

Alibaba Health Information Technology Equity-to-Asset Historical Data

The historical data trend for Alibaba Health Information Technology'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.

Alibaba Health Information Technology Equity-to-Asset Chart

Alibaba Health Information Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.47

0.67

0.81

0.73

Alibaba Health Information Technology Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.72	0.73	0.74	0.73	0.75

Competitive Comparison of Alibaba Health Information Technology's Equity-to-Asset

For the Pharmaceutical Retailers subindustry, Alibaba Health Information Technology'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.

Alibaba Health Information Technology's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alibaba Health Information Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alibaba Health Information Technology's Equity-to-Asset falls into.

Alibaba Health Information Technology 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.

Alibaba Health Information Technology's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	17282.622	/	23631.661
	=	0.73

Alibaba Health Information Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	17258.497	/	22998.481
	=	0.75

Alibaba Health Information Technology (HKSE:00241) 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%.

Alibaba Health Information Technology Equity-to-Asset Related Terms

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Alibaba Health Information Technology (HKSE:00241) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alibaba Health Information Technology Ltd (HKSE:00241) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ALBBY:USA ALBHF:USA TWY:Germany

Address

Guanghua Road, 65/F, CITIC Tower, Building 1, No.10, Jianwai Subdistrict, Chaoyang District, Beijing, CHN

Website

https://www.alihealth.cn

Alibaba Health is of one of China's leading e-commerce platform specializing in healthcare-related products, including prescription drugs, OTC drugs, traditional Chinese medicine, health foods, and so on. The company operates both a third-party B2C service, or 3P, and its own direct-to-consumer business, or 1P, with its own inventory, which can both be accessed by Alibaba's Tmall app and Alipay. The company also provides online consultation services in a separate app called Yilu or "Dr. Deer", although its e-commerce businesses remain its core competency in the long-term. E-commerce accounted for 97% of revenue in fiscal year 2022. We estimate that AliHealth holds about 45% of market share in the industry in terms of GMV. AliHealth is 63.74% owned by its parent company, Alibaba Group.

Alibaba Health Information Technology (HKSE:00241) Headlines

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