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Jinshang Bank Co (HKSE:02558) Equity-to-Asset : 0.07 (As of Dec. 2023)


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What is Jinshang Bank Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jinshang Bank Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$27,122 Mil. Jinshang Bank Co's Total Assets for the quarter that ended in Dec. 2023 was HK$395,188 Mil. Therefore, Jinshang Bank Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.

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

HKSE:02558' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.07   Max: 0.08
Current: 0.07

During the past 8 years, the highest Equity to Asset Ratio of Jinshang Bank Co was 0.08. The lowest was 0.06. And the median was 0.07.

HKSE:02558's Equity-to-Asset is ranked worse than
72.89% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs HKSE:02558: 0.07

Jinshang Bank Co Equity-to-Asset Historical Data

The historical data trend for Jinshang Bank 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.

Jinshang Bank Co Equity-to-Asset Chart

Jinshang Bank Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.08 0.08 0.07 0.07 0.07

Jinshang Bank Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.07 0.07 0.07 0.07 0.07

Competitive Comparison of Jinshang Bank Co's Equity-to-Asset

For the Banks - Regional subindustry, Jinshang Bank 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.


Jinshang Bank Co's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jinshang Bank Co's Equity-to-Asset distribution charts can be found below:

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



Jinshang Bank 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.

Jinshang Bank 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
=27122.018/395187.814
=0.07

Jinshang Bank Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=27122.018/395187.814
=0.07

* 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.


Jinshang Bank Co  (HKSE:02558) 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%.


Jinshang Bank Co Equity-to-Asset Related Terms

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Jinshang Bank Co (HKSE:02558) Business Description

Traded in Other Exchanges
N/A
Address
No. 59 Changfeng Street, Xiaodian District, Shanxi Province, Taiyuan, CHN, 030000
Jinshang Bank Co Ltd operates as a commercial bank. It offers deposits, loans, credit card, and other banking services. The bank's operating segments are Corporate banking, Retail banking, Treasury business, and others segment. It generates a majority of its revenue from the corporate banking segment which is engaged in the provision of a range of financial products and services to corporations, government agencies, and financial institutions. These products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services and guarantee services among others.

Jinshang Bank Co (HKSE:02558) Headlines

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