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JiLin JiuTai Rural Commercial Bank (HKSE:06122) Equity-to-Asset : 0.06 (As of Dec. 2023)


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What is JiLin JiuTai Rural Commercial Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JiLin JiuTai Rural Commercial Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$17,618 Mil. JiLin JiuTai Rural Commercial Bank's Total Assets for the quarter that ended in Dec. 2023 was HK$295,074 Mil. Therefore, JiLin JiuTai Rural Commercial Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.06.

The historical rank and industry rank for JiLin JiuTai Rural Commercial Bank's Equity-to-Asset or its related term are showing as below:

HKSE:06122' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.07   Max: 0.08
Current: 0.06

During the past 11 years, the highest Equity to Asset Ratio of JiLin JiuTai Rural Commercial Bank was 0.08. The lowest was 0.05. And the median was 0.07.

HKSE:06122's Equity-to-Asset is ranked worse than
82.4% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs HKSE:06122: 0.06

JiLin JiuTai Rural Commercial Bank Equity-to-Asset Historical Data

The historical data trend for JiLin JiuTai Rural Commercial Bank'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.

JiLin JiuTai Rural Commercial Bank Equity-to-Asset Chart

JiLin JiuTai Rural Commercial Bank 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 0.08 0.07 0.06 0.06 0.06

JiLin JiuTai Rural Commercial Bank Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.06

Competitive Comparison of JiLin JiuTai Rural Commercial Bank's Equity-to-Asset

For the Banks - Regional subindustry, JiLin JiuTai Rural Commercial Bank'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.


JiLin JiuTai Rural Commercial Bank's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, JiLin JiuTai Rural Commercial Bank's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where JiLin JiuTai Rural Commercial Bank's Equity-to-Asset falls into.



JiLin JiuTai Rural Commercial Bank 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.

JiLin JiuTai Rural Commercial Bank'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
=17617.838/295074.188
=0.06

JiLin JiuTai Rural Commercial Bank'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
=17617.838/295074.188
=0.06

* 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.


JiLin JiuTai Rural Commercial Bank  (HKSE:06122) 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%.


JiLin JiuTai Rural Commercial Bank Equity-to-Asset Related Terms

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JiLin JiuTai Rural Commercial Bank (HKSE:06122) Business Description

Traded in Other Exchanges
Address
No. 2559 Wei Shan Road, High and New Technology Development Zone, Jilin Province, Changchun, CHN
JiLin JiuTai Rural Commercial Bank Corp Ltd is engaged in the provision of banking services. The company's operating segment includes Corporate banking; Retail banking; Treasury operations and Others. The bank offers loan business, deposits, certificates of deposits, and other related services. It generates maximum revenue from the Corporate banking segment. Geographically, the firm operates in Mainland China.

JiLin JiuTai Rural Commercial Bank (HKSE:06122) Headlines

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