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Sichuan Swellfun Co (SHSE:600779) Equity-to-Asset : 0.55 (As of Mar. 2024)


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What is Sichuan Swellfun Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sichuan Swellfun Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,508 Mil. Sichuan Swellfun Co's Total Assets for the quarter that ended in Mar. 2024 was ¥8,277 Mil. Therefore, Sichuan Swellfun Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.55.

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

SHSE:600779' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.56   Max: 0.79
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Sichuan Swellfun Co was 0.79. The lowest was 0.39. And the median was 0.56.

SHSE:600779's Equity-to-Asset is ranked better than
56.28% of 215 companies
in the Beverages - Alcoholic industry
Industry Median: 0.5 vs SHSE:600779: 0.55

Sichuan Swellfun Co Equity-to-Asset Historical Data

The historical data trend for Sichuan Swellfun 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.

Sichuan Swellfun Co Equity-to-Asset Chart

Sichuan Swellfun 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 0.54 0.49 0.45 0.49 0.52

Sichuan Swellfun 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 0.53 0.47 0.52 0.52 0.55

Competitive Comparison of Sichuan Swellfun Co's Equity-to-Asset

For the Beverages - Brewers subindustry, Sichuan Swellfun 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.


Sichuan Swellfun Co's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sichuan Swellfun Co's Equity-to-Asset distribution charts can be found below:

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



Sichuan Swellfun 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.

Sichuan Swellfun 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
=4394.355/8424.917
=0.52

Sichuan Swellfun 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
=4507.846/8276.579
=0.54

* 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.


Sichuan Swellfun Co  (SHSE:600779) 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%.


Sichuan Swellfun Co Equity-to-Asset Related Terms

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Sichuan Swellfun Co (SHSE:600779) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Quanxing Road, Jinniu District, Chengdu, Sichuan, CHN, 610036
Located in Chengdu, Sichuan Swellfun, or Swellfun, is one of the six most famous baijiu distillers in Sichuan province. The company produces rich-flavored baijiu, with a strong focus on midrange to subpremium markets. The global distiller giant Diageo is the controlling shareholder with 63% of equity stake as of December 2022, which makes Swellfun the only foreign-controlled baijiu producer in China.

Sichuan Swellfun Co (SHSE:600779) Headlines

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