Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Equity-to-Asset : 0.52 (As of Dec. 2023)

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What is Xiamen Yan Palace Birds Nest Industry Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Xiamen Yan Palace Birds Nest Industry Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$842 Mil. Xiamen Yan Palace Birds Nest Industry Co's Total Assets for the quarter that ended in Dec. 2023 was HK$1,608 Mil. Therefore, Xiamen Yan Palace Birds Nest Industry Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.

The historical rank and industry rank for Xiamen Yan Palace Birds Nest Industry Co's Equity-to-Asset or its related term are showing as below:

HKSE:01497' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.44 Max: 0.52
Current: 0.52

During the past 4 years, the highest Equity to Asset Ratio of Xiamen Yan Palace Birds Nest Industry Co was 0.52. The lowest was 0.32. And the median was 0.44.

HKSE:01497's Equity-to-Asset is ranked worse than
52.14% of 1918 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs HKSE:01497: 0.52

Xiamen Yan Palace Birds Nest Industry Co Equity-to-Asset Historical Data

The historical data trend for Xiamen Yan Palace Birds Nest Industry 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.

Xiamen Yan Palace Birds Nest Industry Co Equity-to-Asset Chart

Xiamen Yan Palace Birds Nest Industry Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.32

0.42

0.46

0.52

Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	0.32	0.42	0.46	0.52

Competitive Comparison of Xiamen Yan Palace Birds Nest Industry Co's Equity-to-Asset

For the Packaged Foods subindustry, Xiamen Yan Palace Birds Nest Industry 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.

Xiamen Yan Palace Birds Nest Industry Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Xiamen Yan Palace Birds Nest Industry Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Xiamen Yan Palace Birds Nest Industry Co's Equity-to-Asset falls into.

Xiamen Yan Palace Birds Nest Industry 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.

Xiamen Yan Palace Birds Nest Industry 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
	=	841.85	/	1607.847
	=	0.52

Xiamen Yan Palace Birds Nest Industry 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
	=	841.85	/	1607.847
	=	0.52

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) 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%.

Xiamen Yan Palace Birds Nest Industry Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Xiamen Yan Palace Birds Nest Industry Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xiamen Yan Palace Birds Nest Industry Co Ltd (HKSE:01497) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianpu Road, 22/F, Caizihui No. 188, Siming District, Fujian Province, Xiamen City, CHN

Website

http://www.yanzhiwu.com

Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Headlines

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