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Bank of Jiujiang Co (HKSE:06190) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is Bank of Jiujiang Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bank of Jiujiang Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$43,922 Mil. Bank of Jiujiang Co's Total Assets for the quarter that ended in Dec. 2023 was HK$551,100 Mil. Therefore, Bank of Jiujiang Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

HKSE:06190' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.07   Max: 0.08
Current: 0.08

During the past 9 years, the highest Equity to Asset Ratio of Bank of Jiujiang Co was 0.08. The lowest was 0.06. And the median was 0.07.

HKSE:06190's Equity-to-Asset is ranked worse than
60.78% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs HKSE:06190: 0.08

Bank of Jiujiang Co Equity-to-Asset Historical Data

The historical data trend for Bank of Jiujiang 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.

Bank of Jiujiang Co Equity-to-Asset Chart

Bank of Jiujiang Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.07 0.06 0.08 0.07 0.08

Bank of Jiujiang Co Semi-Annual Data
Dec15 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 0.08 0.07 0.07 0.07 0.08

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

For the Banks - Regional subindustry, Bank of Jiujiang 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.


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

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

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



Bank of Jiujiang 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.

Bank of Jiujiang 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
=43922.309/551099.635
=0.08

Bank of Jiujiang 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
=43922.309/551099.635
=0.08

* 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.


Bank of Jiujiang Co  (HKSE:06190) 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%.


Bank of Jiujiang Co Equity-to-Asset Related Terms

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Bank of Jiujiang Co (HKSE:06190) Business Description

Traded in Other Exchanges
N/A
Address
No. 619 Changhong Avenue, Lianxi District, Jiangxi Province, Jiujiang, CHN, 332000
Bank of Jiujiang Co Ltd is a regional commercial bank dedicated to providing a full range of financial services to small and micro enterprises, individual operators and mass customers. It provides convenient 24-hour online services to customers through electronic banking channels such as online banking, telephone banking, mobile banking, self-service banking and WeChat banking. Its offerings include corporate loans, working capital loans, fixed asset loans, trade finance, demand deposits, time deposits, margin deposits, settlement services and letters of guarantee services. The operating business segments are Corporate banking business, Retail banking business, and Financial market business. The maximum revenue of the company is derived from the Corporate banking business.

Bank of Jiujiang Co (HKSE:06190) Headlines

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