Yangzijiang Financial Holding (SGX:YF8) Equity-to-Asset : 0.92 (As of Dec. 2023)

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What is Yangzijiang Financial Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yangzijiang Financial Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$3,836.1 Mil. Yangzijiang Financial Holding's Total Assets for the quarter that ended in Dec. 2023 was S$4,176.0 Mil. Therefore, Yangzijiang Financial Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.92.

The historical rank and industry rank for Yangzijiang Financial Holding's Equity-to-Asset or its related term are showing as below:

SGX:YF8' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.92 Med: 0.97 Max: 0.97
Current: 0.92

During the past 5 years, the highest Equity to Asset Ratio of Yangzijiang Financial Holding was 0.97. The lowest was 0.92. And the median was 0.97.

SGX:YF8's Equity-to-Asset is ranked better than
65.68% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs SGX:YF8: 0.92

Yangzijiang Financial Holding Equity-to-Asset Historical Data

The historical data trend for Yangzijiang Financial Holding'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.

Yangzijiang Financial Holding Equity-to-Asset Chart

Yangzijiang Financial Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.97

0.92

Yangzijiang Financial Holding Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.97	0.94	0.92	0.93	0.92

Competitive Comparison of Yangzijiang Financial Holding's Equity-to-Asset

For the Asset Management subindustry, Yangzijiang Financial Holding'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.

Yangzijiang Financial Holding's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Yangzijiang Financial Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Yangzijiang Financial Holding's Equity-to-Asset falls into.

Yangzijiang Financial Holding 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.

Yangzijiang Financial Holding'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
	=	3836.052	/	4175.995
	=	0.92

Yangzijiang Financial Holding'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
	=	3836.052	/	4175.995
	=	0.92

Yangzijiang Financial Holding (SGX:YF8) 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%.

Yangzijiang Financial Holding Equity-to-Asset Related Terms

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Yangzijiang Financial Holding (SGX:YF8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Yangzijiang Financial Holding Ltd (SGX:YF8) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

YNGFF:USA

Address

9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619

Website

https://www.yzjfin.com

Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

Yangzijiang Financial Holding (SGX:YF8) Headlines

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