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Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) Equity-to-Asset : 0.29 (As of Mar. 2024)


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What is Jianzhijia Pharmaceutical Chain Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jianzhijia Pharmaceutical Chain Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,913 Mil. Jianzhijia Pharmaceutical Chain Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥10,056 Mil. Therefore, Jianzhijia Pharmaceutical Chain Group Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.29.

The historical rank and industry rank for Jianzhijia Pharmaceutical Chain Group Co's Equity-to-Asset or its related term are showing as below:

SHSE:605266' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.29   Max: 0.41
Current: 0.29

During the past 10 years, the highest Equity to Asset Ratio of Jianzhijia Pharmaceutical Chain Group Co was 0.41. The lowest was 0.16. And the median was 0.29.

SHSE:605266's Equity-to-Asset is ranked worse than
69.71% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs SHSE:605266: 0.29

Jianzhijia Pharmaceutical Chain Group Co Equity-to-Asset Historical Data

The historical data trend for Jianzhijia Pharmaceutical Chain Group 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.

Jianzhijia Pharmaceutical Chain Group Co Equity-to-Asset Chart

Jianzhijia Pharmaceutical Chain Group 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 0.30 0.39 0.37 0.27 0.29

Jianzhijia Pharmaceutical Chain Group Co Quarterly Data
Dec18 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 0.28 0.28 0.29 0.29 0.29

Competitive Comparison of Jianzhijia Pharmaceutical Chain Group Co's Equity-to-Asset

For the Pharmaceutical Retailers subindustry, Jianzhijia Pharmaceutical Chain Group 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.


Jianzhijia Pharmaceutical Chain Group Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Jianzhijia Pharmaceutical Chain Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jianzhijia Pharmaceutical Chain Group Co's Equity-to-Asset falls into.



Jianzhijia Pharmaceutical Chain Group 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.

Jianzhijia Pharmaceutical Chain Group 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
=2861.13/9948.935
=0.29

Jianzhijia Pharmaceutical Chain Group 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
=2913.39/10055.747
=0.29

* 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.


Jianzhijia Pharmaceutical Chain Group Co  (SHSE:605266) 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%.


Jianzhijia Pharmaceutical Chain Group Co Equity-to-Asset Related Terms

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Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Qiying Street, Union Street, Panlong District, Yunnan Province, Kunming, CHN, 650224
Jianzhijia Pharmaceutical Chain Group Co Ltd is engaged in the retail chain business of health products such as medicines, health foods, personal care products, household health products, convenience foods, and daily consumables and provides related professional services.
Executives
Jin Yu Mei Supervisors
Chai Zhi Qi senior management
Shi Yan Chun senior management
Hu Yu Ming senior management
Fang Li Supervisors
Sun Li Supervisors
Jiang Yan Yin senior management
Li Heng Director
Zhang Yun Hong Director
Wang Yan Ping Director
Lan Bo Directors, senior managers
Yan Wen senior management

Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) Headlines

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