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YuanShengTai Dairy Farm (HKSE:01431) Equity-to-Asset : 0.57 (As of Dec. 2023)


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What is YuanShengTai Dairy Farm Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. YuanShengTai Dairy Farm's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,212 Mil. YuanShengTai Dairy Farm's Total Assets for the quarter that ended in Dec. 2023 was HK$9,130 Mil. Therefore, YuanShengTai Dairy Farm's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.57.

The historical rank and industry rank for YuanShengTai Dairy Farm's Equity-to-Asset or its related term are showing as below:

HKSE:01431' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.85   Max: 0.9
Current: 0.57

During the past 12 years, the highest Equity to Asset Ratio of YuanShengTai Dairy Farm was 0.90. The lowest was 0.57. And the median was 0.85.

HKSE:01431's Equity-to-Asset is ranked better than
55.06% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs HKSE:01431: 0.57

YuanShengTai Dairy Farm Equity-to-Asset Historical Data

The historical data trend for YuanShengTai Dairy Farm'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.

YuanShengTai Dairy Farm Equity-to-Asset Chart

YuanShengTai Dairy Farm 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 0.87 0.85 0.76 0.64 0.57

YuanShengTai Dairy Farm Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.72 0.64 0.62 0.57

Competitive Comparison of YuanShengTai Dairy Farm's Equity-to-Asset

For the Farm Products subindustry, YuanShengTai Dairy Farm'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.


YuanShengTai Dairy Farm's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, YuanShengTai Dairy Farm's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where YuanShengTai Dairy Farm's Equity-to-Asset falls into.



YuanShengTai Dairy Farm 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.

YuanShengTai Dairy Farm'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
=5211.682/9129.748
=0.57

YuanShengTai Dairy Farm'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
=5211.682/9129.748
=0.57

* 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.


YuanShengTai Dairy Farm  (HKSE:01431) 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%.


YuanShengTai Dairy Farm Equity-to-Asset Related Terms

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YuanShengTai Dairy Farm (HKSE:01431) Business Description

Traded in Other Exchanges
N/A
Address
Qingxiang Street, Kedong County, Heilongjiang Province, Qiqihar, CHN
YuanShengTai Dairy Farm Ltd is a China-based dairy farming company. Along with its subsidiaries, it principally engages in the production and sale of milk in the People's Republic of China. Its dairy farms are in Heilongjiang and Jilin province, which includes Gannan Oumei Farm, Kedong Oumei Farm, Kedong YST Farm, Zhenlai Farm Phase I, Kedong Yongjin Farm, Baiquan Ruixincheng Farm, and Keshan Farm. The group generates revenue from its operations mainly in Mainland China.
Executives
Leng Youbin 2201 Interest of corporation controlled by you
China Feihe Limited 2101 Beneficial owner
Garland Glory Holdings Limited 2201 Interest of corporation controlled by you
Harneys Trustees Limited 2301 Trustee
Lyb International Holding Limited 2201 Interest of corporation controlled by you

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