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Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Equity-to-Asset : 0.98 (As of Dec. 2023)


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What is Yangzhou Guangling District Taihe Rural Micro-finance Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yangzhou Guangling District Taihe Rural Micro-finance Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$951.33 Mil. Yangzhou Guangling District Taihe Rural Micro-finance Co's Total Assets for the quarter that ended in Dec. 2023 was HK$970.09 Mil. Therefore, Yangzhou Guangling District Taihe Rural Micro-finance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.98.

The historical rank and industry rank for Yangzhou Guangling District Taihe Rural Micro-finance Co's Equity-to-Asset or its related term are showing as below:

HKSE:01915' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.98   Max: 0.98
Current: 0.98

During the past 10 years, the highest Equity to Asset Ratio of Yangzhou Guangling District Taihe Rural Micro-finance Co was 0.98. The lowest was 0.96. And the median was 0.98.

HKSE:01915's Equity-to-Asset is ranked better than
94.46% of 542 companies
in the Credit Services industry
Industry Median: 0.375 vs HKSE:01915: 0.98

Yangzhou Guangling District Taihe Rural Micro-finance Co Equity-to-Asset Historical Data

The historical data trend for Yangzhou Guangling District Taihe Rural Micro-finance 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.

Yangzhou Guangling District Taihe Rural Micro-finance Co Equity-to-Asset Chart

Yangzhou Guangling District Taihe Rural Micro-finance 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 0.98 0.97 0.98 0.98 0.98

Yangzhou Guangling District Taihe Rural Micro-finance Co Semi-Annual Data
Dec14 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 0.98 0.98 0.98 0.98 0.98

Competitive Comparison of Yangzhou Guangling District Taihe Rural Micro-finance Co's Equity-to-Asset

For the Credit Services subindustry, Yangzhou Guangling District Taihe Rural Micro-finance 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.


Yangzhou Guangling District Taihe Rural Micro-finance Co's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yangzhou Guangling District Taihe Rural Micro-finance Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Yangzhou Guangling District Taihe Rural Micro-finance Co's Equity-to-Asset falls into.



Yangzhou Guangling District Taihe Rural Micro-finance 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.

Yangzhou Guangling District Taihe Rural Micro-finance 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
=951.333/970.092
=0.98

Yangzhou Guangling District Taihe Rural Micro-finance 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
=951.333/970.092
=0.98

* 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.


Yangzhou Guangling District Taihe Rural Micro-finance Co  (HKSE:01915) 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%.


Yangzhou Guangling District Taihe Rural Micro-finance Co Equity-to-Asset Related Terms

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Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Business Description

Traded in Other Exchanges
N/A
Address
Beizhou Road, No. 1 Hong Qi Avenue, Lidian Town, Guangling District, Jiangsu Province, Yangzhou, CHN
Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd is engaged in microfinance business. The company offers micro and small loans in two formats, term loans, and loans under the credit facility to its customers. Its services are the granting of loans to Agriculture, Rural Areas and Farmers, provision of financial guarantees, acting as a financial institution agent, and other financial businesses. The Group's revenue is generated from the provision of loans to small and medium-sized and micro enterprises located at Yangzhou, Jiangsu Province in the PRC.

Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Headlines

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