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Wenzhou Kangning Hospital Co (HKSE:02120) Equity-to-Asset : 0.41 (As of Dec. 2024)


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What is Wenzhou Kangning Hospital Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wenzhou Kangning Hospital Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$1,306 Mil. Wenzhou Kangning Hospital Co's Total Assets for the quarter that ended in Dec. 2024 was HK$3,208 Mil. Therefore, Wenzhou Kangning Hospital Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.41.

The historical rank and industry rank for Wenzhou Kangning Hospital Co's Equity-to-Asset or its related term are showing as below:

HKSE:02120' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.53   Max: 0.78
Current: 0.41

During the past 11 years, the highest Equity to Asset Ratio of Wenzhou Kangning Hospital Co was 0.78. The lowest was 0.41. And the median was 0.53.

HKSE:02120's Equity-to-Asset is ranked worse than
58.49% of 689 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs HKSE:02120: 0.41

Wenzhou Kangning Hospital Co Equity-to-Asset Historical Data

The historical data trend for Wenzhou Kangning Hospital 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.

Wenzhou Kangning Hospital Co Equity-to-Asset Chart

Wenzhou Kangning Hospital Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.51 0.46 0.42 0.41

Wenzhou Kangning Hospital Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.46 0.45 0.42 0.43 0.41

Competitive Comparison of Wenzhou Kangning Hospital Co's Equity-to-Asset

For the Medical Care Facilities subindustry, Wenzhou Kangning Hospital 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.


Wenzhou Kangning Hospital Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wenzhou Kangning Hospital Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Wenzhou Kangning Hospital Co's Equity-to-Asset falls into.


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Wenzhou Kangning Hospital 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.

Wenzhou Kangning Hospital Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=1305.777/3208.304
=0.41

Wenzhou Kangning Hospital Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=1305.777/3208.304
=0.41

* 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.


Wenzhou Kangning Hospital Co  (HKSE:02120) 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%.


Wenzhou Kangning Hospital Co Equity-to-Asset Related Terms

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Wenzhou Kangning Hospital Co Business Description

Traded in Other Exchanges
N/A
Address
Shengjin Road, Huanglong Residential District, Zhejiang, Wenzhou, CHN
Wenzhou Kangning Hospital Co Ltd is engaged in operating and managing a network of healthcare facilities that focus on providing psychiatric specialty care and elderly rehabilitation service across various regions in China. The company operates only in one reporting segment. The Group generates revenue mainly through the following three ways- revenue from operating its owned hospitals; revenue from other healthcare related business; and other revenue not related to healthcare business.
Executives
Kangning Success Holding Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2301 Trustee
Ubs Group Ag 2201 Interest of corporation controlled by you
Zou Haili 2101 Beneficial owner

Wenzhou Kangning Hospital Co Headlines

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