ZJLD Group (HKSE:06979) Equity-to-Asset : 0.72 (As of Dec. 2023)

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What is ZJLD Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ZJLD Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$13,864 Mil. ZJLD Group's Total Assets for the quarter that ended in Dec. 2023 was HK$19,226 Mil. Therefore, ZJLD Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.72.

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

HKSE:06979' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.89 Med: -0.05 Max: 0.72
Current: 0.72

During the past 4 years, the highest Equity to Asset Ratio of ZJLD Group was 0.72. The lowest was -0.89. And the median was -0.05.

HKSE:06979's Equity-to-Asset is ranked better than
76.39% of 216 companies
in the Beverages - Alcoholic industry
Industry Median: 0.52 vs HKSE:06979: 0.72

ZJLD Group Equity-to-Asset Historical Data

The historical data trend for ZJLD Group'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.

ZJLD Group Equity-to-Asset Chart

ZJLD Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.24

-0.89

-0.35

0.72

ZJLD Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-0.89	-	-0.35	0.74	0.72

Competitive Comparison of ZJLD Group's Equity-to-Asset

For the Beverages - Wineries & Distilleries subindustry, ZJLD Group'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.

ZJLD Group's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, ZJLD Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ZJLD Group's Equity-to-Asset falls into.

ZJLD Group 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.

ZJLD Group'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
	=	13864.472	/	19226.118
	=	0.72

ZJLD Group'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
	=	13864.472	/	19226.118
	=	0.72

ZJLD Group (HKSE:06979) 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%.

ZJLD Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of ZJLD Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

ZJLD Group (HKSE:06979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » ZJLD Group Inc (HKSE:06979) » Definitions » Equity-to-Asset

Traded in Other Exchanges

LH6:Germany

Address

No.15 Baiqiao Avenue, 8th Floor, Jiahe Guoxin Building, Dongcheng District, Beijing, CHN

Website

https://www.zjld.com

ZJLD Group Inc is a leading baijiu company in China devoted to offering premium baijiu products featuring a sauce aroma profile. The company aspires to carry forward a rich cultural heritage and turn every drop of aromatic baijiu into a joyful and memorable moment. Baijiu is China's national liquor and the world's most consumed liquor.

Executives

Wu Xiangdong	2201 Interest of corporation controlled by you
Jindong Investment Group Limited	2101 Beneficial owner
Jindong Investment Group Limited	2101 Beneficial owner
Zhenjiu Holding Limited	2101 Beneficial owner
Zhenjiu Holding Limited	2101 Beneficial owner
Kkr Afiv Zest Aiv (gp) Limited	2201 Interest of corporation controlled by you
Kkr Asian Fund Iv Zest Aiv L.p.	2201 Interest of corporation controlled by you
Maplesfs Limited	2301 Trustee
Zest Holdings I Pte. Ltd.	2201 Interest of corporation controlled by you
Zest Holdings Ii Pte. Ltd.	2101 Beneficial owner

ZJLD Group (HKSE:06979) Headlines

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