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Guizhou Chitianhua Co (SHSE:600227) Equity-to-Asset : 0.53 (As of Sep. 2024)


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What is Guizhou Chitianhua Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Guizhou Chitianhua Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,621 Mil. Guizhou Chitianhua Co's Total Assets for the quarter that ended in Sep. 2024 was ¥4,946 Mil. Therefore, Guizhou Chitianhua Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.53.

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

SHSE:600227' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.65   Max: 0.74
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Guizhou Chitianhua Co was 0.74. The lowest was 0.37. And the median was 0.65.

SHSE:600227's Equity-to-Asset is ranked better than
56.15% of 260 companies
in the Agriculture industry
Industry Median: 0.51 vs SHSE:600227: 0.53

Guizhou Chitianhua Co Equity-to-Asset Historical Data

The historical data trend for Guizhou Chitianhua 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.

Guizhou Chitianhua Co Equity-to-Asset Chart

Guizhou Chitianhua 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 0.67 0.69 0.69 0.61 0.56

Guizhou Chitianhua Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.54 0.56 0.55 0.54 0.53

Competitive Comparison of Guizhou Chitianhua Co's Equity-to-Asset

For the Agricultural Inputs subindustry, Guizhou Chitianhua 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.


Guizhou Chitianhua Co's Equity-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Guizhou Chitianhua Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Guizhou Chitianhua Co's Equity-to-Asset falls into.



Guizhou Chitianhua 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.

Guizhou Chitianhua 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
=2671.656/4736.517
=0.56

Guizhou Chitianhua Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=2620.832/4946.316
=0.53

* 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.


Guizhou Chitianhua Co  (SHSE:600227) 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%.


Guizhou Chitianhua Co Equity-to-Asset Related Terms

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Guizhou Chitianhua Co Business Description

Traded in Other Exchanges
N/A
Address
No. 310 Xintian Avenue, Wudang District, Guizhou Province, Guiyang, CHN, 564707
Guizhou Chitianhua Co Ltd, formerly Guizhou Salvage Pharmaceutical Co Ltd primarily produces and sells urea in China. It offers nitrogenous fertilizer, phosphate fertilizer, compound fertilizer, synthetic ammonia, sulfur, and other chemical products and raw materials; fine chemical products; industrial hydrogen; and packing bags and plastic sheets.
Executives
Wu Hong Yan Directors, senior managers
Lin Yang senior management
Chen Hong Lin senior management
Ye Yong senior management
Xian Zheng Hong senior management
Gao Min Hong Directors, senior managers
Che Bi Lu senior management
Sun De Sheng Director

Guizhou Chitianhua Co Headlines

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