GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Chimin Health Management Co Ltd (SHSE:603222) » Definitions » Equity-to-Asset

Chimin Health Management Co (SHSE:603222) Equity-to-Asset : 0.65 (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Chimin Health Management Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chimin Health Management Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,572.4 Mil. Chimin Health Management Co's Total Assets for the quarter that ended in Sep. 2024 was ¥2,427.6 Mil. Therefore, Chimin Health Management Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.65.

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

SHSE:603222' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.57   Max: 0.9
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Chimin Health Management Co was 0.90. The lowest was 0.38. And the median was 0.57.

SHSE:603222's Equity-to-Asset is ranked better than
51.72% of 872 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs SHSE:603222: 0.65

Chimin Health Management Co Equity-to-Asset Historical Data

The historical data trend for Chimin Health Management 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.

Chimin Health Management Co Equity-to-Asset Chart

Chimin Health Management 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 0.42 0.38 0.51 0.63 0.64

Chimin Health Management 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 0.64 0.64 0.63 0.64 0.65

Competitive Comparison of Chimin Health Management Co's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Chimin Health Management 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.


Chimin Health Management Co's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Chimin Health Management Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chimin Health Management Co's Equity-to-Asset falls into.



Chimin Health Management 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.

Chimin Health Management 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
=1576.049/2479.979
=0.64

Chimin Health Management 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
=1572.375/2427.594
=0.65

* 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.


Chimin Health Management Co  (SHSE:603222) 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%.


Chimin Health Management Co Equity-to-Asset Related Terms

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


Chimin Health Management Co Business Description

Traded in Other Exchanges
N/A
Address
No. 888, Beiyuan Road, Huangyan District, Zhejiang Province, Taizhou, CHN, 318020
Chimin Health Management Co Ltd is engaged in the pharmaceutical industry. It is engaged in the research and development, production and sales of human medicines and medical devices. Its product centers include large volume injection, medical instruments, Nephrology treatment, and medical service. The company has production bases in Taizhou, Shanghai and Spain.
Executives
Tian Yun Fei Director
Bie Yong senior management
Li Li Sha Director
Huang Yu Director
Ma Gui Yan senior management

Chimin Health Management Co Headlines

No Headlines