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Great Sun Foods Co (SHSE:603336) Equity-to-Asset : 0.62 (As of Mar. 2024)


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What is Great Sun Foods Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Great Sun Foods Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,155 Mil. Great Sun Foods Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,851 Mil. Therefore, Great Sun Foods Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.62.

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

SHSE:603336' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.71   Max: 0.97
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Great Sun Foods Co was 0.97. The lowest was 0.62. And the median was 0.71.

SHSE:603336's Equity-to-Asset is ranked better than
61.69% of 1924 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs SHSE:603336: 0.62

Great Sun Foods Co Equity-to-Asset Historical Data

The historical data trend for Great Sun Foods 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.

Great Sun Foods Co Equity-to-Asset Chart

Great Sun Foods 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 0.81 0.71 0.69 0.64 0.62

Great Sun Foods Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.65 0.65 0.65 0.62 0.62

Competitive Comparison of Great Sun Foods Co's Equity-to-Asset

For the Farm Products subindustry, Great Sun Foods 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.


Great Sun Foods Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Great Sun Foods Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Great Sun Foods Co's Equity-to-Asset falls into.



Great Sun Foods 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.

Great Sun Foods 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
=1148.625/1843.502
=0.62

Great Sun Foods Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1154.965/1851.128
=0.62

* 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.


Great Sun Foods Co  (SHSE:603336) 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%.


Great Sun Foods Co Equity-to-Asset Related Terms

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Great Sun Foods Co (SHSE:603336) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Yujin Middle Road, Longhu District, Guangdong Province, Shantou, CHN, 515041
Great Sun Foods Co Ltd is the Chinese company operating in the agricultural and sideline food processing industry. The company is engaged in the provision of plantation management, post-harvest acquisition, pre-cooling, frozen storage, pre-selection classification, processing and packaging and cold chain distribution. It provides more than 46 categories of fruits and 43 categories of vegetables, with different varieties from all parts of China and abroad.

Great Sun Foods Co (SHSE:603336) Headlines

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