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Hailir Pesticides and Chemicals group Co (SHSE:603639) Equity-to-Asset : 0.53 (As of Sep. 2024)


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What is Hailir Pesticides and Chemicals group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hailir Pesticides and Chemicals group Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥3,441 Mil. Hailir Pesticides and Chemicals group Co's Total Assets for the quarter that ended in Sep. 2024 was ¥6,508 Mil. Therefore, Hailir Pesticides and Chemicals group Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.53.

The historical rank and industry rank for Hailir Pesticides and Chemicals group Co's Equity-to-Asset or its related term are showing as below:

SHSE:603639' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.61   Max: 0.76
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Hailir Pesticides and Chemicals group Co was 0.76. The lowest was 0.48. And the median was 0.61.

SHSE:603639's Equity-to-Asset is ranked better than
56.15% of 260 companies
in the Agriculture industry
Industry Median: 0.51 vs SHSE:603639: 0.53

Hailir Pesticides and Chemicals group Co Equity-to-Asset Historical Data

The historical data trend for Hailir Pesticides and Chemicals group 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.

Hailir Pesticides and Chemicals group Co Equity-to-Asset Chart

Hailir Pesticides and Chemicals group 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 0.64 0.61 0.59 0.55 0.52

Hailir Pesticides and Chemicals group 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 0.52 0.52 0.56 0.55 0.53

Competitive Comparison of Hailir Pesticides and Chemicals group Co's Equity-to-Asset

For the Agricultural Inputs subindustry, Hailir Pesticides and Chemicals group 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.


Hailir Pesticides and Chemicals group Co's Equity-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Hailir Pesticides and Chemicals group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hailir Pesticides and Chemicals group Co's Equity-to-Asset falls into.



Hailir Pesticides and Chemicals group 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.

Hailir Pesticides and Chemicals group 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
=3382.14/6448.632
=0.52

Hailir Pesticides and Chemicals group 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
=3441.311/6507.526
=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.


Hailir Pesticides and Chemicals group Co  (SHSE:603639) 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%.


Hailir Pesticides and Chemicals group Co Equity-to-Asset Related Terms

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Hailir Pesticides and Chemicals group Co Business Description

Traded in Other Exchanges
N/A
Address
No.216,Guocheng Road, In Chengdong Industrial Park, 2nd Floor, Hailir Mansion, Chengyang District, Shandong Province, Qingdao, CHN, 266109
Hailir Pesticides and Chemicals group Co Ltd is a Chinese pesticide production enterprise as well as an integrated agrochemical group. The principal activities of the company are research, development, produce and sell pesticides and functional fertilizers. Its range of products include fungicides, herbicides, insecticides, TC products, bioassay, and fertilizers among others.
Executives
Liu Yu Long Directors, senior managers
Tang An Rong senior management
Li Jian Guo Director
Xu Hong Tao Director
Ge Yao Lun Director
Zhang Ai Ying Director
Ge Jia Cheng Director

Hailir Pesticides and Chemicals group Co Headlines

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