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Tianjin Yiyi Hygiene Products Co (SZSE:001206) Equity-to-Asset : 0.88 (As of Sep. 2024)


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What is Tianjin Yiyi Hygiene Products Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tianjin Yiyi Hygiene Products Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,810 Mil. Tianjin Yiyi Hygiene Products Co's Total Assets for the quarter that ended in Sep. 2024 was ¥2,055 Mil. Therefore, Tianjin Yiyi Hygiene Products Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.88.

The historical rank and industry rank for Tianjin Yiyi Hygiene Products Co's Equity-to-Asset or its related term are showing as below:

SZSE:001206' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.88   Max: 0.92
Current: 0.88

During the past 7 years, the highest Equity to Asset Ratio of Tianjin Yiyi Hygiene Products Co was 0.92. The lowest was 0.54. And the median was 0.88.

SZSE:001206's Equity-to-Asset is ranked better than
94.28% of 1924 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs SZSE:001206: 0.88

Tianjin Yiyi Hygiene Products Co Equity-to-Asset Historical Data

The historical data trend for Tianjin Yiyi Hygiene Products 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.

Tianjin Yiyi Hygiene Products Co Equity-to-Asset Chart

Tianjin Yiyi Hygiene Products Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.76 0.78 0.88 0.90 0.89

Tianjin Yiyi Hygiene Products 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 0.91 0.89 0.90 0.90 0.88

Competitive Comparison of Tianjin Yiyi Hygiene Products Co's Equity-to-Asset

For the Household & Personal Products subindustry, Tianjin Yiyi Hygiene Products 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.


Tianjin Yiyi Hygiene Products Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tianjin Yiyi Hygiene Products Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tianjin Yiyi Hygiene Products Co's Equity-to-Asset falls into.



Tianjin Yiyi Hygiene Products 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.

Tianjin Yiyi Hygiene Products 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
=1771.182/1981.189
=0.89

Tianjin Yiyi Hygiene Products 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
=1809.93/2055.349
=0.88

* 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.


Tianjin Yiyi Hygiene Products Co  (SZSE:001206) 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%.


Tianjin Yiyi Hygiene Products Co Equity-to-Asset Related Terms

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Tianjin Yiyi Hygiene Products Co Business Description

Traded in Other Exchanges
N/A
Address
Zhangjiawo Town Industrial Zone, Xiqing District, Tianjin, CHN, 300380
Tianjin Yiyi Hygiene Products Co Ltd is engaged in the research and development, production and sales of disposable sanitary care products and non-woven fabrics.
Executives
Zhang Guo Rong Supervisors
Gao Fu Zhong Directors, executives
Wang Chun Jie Supervisors

Tianjin Yiyi Hygiene Products Co Headlines

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