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Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Equity-to-Asset : 0.40 (As of Sep. 2024)


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What is Meinian Onehealth Healthcare Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Meinian Onehealth Healthcare Holdings Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥7,653 Mil. Meinian Onehealth Healthcare Holdings Co's Total Assets for the quarter that ended in Sep. 2024 was ¥19,015 Mil. Therefore, Meinian Onehealth Healthcare Holdings Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.40.

The historical rank and industry rank for Meinian Onehealth Healthcare Holdings Co's Equity-to-Asset or its related term are showing as below:

SZSE:002044' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.42   Max: 0.73
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Meinian Onehealth Healthcare Holdings Co was 0.73. The lowest was 0.36. And the median was 0.42.

SZSE:002044's Equity-to-Asset is ranked worse than
58.92% of 684 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs SZSE:002044: 0.40

Meinian Onehealth Healthcare Holdings Co Equity-to-Asset Historical Data

The historical data trend for Meinian Onehealth Healthcare Holdings 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.

Meinian Onehealth Healthcare Holdings Co Equity-to-Asset Chart

Meinian Onehealth Healthcare Holdings 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 0.39 0.37 0.43 0.40 0.40

Meinian Onehealth Healthcare Holdings 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 0.41 0.40 0.40 0.40 0.40

Competitive Comparison of Meinian Onehealth Healthcare Holdings Co's Equity-to-Asset

For the Medical Care Facilities subindustry, Meinian Onehealth Healthcare Holdings 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.


Meinian Onehealth Healthcare Holdings Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Meinian Onehealth Healthcare Holdings Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Meinian Onehealth Healthcare Holdings Co's Equity-to-Asset falls into.



Meinian Onehealth Healthcare Holdings 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.

Meinian Onehealth Healthcare Holdings 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
=7697.788/19456.66
=0.40

Meinian Onehealth Healthcare Holdings 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
=7652.56/19015.228
=0.40

* 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.


Meinian Onehealth Healthcare Holdings Co  (SZSE:002044) 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%.


Meinian Onehealth Healthcare Holdings Co Equity-to-Asset Related Terms

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Meinian Onehealth Healthcare Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 218 Renmin East Road, Jiangsu Province, Nantong, CHN, 200072
Meinian Onehealth Healthcare Holdings Co Ltd is engaged in the provision of physical examination and medical services. The firm provides health consultation, and health assessment services among others.
Executives
Ning Yi Executives
Lin Lin Executives
Xu Ke Director
Yu Rong Director
Guo Mei Ling Director
Hu Rui Lian Director
Yu Ji Ye Supervisors
Wen Hai Yan Executives
Li Jun De Director
Cui Lan Supervisors
Zhang Bin Yun Director
Shen Yong Yan Executives
Zhang Song Executives
Ge Qiu Executives
Xu Xiang Dong Directors, executives

Meinian Onehealth Healthcare Holdings Co Headlines

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