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Beingmate Co (SZSE:002570) Equity-to-Asset : 0.42 (As of Sep. 2024)


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What is Beingmate Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beingmate Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,542 Mil. Beingmate Co's Total Assets for the quarter that ended in Sep. 2024 was ¥3,643 Mil. Therefore, Beingmate Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.42.

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

SZSE:002570' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.41   Max: 0.76
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Beingmate Co was 0.76. The lowest was 0.35. And the median was 0.41.

SZSE:002570's Equity-to-Asset is ranked worse than
67.58% of 1931 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs SZSE:002570: 0.42

Beingmate Co Equity-to-Asset Historical Data

The historical data trend for Beingmate 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.

Beingmate Co Equity-to-Asset Chart

Beingmate 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 0.36 0.44 0.40 0.41

Beingmate 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 0.41 0.42 0.41 0.42

Competitive Comparison of Beingmate Co's Equity-to-Asset

For the Packaged Foods subindustry, Beingmate 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.


Beingmate Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Beingmate 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.

Beingmate 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
=1590.911/3900.1
=0.41

Beingmate 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
=1541.824/3643.241
=0.42

* 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.


Beingmate Co  (SZSE:002570) 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%.


Beingmate Co Equity-to-Asset Related Terms

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


Beingmate Co Business Description

Traded in Other Exchanges
N/A
Address
Building 10, Number 1, Weiye Road, Binjiang District, Zhejiang, Hangzhou, CHN, 310 053
Beingmate Co Ltd is engaged in the research, development, production, and sale of children's food and nutritious food products in China. The company also wholesales and retails pre-packaged foods; and dairy products, including infant formula milk powder, as well as provides related consulting services.
Executives
Gao Qiang Independent director
He Xiao Hua Director
Zhang Hong Zhao Executives
Bao Chen Directors, Directors, and Executives
Huang Dao Directors, executives
Li Zhong Ying Supervisors
Shen Li Jun Directors, executives
Chai Ling Ying Supervisors
Lin Bi Qing Director
Zhang Jian Ping Independent director
Ruan Jian Hua Executives
Chen Hui Xiang Director
Zheng Yan Hai Supervisors

Beingmate Co Headlines

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