GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » ApicHope Pharmaceutical Co Ltd (SZSE:300723) » Definitions » Equity-to-Asset

ApicHope Pharmaceutical Co (SZSE:300723) Equity-to-Asset : 0.55 (As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is ApicHope Pharmaceutical Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ApicHope Pharmaceutical Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥2,474 Mil. ApicHope Pharmaceutical Co's Total Assets for the quarter that ended in Jun. 2024 was ¥4,501 Mil. Therefore, ApicHope Pharmaceutical Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.55.

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

SZSE:300723' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.57   Max: 0.86
Current: 0.55

During the past 11 years, the highest Equity to Asset Ratio of ApicHope Pharmaceutical Co was 0.86. The lowest was 0.17. And the median was 0.57.

SZSE:300723's Equity-to-Asset is ranked worse than
53.56% of 1066 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs SZSE:300723: 0.55

ApicHope Pharmaceutical Co Equity-to-Asset Historical Data

The historical data trend for ApicHope Pharmaceutical 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.

ApicHope Pharmaceutical Co Equity-to-Asset Chart

ApicHope Pharmaceutical 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 0.74 0.66 0.50 0.50 0.57

ApicHope Pharmaceutical Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.55 0.60 0.57 0.56 0.55

Competitive Comparison of ApicHope Pharmaceutical Co's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, ApicHope Pharmaceutical 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.


ApicHope Pharmaceutical Co's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, ApicHope Pharmaceutical Co's Equity-to-Asset distribution charts can be found below:

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



ApicHope Pharmaceutical 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.

ApicHope Pharmaceutical 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
=2522.087/4405.296
=0.57

ApicHope Pharmaceutical Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=2474.25/4501.293
=0.55

* 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.


ApicHope Pharmaceutical Co  (SZSE:300723) 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%.


ApicHope Pharmaceutical Co Equity-to-Asset Related Terms

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


ApicHope Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
Tianhe District Zhujiang New City Jinsui Road, 17th Floor, Star International Building, Guangdong Province, Guangzhou, CHN, 510623
ApicHope Pharmaceutical Co Ltd is a fully integrated, research-oriented pharmaceutical and healthcare company. It is engaged in the research and development, production, and sale of pharmaceutical products. The company focuses on pediatric diseases, recombinant vaccines and chronic diseases.
Executives
Yang De Ming Independent director
Zhang Ming Yuan Secretary Dong
Zhang Ying Ying Supervisors
Li Han Dong Director
Ke Rui Yu Supervisors
Zhang Hui Xing Executives

ApicHope Pharmaceutical Co Headlines

No Headlines