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Shenzhen Bioeasy Biotechnology Co (SZSE:300942) Equity-to-Asset : 0.61 (As of Jun. 2024)


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What is Shenzhen Bioeasy Biotechnology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shenzhen Bioeasy Biotechnology Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥847.5 Mil. Shenzhen Bioeasy Biotechnology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,394.2 Mil. Therefore, Shenzhen Bioeasy Biotechnology Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.61.

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

SZSE:300942' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.79   Max: 0.86
Current: 0.61

During the past 8 years, the highest Equity to Asset Ratio of Shenzhen Bioeasy Biotechnology Co was 0.86. The lowest was 0.45. And the median was 0.79.

SZSE:300942's Equity-to-Asset is ranked worse than
54.16% of 1538 companies
in the Biotechnology industry
Industry Median: 0.67 vs SZSE:300942: 0.61

Shenzhen Bioeasy Biotechnology Co Equity-to-Asset Historical Data

The historical data trend for Shenzhen Bioeasy Biotechnology 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.

Shenzhen Bioeasy Biotechnology Co Equity-to-Asset Chart

Shenzhen Bioeasy Biotechnology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.85 0.78 0.82 0.75 0.63

Shenzhen Bioeasy Biotechnology 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 0.76 0.64 0.63 0.60 0.61

Competitive Comparison of Shenzhen Bioeasy Biotechnology Co's Equity-to-Asset

For the Biotechnology subindustry, Shenzhen Bioeasy Biotechnology 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.


Shenzhen Bioeasy Biotechnology Co's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shenzhen Bioeasy Biotechnology Co's Equity-to-Asset distribution charts can be found below:

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



Shenzhen Bioeasy Biotechnology 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.

Shenzhen Bioeasy Biotechnology 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
=848.994/1356.339
=0.63

Shenzhen Bioeasy Biotechnology 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
=847.483/1394.155
=0.61

* 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.


Shenzhen Bioeasy Biotechnology Co  (SZSE:300942) 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%.


Shenzhen Bioeasy Biotechnology Co Equity-to-Asset Related Terms

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Shenzhen Bioeasy Biotechnology Co Business Description

Traded in Other Exchanges
N/A
Address
Liuxian 1st Road, Xin'an Street, 101, Yirui Biological Building, Xingdong Community, Bao'an District, Guangdong Province, Shenzhen, CHN, 518101
Shenzhen Bioeasy Biotechnology Co Ltd is dedicated towards food and drug safety, clinical diagnosis, public safety and other fields. It produces and sells clinical diagnosis products. It develops testing products for nine areas closely related to people's lives which include food safety, agricultural product safety, dairy product safety, meat safety, aquatic product safety, honey safety, clinical diagnosis, drug safety, and public safety.
Executives
Fu Hui Directors, executives

Shenzhen Bioeasy Biotechnology Co Headlines

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