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Anhui Huaren Health Pharmaceutical Co (SZSE:301408) Equity-to-Asset : 0.40 (As of Sep. 2024)


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What is Anhui Huaren Health Pharmaceutical Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Anhui Huaren Health Pharmaceutical Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,976 Mil. Anhui Huaren Health Pharmaceutical Co's Total Assets for the quarter that ended in Sep. 2024 was ¥4,961 Mil. Therefore, Anhui Huaren Health Pharmaceutical Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.40.

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

SZSE:301408' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.42   Max: 0.51
Current: 0.4

During the past 6 years, the highest Equity to Asset Ratio of Anhui Huaren Health Pharmaceutical Co was 0.51. The lowest was 0.36. And the median was 0.42.

SZSE:301408'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:301408: 0.40

Anhui Huaren Health Pharmaceutical Co Equity-to-Asset Historical Data

The historical data trend for Anhui Huaren Health 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.

Anhui Huaren Health Pharmaceutical Co Equity-to-Asset Chart

Anhui Huaren Health Pharmaceutical Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.50 0.42 0.40 0.37 0.42

Anhui Huaren Health Pharmaceutical Co Quarterly Data
Dec18 Dec19 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 0.43 0.42 0.40 0.42 0.40

Competitive Comparison of Anhui Huaren Health Pharmaceutical Co's Equity-to-Asset

For the Pharmaceutical Retailers subindustry, Anhui Huaren Health 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.


Anhui Huaren Health Pharmaceutical Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Anhui Huaren Health Pharmaceutical Co's Equity-to-Asset distribution charts can be found below:

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



Anhui Huaren Health 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.

Anhui Huaren Health 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
=1943.533/4611.698
=0.42

Anhui Huaren Health Pharmaceutical 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
=1975.52/4960.959
=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.


Anhui Huaren Health Pharmaceutical Co  (SZSE:301408) 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%.


Anhui Huaren Health Pharmaceutical Co Equity-to-Asset Related Terms

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Anhui Huaren Health Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
Shanghai Road, Chinese Health Building, No.18, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Anhui Huaren Health Pharmaceutical Co Ltd focuses on the pharmaceutical retail industry and forms a retail chain, retail centralized procurement, retail service, and retail e-commerce system.
Executives
Yin Jun Directors, executives

Anhui Huaren Health Pharmaceutical Co Headlines

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