GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jinli Group Holdings Ltd (TPE:8429) » Definitions » Equity-to-Asset

Jinli Group Holdings (TPE:8429) Equity-to-Asset : 0.90 (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Jinli Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jinli Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$6,406.1 Mil. Jinli Group Holdings's Total Assets for the quarter that ended in Sep. 2024 was NT$7,090.1 Mil. Therefore, Jinli Group Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.90.

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

TPE:8429' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.88   Max: 0.91
Current: 0.9

During the past 13 years, the highest Equity to Asset Ratio of Jinli Group Holdings was 0.91. The lowest was 0.70. And the median was 0.88.

TPE:8429's Equity-to-Asset is ranked better than
94.61% of 1076 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs TPE:8429: 0.90

Jinli Group Holdings Equity-to-Asset Historical Data

The historical data trend for Jinli Group Holdings'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.

Jinli Group Holdings Equity-to-Asset Chart

Jinli Group Holdings 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 0.88 0.90 0.90 0.90 0.90

Jinli Group Holdings 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 0.90 0.90 0.90 0.90 0.90

Competitive Comparison of Jinli Group Holdings's Equity-to-Asset

For the Apparel Manufacturing subindustry, Jinli Group Holdings'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.


Jinli Group Holdings's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jinli Group Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jinli Group Holdings's Equity-to-Asset falls into.



Jinli Group Holdings 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.

Jinli Group Holdings'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
=6125.016/6809.474
=0.90

Jinli Group Holdings'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
=6406.14/7090.11
=0.90

* 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.


Jinli Group Holdings  (TPE:8429) 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%.


Jinli Group Holdings Equity-to-Asset Related Terms

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


Jinli Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 189, Boai 1st Road, 11th Floor, Sanmin District, Kaohsiung, TWN
Jinli Group Holdings Ltd through its subsidiaries is engaged in the manufacture, processing, and sale of clothing and footwear. The company's operating segment includes Clothing and footwear and Cosmetics. It generates maximum revenue from the Clothing and footwear segment. Cosmetics segments include the manufacture and sales of masks and cosmetics. Geographically, it derives a majority of its revenue from China.

Jinli Group Holdings Headlines

No Headlines