Dada Nexus (Dada Nexus) Equity-to-Asset : 0.73 (As of Dec. 2023)

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What is Dada Nexus Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dada Nexus's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $778 Mil. Dada Nexus's Total Assets for the quarter that ended in Dec. 2023 was $1,061 Mil. Therefore, Dada Nexus's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

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

DADA' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.68 Med: 0.72 Max: 0.77
Current: 0.73

During the past 7 years, the highest Equity to Asset Ratio of Dada Nexus was 0.77. The lowest was -1.68. And the median was 0.72.

DADA's Equity-to-Asset is ranked better than
85.59% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs DADA: 0.73

Dada Nexus Equity-to-Asset Historical Data

The historical data trend for Dada Nexus'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.

Dada Nexus Equity-to-Asset Chart

Dada Nexus Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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-1.68

0.74

0.72

0.77

0.73

Dada Nexus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.77	0.80	0.82	0.78	0.73

Competitive Comparison of Dada Nexus's Equity-to-Asset

For the Internet Retail subindustry, Dada Nexus'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.

Dada Nexus's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dada Nexus's Equity-to-Asset distribution charts can be found below:

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

Dada Nexus 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.

Dada Nexus'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
	=	778.258	/	1060.738
	=	0.73

Dada Nexus's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	778.258	/	1060.738
	=	0.73

Dada Nexus (NAS:DADA) 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%.

Dada Nexus Equity-to-Asset Related Terms

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

Dada Nexus (Dada Nexus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dada Nexus Ltd (NAS:DADA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

D0A:Germany

Address

No.1088 Yangshupu Road, 22nd Floor, Oriental Fisherman’s Wharf, Yangpu District, Shanghai, CHN, 200082

Website

https://ir.imdada.cn

Dada Nexus is a leading crowdsourced delivery service in China. The company has two core businesses, Dada Now, which is an on-demand delivery platform that provides last-mile and intracity services; and JD Daojia, or JDDJ, which is an online on-demand retail platform that connects consumers to merchants with its delivery capabilities. As of 2022, Dada Now accounted for 34% of revenue while JDDJ accounted for the rest. JDDJ and Dada Nexus merged in 2016, where JD.com received 47.4% ownership of the merged entity in exchange for its JDDJ business. As of June 2023, JD.com and Walmart Inc own 53.9% and 9.3% of Dada Nexus, respectively. Dada Nexus competes with other logistics companies such as SF Intra-City, with Didi in its delivery business, and with Meituan in its on-demand retail segment.