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China Minsheng Banking (China Minsheng Banking) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is China Minsheng Banking Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Minsheng Banking's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $87,477 Mil. China Minsheng Banking's Total Assets for the quarter that ended in Dec. 2023 was $1,074,895 Mil. Therefore, China Minsheng Banking's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

CGMBF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.07   Max: 0.08
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of China Minsheng Banking was 0.08. The lowest was 0.06. And the median was 0.07.

CGMBF's Equity-to-Asset is ranked worse than
61.15% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs CGMBF: 0.08

China Minsheng Banking Equity-to-Asset Historical Data

The historical data trend for China Minsheng Banking'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.

China Minsheng Banking Equity-to-Asset Chart

China Minsheng Banking 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 0.08 0.08 0.08 0.08 0.08

China Minsheng Banking 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 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 0.08 0.08 0.08 0.08 0.08

Competitive Comparison of China Minsheng Banking's Equity-to-Asset

For the Banks - Regional subindustry, China Minsheng Banking'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.


China Minsheng Banking's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Minsheng Banking's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Minsheng Banking's Equity-to-Asset falls into.



China Minsheng Banking 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.

China Minsheng Banking'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
=87476.821/1074894.961
=0.08

China Minsheng Banking'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
=87476.821/1074894.961
=0.08

* 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.


China Minsheng Banking  (OTCPK:CGMBF) 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%.


China Minsheng Banking Equity-to-Asset Related Terms

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


China Minsheng Banking (China Minsheng Banking) Business Description

Address
No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031
Founded in 1996, China Minsheng Banking Corp. is one of the first privately owned commercial banks in China, with headquarters in Beijing. Its shares listed on the Shanghai Exchange in 2000, and on the Hong Kong Exchange in 2009. It positions itself as a bank for non-state-owned enterprises, micro- and small enterprises, and high-end retail customers. CMBC has a diversified shareholding structure, with over 23,000 banking outlets in 125 cities in China.

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