GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Citic Bank Corp Ltd (OTCPK:CHCJY) » Definitions » Equity-to-Asset

China Citic Bank (China Citic Bank) Equity-to-Asset : 0.08 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is China Citic Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Citic Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $100,448 Mil. China Citic Bank's Total Assets for the quarter that ended in Dec. 2023 was $1,267,819 Mil. Therefore, China Citic Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

CHCJY' 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 Citic Bank was 0.08. The lowest was 0.06. And the median was 0.07.

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

China Citic Bank Equity-to-Asset Historical Data

The historical data trend for China Citic Bank'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 Citic Bank Equity-to-Asset Chart

China Citic Bank 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 0.07 0.08 0.08 0.08

China Citic Bank 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 Citic Bank's Equity-to-Asset

For the Banks - Regional subindustry, China Citic Bank'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 Citic Bank's Equity-to-Asset Distribution in the Banks Industry

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

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



China Citic Bank 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 Citic Bank'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
=100448.447/1267819.389
=0.08

China Citic Bank'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
=100448.447/1267819.389
=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 Citic Bank  (OTCPK:CHCJY) 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 Citic Bank Equity-to-Asset Related Terms

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


China Citic Bank (China Citic Bank) Business Description

Address
10 Guanghua Road, 6-30/F and 32-42/F, Building No. 1, Chaoyang District, Beijing, CHN, 100020
As the second-largest joint-stock banks, China Citic Bank is headquartered in Beijing. It offers a full range of commercial banking services, with 1,410 outlets in 146 cities in China and branches in Hong Kong, Macau, New York, Los Angeles, and Singapore. As of 2022, the bank is the 9th-largest nationwide listed commercial bank in China in terms of total assets.

China Citic Bank (China Citic Bank) Headlines

No Headlines