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Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Equity-to-Asset : 0.36 (As of Dec. 2023)


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What is Shanghai Jinqiao Export Processing Zone Development Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shanghai Jinqiao Export Processing Zone Development Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥14,113 Mil. Shanghai Jinqiao Export Processing Zone Development Co's Total Assets for the quarter that ended in Dec. 2023 was ¥39,781 Mil. Therefore, Shanghai Jinqiao Export Processing Zone Development Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.

The historical rank and industry rank for Shanghai Jinqiao Export Processing Zone Development Co's Equity-to-Asset or its related term are showing as below:

SHSE:600639' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.42   Max: 0.51
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Shanghai Jinqiao Export Processing Zone Development Co was 0.51. The lowest was 0.36. And the median was 0.42.

SHSE:600639's Equity-to-Asset is ranked worse than
62.35% of 1838 companies
in the Real Estate industry
Industry Median: 0.44 vs SHSE:600639: 0.36

Shanghai Jinqiao Export Processing Zone Development Co Equity-to-Asset Historical Data

The historical data trend for Shanghai Jinqiao Export Processing Zone Development 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.

Shanghai Jinqiao Export Processing Zone Development Co Equity-to-Asset Chart

Shanghai Jinqiao Export Processing Zone Development Co 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 0.40 0.36 0.37 0.37 0.36

Shanghai Jinqiao Export Processing Zone Development Co 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 0.37 0.40 0.37 0.37 0.36

Competitive Comparison of Shanghai Jinqiao Export Processing Zone Development Co's Equity-to-Asset

For the Real Estate - Development subindustry, Shanghai Jinqiao Export Processing Zone Development 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.


Shanghai Jinqiao Export Processing Zone Development Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Jinqiao Export Processing Zone Development Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Jinqiao Export Processing Zone Development Co's Equity-to-Asset falls into.



Shanghai Jinqiao Export Processing Zone Development 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.

Shanghai Jinqiao Export Processing Zone Development 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
=14113.203/39780.978
=0.35

Shanghai Jinqiao Export Processing Zone Development Co'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
=14113.203/39780.978
=0.35

* 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.


Shanghai Jinqiao Export Processing Zone Development Co  (SHSE:600639) 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%.


Shanghai Jinqiao Export Processing Zone Development Co Equity-to-Asset Related Terms

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Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Business Description

Traded in Other Exchanges
Address
No. 28 Jinqiao Road, Shanghai) Free Trade Experimental Zone, Shanghai, CHN, 201206
Shanghai Jinqiao Export Processing Zone Development Co Ltd is a real estate development company. It primarily focuses on industrial real estate and traditional real estate industry development. The company's operations predominantly consist of real estate leasing, real estate sales and serviced apartment leasing.

Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Headlines

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