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Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Equity-to-Asset : 0.33 (As of Dec. 2023)


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What is Shanghai Jin Jiang International Hotel (Group) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shanghai Jin Jiang International Hotel (Group) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥16,677 Mil. Shanghai Jin Jiang International Hotel (Group) Co's Total Assets for the quarter that ended in Dec. 2023 was ¥50,587 Mil. Therefore, Shanghai Jin Jiang International Hotel (Group) Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

The historical rank and industry rank for Shanghai Jin Jiang International Hotel (Group) Co's Equity-to-Asset or its related term are showing as below:

SHSE:600754' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.32   Max: 0.77
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of Shanghai Jin Jiang International Hotel (Group) Co was 0.77. The lowest was 0.24. And the median was 0.32.

SHSE:600754's Equity-to-Asset is ranked worse than
66.71% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs SHSE:600754: 0.33

Shanghai Jin Jiang International Hotel (Group) Co Equity-to-Asset Historical Data

The historical data trend for Shanghai Jin Jiang International Hotel (Group) 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 Jin Jiang International Hotel (Group) Co Equity-to-Asset Chart

Shanghai Jin Jiang International Hotel (Group) 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 0.34 0.24 0.35 0.35 0.33

Shanghai Jin Jiang International Hotel (Group) 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 0.35 0.35 0.33 0.34 0.33

Competitive Comparison of Shanghai Jin Jiang International Hotel (Group) Co's Equity-to-Asset

For the Lodging subindustry, Shanghai Jin Jiang International Hotel (Group) 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 Jin Jiang International Hotel (Group) Co's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Jin Jiang International Hotel (Group) Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Jin Jiang International Hotel (Group) Co's Equity-to-Asset falls into.



Shanghai Jin Jiang International Hotel (Group) 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 Jin Jiang International Hotel (Group) 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
=16677.035/50587.037
=0.33

Shanghai Jin Jiang International Hotel (Group) 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
=16677.035/50587.037
=0.33

* 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 Jin Jiang International Hotel (Group) Co  (SHSE:600754) 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 Jin Jiang International Hotel (Group) Co Equity-to-Asset Related Terms

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Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Business Description

Traded in Other Exchanges
Address
No. 100 Yan an East Road, 26th Floor, Union Building, Shanghai, CHN
Shanghai Jin Jiang International Hotel (Group) Co Ltd is one of the leading hotel group in China, engaged in hotel operation and management, franchising, and the businesses of restaurants, transportation, logistics, and travel agency. The group operates a wide range of hotels, including full-service hotels and select service hotels.

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