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Dong-E-E-Jiao Co (SZSE:000423) Equity-to-Asset : 0.82 (As of Mar. 2024)


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What is Dong-E-E-Jiao Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dong-E-E-Jiao Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥10,996 Mil. Dong-E-E-Jiao Co's Total Assets for the quarter that ended in Mar. 2024 was ¥13,400 Mil. Therefore, Dong-E-E-Jiao Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.82.

The historical rank and industry rank for Dong-E-E-Jiao Co's Equity-to-Asset or its related term are showing as below:

SZSE:000423' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75   Med: 0.82   Max: 0.89
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Dong-E-E-Jiao Co was 0.89. The lowest was 0.75. And the median was 0.82.

SZSE:000423's Equity-to-Asset is ranked better than
84.83% of 1088 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs SZSE:000423: 0.82

Dong-E-E-Jiao Co Equity-to-Asset Historical Data

The historical data trend for Dong-E-E-Jiao 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.

Dong-E-E-Jiao Co Equity-to-Asset Chart

Dong-E-E-Jiao 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 0.85 0.89 0.86 0.82 0.81

Dong-E-E-Jiao Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.81 0.82 0.79 0.81 0.82

Competitive Comparison of Dong-E-E-Jiao Co's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Dong-E-E-Jiao 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.


Dong-E-E-Jiao Co's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Dong-E-E-Jiao Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Dong-E-E-Jiao Co's Equity-to-Asset falls into.



Dong-E-E-Jiao 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.

Dong-E-E-Jiao 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
=10719.015/13306.307
=0.81

Dong-E-E-Jiao Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=10996.278/13400.243
=0.82

* 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.


Dong-E-E-Jiao Co  (SZSE:000423) 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%.


Dong-E-E-Jiao Co Equity-to-Asset Related Terms

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Dong-E-E-Jiao Co (SZSE:000423) Business Description

Traded in Other Exchanges
N/A
Address
No. 78 Ejiao Street, Dong'a County, Liaocheng, Shandong, CHN, 252201
Dong-E-E-Jiao Co Ltd is a China-based company engages in the manufacturing and selling of Chinese herb and traditional Chinese medicines, auxiliary materials for medicine, biological and healthcare products and genetically engineered medicines. The company also exports its products to Europe, the United States, and Southeast Asia.

Dong-E-E-Jiao Co (SZSE:000423) Headlines

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