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Jiangling Motors (SZSE:200550) Equity-to-Asset : 0.39 (As of Mar. 2024)


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What is Jiangling Motors Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jiangling Motors's Total Stockholders Equity for the quarter that ended in Mar. 2024 was HK$11,768 Mil. Jiangling Motors's Total Assets for the quarter that ended in Mar. 2024 was HK$30,162 Mil. Therefore, Jiangling Motors's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.

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

SZSE:200550' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.46   Max: 0.61
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Jiangling Motors was 0.61. The lowest was 0.30. And the median was 0.46.

SZSE:200550's Equity-to-Asset is ranked worse than
62.78% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SZSE:200550: 0.39

Jiangling Motors Equity-to-Asset Historical Data

The historical data trend for Jiangling Motors'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.

Jiangling Motors Equity-to-Asset Chart

Jiangling Motors 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 0.43 0.39 0.33 0.34 0.36

Jiangling Motors 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 0.35 0.35 0.35 0.36 0.39

Competitive Comparison of Jiangling Motors's Equity-to-Asset

For the Auto Manufacturers subindustry, Jiangling Motors'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.


Jiangling Motors's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangling Motors's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiangling Motors's Equity-to-Asset falls into.



Jiangling Motors 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.

Jiangling Motors'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
=11320.771/31874.016
=0.36

Jiangling Motors'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
=11768.301/30162.308
=0.39

* 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.


Jiangling Motors  (SZSE:200550) 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%.


Jiangling Motors Equity-to-Asset Related Terms

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Jiangling Motors (SZSE:200550) Business Description

Traded in Other Exchanges
Address
No. 509, Northern Yingbin Avenue, Jiangxi Province, Nanchang, CHN, 330001
Jiangling Motors Corp Ltd is an automobile manufacturing company domiciled in China. The company principally manufactures light commercial vehicles such as vans and pickup trucks, heavy commercial vehicles including heavy-duty trucks, sport utility vehicles, engines, castings, and related vehicle components. It derives the vast majority of revenue from commercial vehicles and SUVs. Jiangling Motors produces vehicles under the JMC, Yusheng, and Ford brands. The company earns revenue almost entirely domestically.

Jiangling Motors (SZSE:200550) Headlines

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