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Want Want China Holdings (Want Want China Holdings) Equity-to-Asset : 0.53 (As of Sep. 2023)


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What is Want Want China Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Want Want China Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,975 Mil. Want Want China Holdings's Total Assets for the quarter that ended in Sep. 2023 was $3,749 Mil. Therefore, Want Want China Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.53.

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

WWNTY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.49   Max: 0.56
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Want Want China Holdings was 0.56. The lowest was 0.45. And the median was 0.49.

WWNTY's Equity-to-Asset is ranked worse than
50.18% of 1915 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs WWNTY: 0.53

Want Want China Holdings Equity-to-Asset Historical Data

The historical data trend for Want Want China Holdings'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.

Want Want China Holdings Equity-to-Asset Chart

Want Want China Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.51 0.48 0.56 0.56

Want Want China Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.51 0.56 0.53 0.56 0.53

Competitive Comparison of Want Want China Holdings's Equity-to-Asset

For the Packaged Foods subindustry, Want Want China Holdings'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.


Want Want China Holdings's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Equity-to-Asset distribution charts can be found below:

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



Want Want China Holdings 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.

Want Want China Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=2126.25/3769.33
=0.56

Want Want China Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=1975.265/3748.793
=0.53

* 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.


Want Want China Holdings  (OTCPK:WWNTY) 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%.


Want Want China Holdings Equity-to-Asset Related Terms

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Want Want China Holdings (Want Want China Holdings) Business Description

Traded in Other Exchanges
Address
No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Want Want is major player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective sub-segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.

Want Want China Holdings (Want Want China Holdings) Headlines