Jinke Smart Services Group Co (HKSE:09666) Equity-to-Asset : 0.53 (As of Dec. 2023)

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What is Jinke Smart Services Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jinke Smart Services Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$4,460 Mil. Jinke Smart Services Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$8,375 Mil. Therefore, Jinke Smart Services Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

The historical rank and industry rank for Jinke Smart Services Group Co's Equity-to-Asset or its related term are showing as below:

HKSE:09666' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.53 Max: 0.84
Current: 0.53

During the past 7 years, the highest Equity to Asset Ratio of Jinke Smart Services Group Co was 0.84. The lowest was 0.08. And the median was 0.53.

HKSE:09666's Equity-to-Asset is ranked better than
64.25% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:09666: 0.53

Jinke Smart Services Group Co Equity-to-Asset Historical Data

The historical data trend for Jinke Smart Services 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.

Jinke Smart Services Group Co Equity-to-Asset Chart

Jinke Smart Services Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.12

0.84

0.73

0.64

0.53

Jinke Smart Services Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.73	0.72	0.64	0.64	0.53

Competitive Comparison of Jinke Smart Services Group Co's Equity-to-Asset

For the Real Estate Services subindustry, Jinke Smart Services 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.

Jinke Smart Services Group Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jinke Smart Services Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jinke Smart Services Group Co's Equity-to-Asset falls into.

Jinke Smart Services 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.

Jinke Smart Services 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
	=	4460.358	/	8375.423
	=	0.53

Jinke Smart Services 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
	=	4460.358	/	8375.423
	=	0.53

Jinke Smart Services Group Co (HKSE:09666) 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%.

Jinke Smart Services Group Co Equity-to-Asset Related Terms

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Jinke Smart Services Group Co (HKSE:09666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jinke Smart Services Group Co Ltd (HKSE:09666) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 480, Panxi Road, Shimahe Street, Building A4, East Zone, Jinke Shiniancheng, Jiangbei District, Chongqing, CHN

Website

http://www.jinkeservice.com

Jinke Smart Services Group Co Ltd is a smart property management service provider in China. The firm is principally engaged in the provision of property management services, value-added services to non-property owners, community value-added services, and smart living technology solutions. It has focused on the three main regions in China that are Southwestern China, Eastern & Southern China, Central China, and other regions where it generates a majority of its revenue from the Southwestern China Region.

Jinke Smart Services Group Co (HKSE:09666) Headlines

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