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GDH Supertime Group Co (SZSE:001338) Equity-to-Asset : 0.76 (As of Mar. 2024)


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What is GDH Supertime Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GDH Supertime Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,456 Mil. GDH Supertime Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,521 Mil. Therefore, GDH Supertime Group Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.76.

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

SZSE:001338' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.73   Max: 0.82
Current: 0.76

During the past 6 years, the highest Equity to Asset Ratio of GDH Supertime Group Co was 0.82. The lowest was 0.60. And the median was 0.73.

SZSE:001338's Equity-to-Asset is ranked better than
81.48% of 216 companies
in the Beverages - Alcoholic industry
Industry Median: 0.505 vs SZSE:001338: 0.76

GDH Supertime Group Co Equity-to-Asset Historical Data

The historical data trend for GDH Supertime 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.

GDH Supertime Group Co Equity-to-Asset Chart

GDH Supertime Group Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.82 0.82 0.74 0.73 0.75

GDH Supertime Group Co Quarterly Data
Dec18 Dec19 Dec20 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 0.66 0.61 0.71 0.75 0.76

Competitive Comparison of GDH Supertime Group Co's Equity-to-Asset

For the Beverages - Brewers subindustry, GDH Supertime 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.


GDH Supertime Group Co's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, GDH Supertime Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where GDH Supertime Group Co's Equity-to-Asset falls into.



GDH Supertime 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.

GDH Supertime 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
=3373.361/4517.207
=0.75

GDH Supertime Group 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
=3455.532/4521.328
=0.76

* 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.


GDH Supertime Group Co  (SZSE:001338) 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%.


GDH Supertime Group Co Equity-to-Asset Related Terms

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GDH Supertime Group Co (SZSE:001338) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Mingzhu Road, Room 310, Room 309, Comprehensive Building, Huangpu District, Guangdong Province, Guangzhou, CHN, 510700
GDH Supertime Group Co Ltd is engaged in the research and development, production and sales of malt.

GDH Supertime Group Co (SZSE:001338) Headlines

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