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Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Equity-to-Asset : 0.64 (As of Mar. 2024)


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What is Sichuan Jiuyuan Yinhai Software Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sichuan Jiuyuan Yinhai Software Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,683 Mil. Sichuan Jiuyuan Yinhai Software Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,633 Mil. Therefore, Sichuan Jiuyuan Yinhai Software Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.64.

The historical rank and industry rank for Sichuan Jiuyuan Yinhai Software Co's Equity-to-Asset or its related term are showing as below:

SZSE:002777' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.55   Max: 0.64
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Sichuan Jiuyuan Yinhai Software Co was 0.64. The lowest was 0.31. And the median was 0.55.

SZSE:002777's Equity-to-Asset is ranked better than
63.23% of 2850 companies
in the Software industry
Industry Median: 0.55 vs SZSE:002777: 0.64

Sichuan Jiuyuan Yinhai Software Co Equity-to-Asset Historical Data

The historical data trend for Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software Co Equity-to-Asset Chart

Sichuan Jiuyuan Yinhai Software 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 0.53 0.56 0.58 0.61 0.62

Sichuan Jiuyuan Yinhai Software 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 0.63 0.62 0.64 0.62 0.64

Competitive Comparison of Sichuan Jiuyuan Yinhai Software Co's Equity-to-Asset

For the Software - Application subindustry, Sichuan Jiuyuan Yinhai Software 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.


Sichuan Jiuyuan Yinhai Software Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Sichuan Jiuyuan Yinhai Software Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sichuan Jiuyuan Yinhai Software Co's Equity-to-Asset falls into.



Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software 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
=1670.034/2706.126
=0.62

Sichuan Jiuyuan Yinhai Software 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
=1683.468/2632.864
=0.64

* 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.


Sichuan Jiuyuan Yinhai Software Co  (SZSE:002777) 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%.


Sichuan Jiuyuan Yinhai Software Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Sichuan Jiuyuan Yinhai Software Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Business Description

Traded in Other Exchanges
N/A
Address
Sansui Road, Building 2, No. 3, Yinhai Core Block, No. 163, High-tech Zone, Jinjiang District, Chengdu, CHN, 610063
Sichuan Jiuyuan Yinhai Software Co Ltd provides enterprise application software solutions and integrated services for livelihood and defense industries. The company's businesses and products coverage of human resources and social security, medical hygiene, provident fund, civil affairs, food and drug supervision, smart city, military and civilian products, and digital military.
Executives
Jiang Hong Executives
Zhan Kai Ming Executives
Yang Cheng Wen Directors, executives
Lian Chun Hua Directors, executives
Qiao Deng Jian Executives
Zhang Wei Executives
Zhou Kai Supervisors
Huang Dan Supervisors
Li Hui Xia Director
Wang Zu Executives
Tian Zhi Yong Executives
Dan Wei Min Executives
Di Jun Zi Executives
Cheng Shu Zhong Supervisors
Hou Chun Mei Supervisors

Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Headlines

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