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Great China Holdings (Hong Kong) (HKSE:00021) Equity-to-Asset : 0.38 (As of Dec. 2023)


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What is Great China Holdings (Hong Kong) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Great China Holdings (Hong Kong)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$841.96 Mil. Great China Holdings (Hong Kong)'s Total Assets for the quarter that ended in Dec. 2023 was HK$2,219.09 Mil. Therefore, Great China Holdings (Hong Kong)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

The historical rank and industry rank for Great China Holdings (Hong Kong)'s Equity-to-Asset or its related term are showing as below:

HKSE:00021' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.44   Max: 0.63
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Great China Holdings (Hong Kong) was 0.63. The lowest was 0.38. And the median was 0.44.

HKSE:00021's Equity-to-Asset is ranked worse than
58.92% of 1833 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:00021: 0.38

Great China Holdings (Hong Kong) Equity-to-Asset Historical Data

The historical data trend for Great China Holdings (Hong Kong)'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.

Great China Holdings (Hong Kong) Equity-to-Asset Chart

Great China Holdings (Hong Kong) 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 0.45 0.44 0.42 0.41 0.38

Great China Holdings (Hong Kong) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.42 0.42 0.41 0.40 0.38

Competitive Comparison of Great China Holdings (Hong Kong)'s Equity-to-Asset

For the Real Estate Services subindustry, Great China Holdings (Hong Kong)'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.


Great China Holdings (Hong Kong)'s Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Great China Holdings (Hong Kong)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Great China Holdings (Hong Kong)'s Equity-to-Asset falls into.



Great China Holdings (Hong Kong) 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.

Great China Holdings (Hong Kong)'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
=841.957/2219.087
=0.38

Great China Holdings (Hong Kong)'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
=841.957/2219.087
=0.38

* 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.


Great China Holdings (Hong Kong)  (HKSE:00021) 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%.


Great China Holdings (Hong Kong) Equity-to-Asset Related Terms

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Great China Holdings (Hong Kong) (HKSE:00021) Business Description

Traded in Other Exchanges
N/A
Address
Central Plaza, 18 Harbour Road, Suite 6403A-4, 64th Floor, Wanchai, Hong Kong, HKG
Great China Holdings (Hong Kong) Ltd formerly Great China Properties Holdings Ltd is engaged in real estate development and management. It projects of the company include the gold coast project, the tanghai county project, the daya bay project, the jin bao cheng project, the hong hai bay project, and the Heqing project. It has a single reportable segment based on the location of the operations, which is a property development and investment located in the PRC. The firm generates its revenue from the sale and management of properties.

Great China Holdings (Hong Kong) (HKSE:00021) Headlines

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