Greater China Financial Holdings (HKSE:00431) Equity-to-Asset : -1.52 (As of Dec. 2023)

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What is Greater China Financial Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Greater China Financial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-634.62 Mil. Greater China Financial Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$417.13 Mil. Therefore, Greater China Financial Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -1.52.

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

HKSE:00431' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.52 Med: 0.46 Max: 0.73
Current: -1.52

During the past 13 years, the highest Equity to Asset Ratio of Greater China Financial Holdings was 0.73. The lowest was -1.52. And the median was 0.46.

HKSE:00431's Equity-to-Asset is ranked worse than
97.05% of 543 companies
in the Credit Services industry
Industry Median: 0.36 vs HKSE:00431: -1.52

Greater China Financial Holdings Equity-to-Asset Historical Data

The historical data trend for Greater China Financial 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.

Greater China Financial Holdings Equity-to-Asset Chart

Greater China Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.58

0.27

0.11

-0.17

-1.52

Greater China Financial Holdings 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															0.11	0.06	-0.17	-0.27	-1.52

Competitive Comparison of Greater China Financial Holdings's Equity-to-Asset

For the Credit Services subindustry, Greater China Financial 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.

Greater China Financial Holdings's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Greater China Financial Holdings's Equity-to-Asset distribution charts can be found below:

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

Greater China Financial 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.

Greater China Financial Holdings'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
	=	-634.624	/	417.127
	=	-1.52

Greater China Financial Holdings'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
	=	-634.624	/	417.127
	=	-1.52

Greater China Financial Holdings (HKSE:00431) 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%.

Greater China Financial Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Greater China Financial Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Greater China Financial Holdings (HKSE:00431) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Greater China Financial Holdings Ltd (HKSE:00431) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Matheson Street, Suites 3612-16, 36th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.greaterchina.com.hk

Greater China Financial Holdings Ltd, through its subsidiaries, is engaged in investment holding, industrial property development, general trading of consumable goods, securities brokerage, insurance brokerage, asset management and loan financing operation including loan financing, financial guarantee services, loan referral and consultancy services. It generates maximum revenue from the loan financing operation segment. It operates in Hong Kong and the PRC. Geographically, it derives a majority of revenue from China.

Executives

Liu Kequan	2101 Beneficial owner
Chen Zheng	2201 Interest of corporation controlled by you
Skill Rich Limited	2101 Beneficial owner
Chu Lam Yiu	2101 Beneficial owner
Eastern Spring Global Limited	2101 Beneficial owner
Yang Dayong
Greater China Financial Holdings Limited	2201 Interest of corporation controlled by you
Harmonic Edge Limited	2106 Person having a security interest in shares
Liang Miaoxin	2202 Interest of your spouse

Greater China Financial Holdings (HKSE:00431) Headlines

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