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China Electronics Optics Valley Union Holding Co (HKSE:00798) Equity-to-Asset : 0.34 (As of Dec. 2023)


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What is China Electronics Optics Valley Union Holding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Electronics Optics Valley Union Holding Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$8,822 Mil. China Electronics Optics Valley Union Holding Co's Total Assets for the quarter that ended in Dec. 2023 was HK$25,673 Mil. Therefore, China Electronics Optics Valley Union Holding Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

The historical rank and industry rank for China Electronics Optics Valley Union Holding Co's Equity-to-Asset or its related term are showing as below:

HKSE:00798' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.35   Max: 0.49
Current: 0.34

During the past 11 years, the highest Equity to Asset Ratio of China Electronics Optics Valley Union Holding Co was 0.49. The lowest was 0.29. And the median was 0.35.

HKSE:00798's Equity-to-Asset is ranked worse than
65.09% of 1836 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:00798: 0.34

China Electronics Optics Valley Union Holding Co Equity-to-Asset Historical Data

The historical data trend for China Electronics Optics Valley Union Holding 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.

China Electronics Optics Valley Union Holding Co Equity-to-Asset Chart

China Electronics Optics Valley Union Holding 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 0.38 0.35 0.35 0.35 0.34

China Electronics Optics Valley Union Holding Co 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 0.35 0.33 0.35 0.33 0.34

Competitive Comparison of China Electronics Optics Valley Union Holding Co's Equity-to-Asset

For the Real Estate Services subindustry, China Electronics Optics Valley Union Holding 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.


China Electronics Optics Valley Union Holding Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Electronics Optics Valley Union Holding Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Electronics Optics Valley Union Holding Co's Equity-to-Asset falls into.



China Electronics Optics Valley Union Holding 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.

China Electronics Optics Valley Union Holding 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
=8822.252/25673.143
=0.34

China Electronics Optics Valley Union Holding 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
=8822.252/25673.143
=0.34

* 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.


China Electronics Optics Valley Union Holding Co  (HKSE:00798) 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%.


China Electronics Optics Valley Union Holding Co Equity-to-Asset Related Terms

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China Electronics Optics Valley Union Holding Co (HKSE:00798) Business Description

Traded in Other Exchanges
N/A
Address
16 Ye Zhi Hu West Road, Building No. 1, Higher Level, Creative Capital, Hongshan District, Hubei, Wuhan, CHN
China Electronics Optics Valley Union Holding Co Ltd is an investment holding company engaged in the development of properties. The segments are Industrial Park development services; industrial park operation services including design and construction services, property management services, leasing services, energy services, digital park (apartment) services, incubator and office sharing services, industrial park financial services as well as group catering and hotel services; and industrial investment this segment represents industrial-related industry investment businesses in various theme parks. The group's operations are located in Mainland China.

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