Aeon Credit Service (Asia) Co (HKSE:00900) Equity-to-Asset : 0.54 (As of Feb. 2024)

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What is Aeon Credit Service (Asia) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aeon Credit Service (Asia) Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was HK$4,068 Mil. Aeon Credit Service (Asia) Co's Total Assets for the quarter that ended in Feb. 2024 was HK$7,561 Mil. Therefore, Aeon Credit Service (Asia) Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.54.

The historical rank and industry rank for Aeon Credit Service (Asia) Co's Equity-to-Asset or its related term are showing as below:

HKSE:00900' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.53 Max: 0.71
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Aeon Credit Service (Asia) Co was 0.71. The lowest was 0.41. And the median was 0.53.

HKSE:00900's Equity-to-Asset is ranked better than
61.69% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs HKSE:00900: 0.54

Aeon Credit Service (Asia) Co Equity-to-Asset Historical Data

The historical data trend for Aeon Credit Service (Asia) 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.

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Aeon Credit Service (Asia) Co Equity-to-Asset Chart

Aeon Credit Service (Asia) Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Equity-to-Asset

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0.58

0.67

0.71

0.60

0.54

Aeon Credit Service (Asia) Co Quarterly Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Equity-to-Asset	Get a 7-Day Free Trial															0.60	0.58	0.56	0.53	0.54

Competitive Comparison of Aeon Credit Service (Asia) Co's Equity-to-Asset

For the Credit Services subindustry, Aeon Credit Service (Asia) 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.

Aeon Credit Service (Asia) Co's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Aeon Credit Service (Asia) Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aeon Credit Service (Asia) Co's Equity-to-Asset falls into.

Aeon Credit Service (Asia) 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.

Aeon Credit Service (Asia) Co's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	4067.993	/	7561.232
	=	0.54

Aeon Credit Service (Asia) Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	4067.993	/	7561.232
	=	0.54

Aeon Credit Service (Asia) Co (HKSE:00900) 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%.

Aeon Credit Service (Asia) Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Aeon Credit Service (Asia) Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Aeon Credit Service (Asia) Co (HKSE:00900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Aeon Credit Service (Asia) Co Ltd (HKSE:00900) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 Nathan Road, 20th Floor, Mira Place Tower A, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.aeon.com.hk

Aeon Credit Service (Asia) Co Ltd is engaged in the consumer finance business. Its activities include the issuance of credit cards and the provision of personal loan financing, insurance agency and brokerage business and microfinance business. The group's business comprises three operating segments, namely Credit card, Personal loans, and Insurance. It derives key revenue from the Credit card operation which involves the provision of credit card services to individuals and acquiring services for member-stores. Personal loans segment provides personal loan financing to individuals and the Insurance segment offers insurance agency and brokerage services. Geographically, the group has a business presence in Hong Kong and the PRC, of which a majority of the revenue is derived from Hong Kong.

Aeon Credit Service (Asia) Co (HKSE:00900) Headlines

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