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China Merchants Land (HKSE:00978) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is China Merchants Land Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Merchants Land's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$10,842 Mil. China Merchants Land's Total Assets for the quarter that ended in Dec. 2023 was HK$145,112 Mil. Therefore, China Merchants Land's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

HKSE:00978' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.11   Max: 0.14
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of China Merchants Land was 0.14. The lowest was 0.07. And the median was 0.11.

HKSE:00978's Equity-to-Asset is ranked worse than
92.86% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:00978: 0.08

China Merchants Land Equity-to-Asset Historical Data

The historical data trend for China Merchants Land'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 Merchants Land Equity-to-Asset Chart

China Merchants Land 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 0.11 0.09 0.07 0.08 0.08

China Merchants Land 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 0.07 0.07 0.08 0.07 0.08

Competitive Comparison of China Merchants Land's Equity-to-Asset

For the Real Estate - Diversified subindustry, China Merchants Land'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 Merchants Land's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Merchants Land's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Merchants Land's Equity-to-Asset falls into.



China Merchants Land 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 Merchants Land'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
=10841.81/145112.243
=0.07

China Merchants Land'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
=10841.81/145112.243
=0.07

* 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 Merchants Land  (HKSE:00978) 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 Merchants Land Equity-to-Asset Related Terms

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China Merchants Land (HKSE:00978) Business Description

Traded in Other Exchanges
Address
Nos. 168-200 Connaught Road, Room 2603 to 2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Central, Hong Kong, HKG
China Merchants Land Ltd is an investment holding company that operates through two segments. The properties segment, which generates almost all the company's sales, is engaged in real estate development and leasing, and the Asset Management segment. Asset management segment includes office premises and shopping malls. The company operates primarily in Mainland China.

China Merchants Land (HKSE:00978) Headlines

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