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Huili Resources (Group) (HKSE:01303) Equity-to-Asset : 0.50 (As of Dec. 2023)


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What is Huili Resources (Group) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huili Resources (Group)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$862 Mil. Huili Resources (Group)'s Total Assets for the quarter that ended in Dec. 2023 was HK$1,726 Mil. Therefore, Huili Resources (Group)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

The historical rank and industry rank for Huili Resources (Group)'s Equity-to-Asset or its related term are showing as below:

HKSE:01303' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.73   Max: 0.89
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Huili Resources (Group) was 0.89. The lowest was 0.50. And the median was 0.73.

HKSE:01303's Equity-to-Asset is ranked worse than
62.22% of 180 companies
in the Other Energy Sources industry
Industry Median: 0.61 vs HKSE:01303: 0.50

Huili Resources (Group) Equity-to-Asset Historical Data

The historical data trend for Huili Resources (Group)'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.

Huili Resources (Group) Equity-to-Asset Chart

Huili Resources (Group) 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 0.87 0.88 0.71 0.66 0.50

Huili Resources (Group) 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 0.71 0.66 0.66 0.46 0.50

Competitive Comparison of Huili Resources (Group)'s Equity-to-Asset

For the Thermal Coal subindustry, Huili Resources (Group)'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.


Huili Resources (Group)'s Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huili Resources (Group)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Huili Resources (Group)'s Equity-to-Asset falls into.



Huili Resources (Group) 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.

Huili Resources (Group)'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
=861.945/1725.753
=0.50

Huili Resources (Group)'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
=861.945/1725.753
=0.50

* 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.


Huili Resources (Group)  (HKSE:01303) 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%.


Huili Resources (Group) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Huili Resources (Group)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Huili Resources (Group) (HKSE:01303) Business Description

Traded in Other Exchanges
N/A
Address
Unit no.4, 23rd Floor, Overseas Trust Bank Building, No. 160 Gloucester Road, Hong Kong, HKG
Huili Resources (Group) Ltd is an investment holding company, engaged in the mining, ore processing and sales of gold, nickel, copper, lead and zinc products, trading of materials for oil and gas exploration and coals, and financial services in the People's Republic of China. It operates through three business segments namely Mining, Financial service, and Coal business. The company derives the majority of its revenue from the Coal business segment which involve trading in coal.
Executives
Sky Circle International Limited 2101 Beneficial owner
Prosper Union Holdings Limited 2101 Beneficial owner
Bong Chin Chung 2101 Beneficial owner
Feng Yuantao 2101 Beneficial owner
Lai Long Wai 2201 Interest of corporation controlled by you
China Clean Energy Technology Limited 2101 Beneficial owner
Ye Xin 2201 Interest of corporation controlled by you
Cui Yazhou 2201 Interest of corporation controlled by you
China Asset Management (hong Kong) Limited 2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si
Pine Success International Holdings Limited 2101 Beneficial owner
Cao Jianwei 2201 Interest of corporation controlled by you
Gao Miao Miao 2201 Interest of corporation controlled by you
Legend Vantage Limited 2101 Beneficial owner

Huili Resources (Group) (HKSE:01303) Headlines

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