Veson Holdings (HKSE:01399) Equity-to-Asset : 0.22 (As of Dec. 2023)

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What is Veson Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Veson Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,194 Mil. Veson Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$5,327 Mil. Therefore, Veson Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.22.

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

HKSE:01399' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.22 Max: 0.33
Current: 0.22

During the past 13 years, the highest Equity to Asset Ratio of Veson Holdings was 0.33. The lowest was 0.19. And the median was 0.22.

HKSE:01399's Equity-to-Asset is ranked worse than
91.99% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs HKSE:01399: 0.22

Veson Holdings Equity-to-Asset Historical Data

The historical data trend for Veson 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.

Veson Holdings Equity-to-Asset Chart

Veson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.20

0.22

0.19

0.21

0.22

Veson 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															0.19	0.21	0.21	0.24	0.22

Competitive Comparison of Veson Holdings's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Veson 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.

Veson Holdings's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veson Holdings's Equity-to-Asset distribution charts can be found below:

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

Veson 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.

Veson 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
	=	1193.877	/	5327.091
	=	0.22

Veson 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
	=	1193.877	/	5327.091
	=	0.22

Veson Holdings (HKSE:01399) 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%.

Veson Holdings Equity-to-Asset Related Terms

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

Veson Holdings (HKSE:01399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veson Holdings Ltd (HKSE:01399) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN

Website

http://www.vesonhldg.com

Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. It generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, it operates in the PRC. The company's products are used for mobile phones, tablets and digital products battery and related accessories.

Executives

Fang Jin	2201 Interest of corporation controlled by you
Right Grand Holdings Limited	2101 Beneficial owner
Swift Joy Holdings Limited	2101 Beneficial owner

Veson Holdings (HKSE:01399) Headlines

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