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First Service Holding (HKSE:02107) Equity-to-Asset : 0.45 (As of Dec. 2023)


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What is First Service Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Service Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$719 Mil. First Service Holding's Total Assets for the quarter that ended in Dec. 2023 was HK$1,610 Mil. Therefore, First Service Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.

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

HKSE:02107' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.46   Max: 0.54
Current: 0.45

During the past 7 years, the highest Equity to Asset Ratio of First Service Holding was 0.54. The lowest was 0.34. And the median was 0.46.

HKSE:02107's Equity-to-Asset is ranked better than
51.77% of 1833 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:02107: 0.45

First Service Holding Equity-to-Asset Historical Data

The historical data trend for First Service Holding'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.

First Service Holding Equity-to-Asset Chart

First Service Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.34 0.54 0.47 0.46 0.45

First Service Holding Semi-Annual Data
Dec17 Dec18 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 0.47 0.45 0.46 0.45 0.45

Competitive Comparison of First Service Holding's Equity-to-Asset

For the Real Estate Services subindustry, First Service Holding'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.


First Service Holding's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Service Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First Service Holding's Equity-to-Asset falls into.



First Service Holding 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.

First Service Holding'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
=719.149/1609.973
=0.45

First Service Holding'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
=719.149/1609.973
=0.45

* 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.


First Service Holding  (HKSE:02107) 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%.


First Service Holding Equity-to-Asset Related Terms

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


First Service Holding (HKSE:02107) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xiangheyuan Road, Dongzhimenwai, 3rd Floor, Building 10, Wanguocheng MOMA, Dongcheng District, Beijing, CHN, 100028
First Service Holding Ltd is a provider of property management services and green living solutions that cover the full property life cycle. The company's service portfolio is segregated into three business lines Property management services comprising cleaning, security, gardening and repair and maintenance; Green living solutions comprising energy operation services, green technology consulting services, systems installation services and sales of its AIRDINO systems; and Value-added services comprising parking space management services, communal area leasing services, sales assistance services, home living services, and preliminary planning and design consultancy.

First Service Holding (HKSE:02107) Headlines

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