China Graphite Group (HKSE:02237) Equity-to-Asset : 0.78 (As of Dec. 2023)

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What is China Graphite Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Graphite Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$490.9 Mil. China Graphite Group's Total Assets for the quarter that ended in Dec. 2023 was HK$629.6 Mil. Therefore, China Graphite Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

HKSE:02237' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.61 Max: 0.85
Current: 0.78

During the past 5 years, the highest Equity to Asset Ratio of China Graphite Group was 0.85. The lowest was 0.46. And the median was 0.61.

HKSE:02237's Equity-to-Asset is ranked worse than
51.09% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs HKSE:02237: 0.78

China Graphite Group Equity-to-Asset Historical Data

The historical data trend for China Graphite 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.

China Graphite Group Equity-to-Asset Chart

China Graphite Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.46

0.48

0.61

0.85

0.78

China Graphite Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.61	0.61	0.85	0.89	0.78

Competitive Comparison of China Graphite Group's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, China Graphite 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.

China Graphite Group's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Graphite Group's Equity-to-Asset distribution charts can be found below:

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

China Graphite 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.

China Graphite 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
	=	490.898	/	629.606
	=	0.78

China Graphite 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
	=	490.898	/	629.606
	=	0.78

China Graphite Group (HKSE:02237) 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 Graphite Group Equity-to-Asset Related Terms

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

China Graphite Group (HKSE:02237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Graphite Group Ltd (HKSE:02237) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yanjun Farm, No. 1, Building 1, Graphite Development Zone, Luobei County, Heilongjiang Province, Hegang, CHN

Website

https://www.chinagraphite.com.hk

China Graphite Group Ltd is engaged in the production and sales of flake graphite concentrate and Sale of spherical graphite and its by-products, and unprocessed marble in China. All of the Group's activities are carried out in the People's Republic of China.

China Graphite Group (HKSE:02237) Headlines

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