The historical rank and industry rank for China Starch Holdings's Equity-to-Asset or its related term are showing as below:
HKSE:03838'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64 Med: 0.7 Max: 0.78
Current: 0.68
During the past 13 years, the highest Equity to Asset Ratio of China Starch Holdings was 0.78. The lowest was 0.64. And the median was 0.70.
HKSE:03838's Equity-to-Asset is ranked better than 70.48% of 1924
companies
in the Consumer Packaged Goods industry
Industry Median: 0.54
vs HKSE:03838: 0.68
China Starch Holdings Equity-to-Asset Historical Data
The historical data trend for China Starch 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.
Competitive Comparison of China Starch Holdings's Equity-to-Asset
For the Packaged Foods subindustry, China Starch 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.
China Starch Holdings's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China Starch Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where China Starch Holdings's Equity-to-Asset falls into.
China Starch 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.
China Starch Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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 Starch Holdings (HKSE:03838) 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 Starch Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of China Starch Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
China Starch Holdings (HKSE:03838) Business Description
China Starch Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sale of cornstarch, lysine, starch-based sweetener, modified starch and ancillary corn-based and corn-refined products. The company's segments are Upstream products which is engaged in the manufacture and sale of cornstarch and ancillary corn-refined products and Fermented and downstream products which is engaged in the manufacture and sale of lysine, starch-based sweetener, modified starch, and other products.
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