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Tianyun International Holdings (HKSE:06836) Equity-to-Asset : 0.81 (As of Jun. 2023)


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What is Tianyun International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tianyun International Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$1,341.7 Mil. Tianyun International Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$1,659.8 Mil. Therefore, Tianyun International Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.81.

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

HKSE:06836' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.77   Max: 0.84
Current: 0.81

During the past 9 years, the highest Equity to Asset Ratio of Tianyun International Holdings was 0.84. The lowest was 0.61. And the median was 0.77.

HKSE:06836's Equity-to-Asset is ranked better than
87.3% of 1922 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs HKSE:06836: 0.81

Tianyun International Holdings Equity-to-Asset Historical Data

The historical data trend for Tianyun International 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.

Tianyun International Holdings Equity-to-Asset Chart

Tianyun International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.70 0.75 0.75 0.80 0.82

Tianyun International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.77 0.80 0.79 0.82 0.81

Competitive Comparison of Tianyun International Holdings's Equity-to-Asset

For the Packaged Foods subindustry, Tianyun International 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.


Tianyun International Holdings's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tianyun International Holdings's Equity-to-Asset distribution charts can be found below:

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



Tianyun International 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.

Tianyun International Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1261.375/1532.689
=0.82

Tianyun International Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1341.68/1659.77
=0.81

* 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.


Tianyun International Holdings  (HKSE:06836) 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%.


Tianyun International Holdings Equity-to-Asset Related Terms

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Tianyun International Holdings (HKSE:06836) Business Description

Traded in Other Exchanges
Address
Middle Phoenix Street, Hedong District, Shandong Province, Linyi, CHN
Tianyun International Holdings Ltd is an investment holding company, which engages in the manufacture, process, and trade of fruits in the People's Republic of China and internationally. The company provides processed fruit products packaged in metal containers, plastic cups, glass containers and aluminium foil bags; the production and sales of beverage products; and trading of fresh fruit. Processed fruit products are sold under its own brands Bingo Time, Tiantong Times and fruit zz. Beverage products are sold under its own brand Shiok Party. Its segment includes manufacturing and trading of fresh fruits and processed fruit products.

Tianyun International Holdings (HKSE:06836) Headlines

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