Yuxing InfoTech Investment Holdings (HKSE:08005) Equity-to-Asset : 0.81 (As of Dec. 2023)

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What is Yuxing InfoTech Investment Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yuxing InfoTech Investment Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,705.7 Mil. Yuxing InfoTech Investment Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$2,103.3 Mil. Therefore, Yuxing InfoTech Investment Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.81.

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

HKSE:08005' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64 Med: 0.81 Max: 0.87
Current: 0.81

During the past 13 years, the highest Equity to Asset Ratio of Yuxing InfoTech Investment Holdings was 0.87. The lowest was 0.64. And the median was 0.81.

HKSE:08005's Equity-to-Asset is ranked better than
86.48% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs HKSE:08005: 0.81

Yuxing InfoTech Investment Holdings Equity-to-Asset Historical Data

The historical data trend for Yuxing InfoTech Investment 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.

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Yuxing InfoTech Investment Holdings Equity-to-Asset Chart

Yuxing InfoTech Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.84

0.87

0.84

0.81

Yuxing InfoTech Investment Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.81	-	0.83	-	0.81

Competitive Comparison of Yuxing InfoTech Investment Holdings's Equity-to-Asset

For the Consumer Electronics subindustry, Yuxing InfoTech Investment 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.

Yuxing InfoTech Investment Holdings's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yuxing InfoTech Investment Holdings's Equity-to-Asset distribution charts can be found below:

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

Yuxing InfoTech Investment 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.

Yuxing InfoTech Investment 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
	=	1705.704	/	2103.286
	=	0.81

Yuxing InfoTech Investment 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
	=	1705.704	/	2103.286
	=	0.81

Yuxing InfoTech Investment Holdings (HKSE:08005) 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%.

Yuxing InfoTech Investment Holdings Equity-to-Asset Related Terms

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

Yuxing InfoTech Investment Holdings (HKSE:08005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yuxing InfoTech Investment Holdings Ltd (HKSE:08005) » Definitions » Equity-to-Asset

Traded in Other Exchanges

YXGC:Germany

Address

No. 3609 Baishi Road, Unit 3310, Block A1, Building 9, Shenzhenwan Science and Technology Ecological Garden, District 2, Nanshan District, Shenzhen, CHN

Website

http://www.yuxing.com.cn

Yuxing InfoTech Investment Holdings Ltd is a China-based conglomerate that is mainly involved in the information home appliances business, investing, and trading. It operates in five segments. Information Home Appliances segment which derives majority revenue involves in the manufacture, sales, and distribution of information home appliances and complementary products to consumer markets. The Investing segment includes trading of securities and investing in financial instruments. The Leasing segment comprises leasing out of properties. The IDC segment consists of construction, operation, and leasing out of properties. The Other Operations segment refers to the trading of miscellaneous materials. It has a business presence mainly in Australia, the People's Republic of China, and Hong Kong.

Yuxing InfoTech Investment Holdings (HKSE:08005) Headlines

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