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Hang Lung Group (Hang Lung Group) Equity-to-Asset

: 0.41 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hang Lung Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12,082 Mil. Hang Lung Group's Total Assets for the quarter that ended in Dec. 2023 was $29,636 Mil. Therefore, Hang Lung Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.

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

HNLGY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.41   Max: 0.44
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Hang Lung Group was 0.44. The lowest was 0.37. And the median was 0.41.

HNLGY's Equity-to-Asset is ranked worse than
54.49% of 1837 companies
in the Real Estate industry
Industry Median: 0.44 vs HNLGY: 0.41

Hang Lung Group Equity-to-Asset Historical Data

The historical data trend for Hang Lung 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.

Hang Lung Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.41 0.40 0.41 0.41

Hang Lung Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.41 0.41 0.41 0.41

Competitive Comparison

For the Real Estate Services subindustry, Hang Lung 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.


Hang Lung Group Equity-to-Asset Distribution

For the Real Estate industry and Real Estate sector, Hang Lung Group's Equity-to-Asset distribution charts can be found below:

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



Hang Lung 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.

Hang Lung 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
=12082.256/29636.098
=0.41

Hang Lung 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
=12082.256/29636.098
=0.41

* 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.


Hang Lung Group  (OTCPK:HNLGY) 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%.


Hang Lung Group Equity-to-Asset Related Terms

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Hang Lung Group (Hang Lung Group) Business Description

Traded in Other Exchanges
Address
4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hang Lung Group Ltd is an investment holding company engaged in the property leasing business. The Company operates its business through two segments. The Property Leasing segment engages in the property leasing operation. The Company's investment properties portfolio consists of retail, office, residential, serviced apartments, and car parks, located in mainland China and Hong Kong, and the Property Sales segment engages in the development and sale of trading properties in mainland China and Hong Kong. It derives a majority of its revenue from the property leasing segment.

Hang Lung Group (Hang Lung Group) Headlines