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

: 0.61 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hang Lung Properties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $16,954 Mil. Hang Lung Properties's Total Assets for the quarter that ended in Dec. 2023 was $27,824 Mil. Therefore, Hang Lung Properties's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.61.

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

HLPPY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.69 Max: 0.74
Current: 0.61

During the past 13 years, the highest Equity to Asset Ratio of Hang Lung Properties was 0.74. The lowest was 0.61. And the median was 0.69.

HLPPY's Equity-to-Asset is ranked better than
73.12% of 1838 companies
in the Real Estate industry
Industry Median: 0.44 vs HLPPY: 0.61

Hang Lung Properties Equity-to-Asset Historical Data

The historical data trend for Hang Lung Properties'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 Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.69

0.65

0.63

0.61

Hang Lung Properties 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																0.63	0.63	0.63	0.62	0.61

Competitive Comparison

For the Real Estate Services subindustry, Hang Lung Properties'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 Properties Equity-to-Asset Distribution

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

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

Hang Lung Properties 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 Properties'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
	=	16954.083	/	27824.272
	=	0.61

Hang Lung Properties'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
	=	16954.083	/	27824.272
	=	0.61

Hang Lung Properties (OTCPK:HLPPY) 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 Properties Equity-to-Asset Related Terms

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

Hang Lung Properties (Hang Lung Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (OTCPK:HLPPY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

HLPPF:USA 00101:Hong Kong AOP:Germany

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglung.com

Hung Lung Properties is the property arm of Hang Lung Group. The company primarily operates in Hong Kong and China where it develops and invests in a portfolio of commercial properties for rental income as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 59% owned by Hang Lung Group, and led by Ronnie Chan, who has been the chairman of the company since 1991.