Huarong International Financial Holdings (FRA:93W) Equity-to-Asset : -0.42 (As of Dec. 2023)

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What is Huarong International Financial Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huarong International Financial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-194.52 Mil. Huarong International Financial Holdings's Total Assets for the quarter that ended in Dec. 2023 was €460.07 Mil. Therefore, Huarong International Financial Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.42.

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

FRA:93W' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.42 Med: 0.06 Max: 0.74
Current: -0.42

During the past 13 years, the highest Equity to Asset Ratio of Huarong International Financial Holdings was 0.74. The lowest was -0.42. And the median was 0.06.

FRA:93W's Equity-to-Asset is ranked worse than
98.89% of 1717 companies
in the Asset Management industry
Industry Median: 0.83 vs FRA:93W: -0.42

Huarong International Financial Holdings Equity-to-Asset Historical Data

The historical data trend for Huarong International Financial 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.

Huarong International Financial Holdings Equity-to-Asset Chart

Huarong International Financial Holdings Annual Data

Trend

Apr14

Apr15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.06

-0.01

-0.19

-0.13

-0.42

Huarong International Financial Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-0.19	-0.42	-0.13	-0.26	-0.42

Competitive Comparison of Huarong International Financial Holdings's Equity-to-Asset

For the Asset Management subindustry, Huarong International Financial 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.

Huarong International Financial Holdings's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Huarong International Financial Holdings's Equity-to-Asset distribution charts can be found below:

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

Huarong International Financial 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.

Huarong International Financial 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
	=	-194.519	/	460.069
	=	-0.42

Huarong International Financial 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
	=	-194.519	/	460.069
	=	-0.42

Huarong International Financial Holdings (FRA:93W) 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%.

Huarong International Financial Holdings Equity-to-Asset Related Terms

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Huarong International Financial Holdings (FRA:93W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Huarong International Financial Holdings Ltd (FRA:93W) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

00993:Hong Kong

Address

60 Gloucester Road, 15th Floor, China Huarong Tower, Wanchai, Hong Kong, HKG

Website

https://www.hrif.com.hk

Huarong International Financial Holdings Ltd is a finance company that provides brokerage services on securities, investment banking, futures, and asset management. The company operates through four segments. The securities segment is composed of the brokerage and trading of securities, futures and options contracts, and margin financing services. The corporate finance segment provides securities underwriting, sponsoring, and financial advisory services to institutional clients. The asset management and direct investment segment consists of asset management services and direct investments in equities, bonds, funds, derivative instruments, and other financial products. The financial services and others segment comprises finance lease services and business consulting services.

Huarong International Financial Holdings (FRA:93W) Headlines

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