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Chu Kong Shipping Enterprises (Group) Co (FRA:CKW) Equity-to-Asset : 0.70 (As of Dec. 2023)


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What is Chu Kong Shipping Enterprises (Group) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chu Kong Shipping Enterprises (Group) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €374.2 Mil. Chu Kong Shipping Enterprises (Group) Co's Total Assets for the quarter that ended in Dec. 2023 was €533.8 Mil. Therefore, Chu Kong Shipping Enterprises (Group) Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

The historical rank and industry rank for Chu Kong Shipping Enterprises (Group) Co's Equity-to-Asset or its related term are showing as below:

FRA:CKW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.69   Max: 0.72
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Chu Kong Shipping Enterprises (Group) Co was 0.72. The lowest was 0.60. And the median was 0.69.

FRA:CKW's Equity-to-Asset is ranked better than
81.11% of 974 companies
in the Transportation industry
Industry Median: 0.49 vs FRA:CKW: 0.70

Chu Kong Shipping Enterprises (Group) Co Equity-to-Asset Historical Data

The historical data trend for Chu Kong Shipping Enterprises (Group) Co'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.

Chu Kong Shipping Enterprises (Group) Co Equity-to-Asset Chart

Chu Kong Shipping Enterprises (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.72 0.69 0.69 0.70

Chu Kong Shipping Enterprises (Group) Co 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 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 Premium Member Only 0.69 0.67 0.69 0.68 0.70

Competitive Comparison of Chu Kong Shipping Enterprises (Group) Co's Equity-to-Asset

For the Marine Shipping subindustry, Chu Kong Shipping Enterprises (Group) Co'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.


Chu Kong Shipping Enterprises (Group) Co's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chu Kong Shipping Enterprises (Group) Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chu Kong Shipping Enterprises (Group) Co's Equity-to-Asset falls into.



Chu Kong Shipping Enterprises (Group) Co 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.

Chu Kong Shipping Enterprises (Group) Co'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
=374.196/533.816
=0.70

Chu Kong Shipping Enterprises (Group) Co'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
=374.196/533.816
=0.70

* 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.


Chu Kong Shipping Enterprises (Group) Co  (FRA:CKW) 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%.


Chu Kong Shipping Enterprises (Group) Co Equity-to-Asset Related Terms

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Chu Kong Shipping Enterprises (Group) Co (FRA:CKW) Business Description

Traded in Other Exchanges
Address
143 Connaught Road, 24th Floor, Chu Kong Shipping Tower, Central, Hong Kong, HKG
Chu Kong Shipping Enterprises (Group) Co Ltd is an investment holding company, focusing mainly on terminal navigation logistics, high-speed waterway passenger transportation, and fuel supply business. The operating segments of the group are Cargo transportation; Cargo handling and storage; Passenger transportation; Fuel supply; and Corporate and other businesses. It derives key revenue from the Cargo transportation segment which consists of shipping agency, river trade cargo direct shipment and transhipment and container handling and trucking. The group's revenue is derived from operations carried out in Mainland China and Hong Kong.

Chu Kong Shipping Enterprises (Group) Co (FRA:CKW) Headlines

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