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Sky Chinafortune Holdings Group (HKSE:00141) Equity-to-Asset : 0.83 (As of Jun. 2022)


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What is Sky Chinafortune Holdings Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sky Chinafortune Holdings Group's Total Stockholders Equity for the quarter that ended in Jun. 2022 was HK$542.94 Mil. Sky Chinafortune Holdings Group's Total Assets for the quarter that ended in Jun. 2022 was HK$657.37 Mil. Therefore, Sky Chinafortune Holdings Group's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.83.

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

HKSE:00141's Equity-to-Asset is not ranked *
in the Real Estate industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Sky Chinafortune Holdings Group Equity-to-Asset Historical Data

The historical data trend for Sky Chinafortune Holdings 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.

Sky Chinafortune Holdings Group Equity-to-Asset Chart

Sky Chinafortune Holdings Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.85 0.84 0.81 0.82

Sky Chinafortune Holdings Group Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.83 0.81 0.80 0.82 0.83

Competitive Comparison of Sky Chinafortune Holdings Group's Equity-to-Asset

For the Real Estate Services subindustry, Sky Chinafortune Holdings 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.


Sky Chinafortune Holdings Group's Equity-to-Asset Distribution in the Real Estate Industry

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

* The bar in red indicates where Sky Chinafortune Holdings Group's Equity-to-Asset falls into.



Sky Chinafortune Holdings 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.

Sky Chinafortune Holdings Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=595.095/723.674
=0.82

Sky Chinafortune Holdings Group's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=542.936/657.367
=0.83

* 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.


Sky Chinafortune Holdings Group  (HKSE:00141) 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%.


Sky Chinafortune Holdings Group Equity-to-Asset Related Terms

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Sky Chinafortune Holdings Group (HKSE:00141) Business Description

Traded in Other Exchanges
N/A
Address
16-18 Queen’s Road Central, Room 1512, 15th Floor, New World Tower 1, Hong Kong, HKG
Sky Chinafortune Holdings Group Ltd is an investment holding company. It operates in three segments: Property investment, which includes leasing of properties situated in China; Trading of properties & property-related services, which is into the sale of properties situated in China, including the short-term leasing of properties held for sales and the provision of property-related services; and Retail business segment is into the sale of Chinese liquor and wine, and everyday items and ready-cooked food in the PRC. The majority of its revenue comes from the Property investment segment. The group has operations in the PRC.
Executives
Jiang Jiabao 2101 Beneficial owner
Jiang Tian 2101 Beneficial owner
Hopevision Group Ltd. 2101 Beneficial owner
Shanghai Chongsheng Investment Management Co., Ltd. 2201 Interest of corporation controlled by you

Sky Chinafortune Holdings Group (HKSE:00141) Headlines

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