The historical rank and industry rank for Hing Lee (HK) Holdings's Equity-to-Asset or its related term are showing as below:
HKSE:00396'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.61 Max: 0.78
Current: 0.78
During the past 13 years, the highest Equity to Asset Ratio of Hing Lee (HK) Holdings was 0.78. The lowest was 0.49. And the median was 0.61.
HKSE:00396's Equity-to-Asset is ranked better than 86.93% of 436
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56
vs HKSE:00396: 0.78
Hing Lee (HK) Holdings Equity-to-Asset Historical Data
The historical data trend for Hing Lee (HK) 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.
Competitive Comparison of Hing Lee (HK) Holdings's Equity-to-Asset
For the Furnishings, Fixtures & Appliances subindustry, Hing Lee (HK) 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.
Hing Lee (HK) Holdings's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hing Lee (HK) Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hing Lee (HK) Holdings's Equity-to-Asset falls into.
Hing Lee (HK) 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.
Hing Lee (HK) Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Hing Lee (HK) Holdings (HKSE:00396) 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%.
Hing Lee (HK) Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Hing Lee (HK) Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Hing Lee (HK) Holdings Ltd is an investment holding company principally engaged in the furniture business. The Company is engaged in the design, manufacture, sale, and marketing of residential furniture products, mainly including wooden furniture, sofas, and mattresses. The Company is also engaged in the provision of layout design and decoration services, marketing services related to product display, and licensing of its own brand and product designs.
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