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High Fashion International (HKSE:00608) Equity-to-Asset : 0.49 (As of Dec. 2023)


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What is High Fashion International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. High Fashion International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,124 Mil. High Fashion International's Total Assets for the quarter that ended in Dec. 2023 was HK$6,350 Mil. Therefore, High Fashion International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

HKSE:00608' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.5   Max: 0.52
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of High Fashion International was 0.52. The lowest was 0.44. And the median was 0.50.

HKSE:00608's Equity-to-Asset is ranked worse than
54.61% of 1084 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs HKSE:00608: 0.49

High Fashion International Equity-to-Asset Historical Data

The historical data trend for High Fashion International'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.

High Fashion International Equity-to-Asset Chart

High Fashion International 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 0.50 0.51 0.51 0.51 0.49

High Fashion International 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 0.51 0.49 0.51 0.50 0.49

Competitive Comparison of High Fashion International's Equity-to-Asset

For the Apparel Manufacturing subindustry, High Fashion International'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.


High Fashion International's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, High Fashion International's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where High Fashion International's Equity-to-Asset falls into.



High Fashion International 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.

High Fashion International'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
=3123.85/6349.958
=0.49

High Fashion International'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
=3123.85/6349.958
=0.49

* 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.


High Fashion International  (HKSE:00608) 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%.


High Fashion International Equity-to-Asset Related Terms

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High Fashion International (HKSE:00608) Business Description

Traded in Other Exchanges
N/A
Address
1-11 Kwai Hei Street, Kwai Chung, 11th Floor, High Fashion Centre, New Territories, Hong Kong, HKG
High Fashion International Ltd is an investment holding company. It is engaged in the manufacture and trading of garments, as well as property investment and development.. The company's operating segments include the Manufacturing and trading of garments; and Property investment and development. The company operates in the United States, Greater China, Europe, and Other countries. It generates majority of the revenue from China.

High Fashion International (HKSE:00608) Headlines

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