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Huafa Property Services Group Co (HKSE:00982) Equity-to-Asset : 0.34 (As of Jun. 2024)


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What is Huafa Property Services Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huafa Property Services Group Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$392 Mil. Huafa Property Services Group Co's Total Assets for the quarter that ended in Jun. 2024 was HK$1,141 Mil. Therefore, Huafa Property Services Group Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.34.

The historical rank and industry rank for Huafa Property Services Group Co's Equity-to-Asset or its related term are showing as below:

HKSE:00982' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.35   Med: 0.37   Max: 0.69
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Huafa Property Services Group Co was 0.69. The lowest was -0.35. And the median was 0.37.

HKSE:00982's Equity-to-Asset is not ranked
in the Real Estate industry.
Industry Median: 0.45 vs HKSE:00982: 0.34

Huafa Property Services Group Co Equity-to-Asset Historical Data

The historical data trend for Huafa Property Services 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.

Huafa Property Services Group Co Equity-to-Asset Chart

Huafa Property Services 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 0.28 -0.35 -0.15 - 0.23

Huafa Property Services Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.08 - 0.07 0.23 0.34

Competitive Comparison of Huafa Property Services Group Co's Equity-to-Asset

For the Real Estate Services subindustry, Huafa Property Services 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.


Huafa Property Services Group Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Huafa Property Services Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Huafa Property Services Group Co's Equity-to-Asset falls into.



Huafa Property Services 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.

Huafa Property Services 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
=267.067/1145.374
=0.23

Huafa Property Services Group Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=391.906/1141.008
=0.34

* 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.


Huafa Property Services Group Co  (HKSE:00982) 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%.


Huafa Property Services Group Co Equity-to-Asset Related Terms

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Huafa Property Services Group Co Business Description

Traded in Other Exchanges
N/A
Address
2 Queen’s Road Central, Room 3605, 36/F, Cheung Kong Center, Central, Hong Kong, HKG
Huafa Property Services Group Co Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of property management services, and hotel advisory and exhibition services in the PRC. Its operating segments of the group are Property management which involves the provision of property management services and related value-added services, including municipal supporting services and other services; and Hotel advisory and exhibition services which involves the provision of hotel advisory services, exhibition planning, and organization services. It derives prime revenue from the Property management segment. Geographically, the group derives revenue from Mainland China.
Executives
Zhu Hai Hua Fa Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhu Hai Hua Fa Shi Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Idg Light Solutions Limited 2101 Beneficial owner
Ho Chi Sing 2201 Interest of corporation controlled by you
Ho Chi Sing 2201 Interest of corporation controlled by you

Huafa Property Services Group Co Headlines

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