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China Huirong Financial Holdings (HKSE:01290) Equity-to-Asset : 0.55 (As of Dec. 2024)


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What is China Huirong Financial Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Huirong Financial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$2,043.1 Mil. China Huirong Financial Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$3,741.3 Mil. Therefore, China Huirong Financial Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.55.

The historical rank and industry rank for China Huirong Financial Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:01290' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.58   Max: 0.7
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of China Huirong Financial Holdings was 0.70. The lowest was 0.51. And the median was 0.58.

HKSE:01290's Equity-to-Asset is ranked worse than
62.67% of 501 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs HKSE:01290: 0.55

China Huirong Financial Holdings Equity-to-Asset Historical Data

The historical data trend for China Huirong Financial 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.

* Premium members only.

China Huirong Financial Holdings Equity-to-Asset Chart

China Huirong Financial Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.66 0.63 0.57 0.55

China Huirong Financial Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.63 0.63 0.57 0.53 0.55

Competitive Comparison of China Huirong Financial Holdings's Equity-to-Asset

For the Financial Conglomerates subindustry, China Huirong Financial 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.


China Huirong Financial Holdings's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Huirong Financial Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Huirong Financial Holdings's Equity-to-Asset falls into.


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China Huirong Financial 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.

China Huirong Financial Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=2043.118/3741.259
=0.55

China Huirong Financial Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=2043.118/3741.259
=0.55

* 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.


China Huirong Financial Holdings  (HKSE:01290) 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%.


China Huirong Financial Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of China Huirong Financial Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


China Huirong Financial Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Yingchun Road, 9th Floor, Building A, Wuzhong District, Jiangsu Province, Suzhou, CHN
China Huirong Financial Holdings Ltd is an investment holding company. Its business divisions are the Inclusive finance business and Ecology finance business division. The Inclusive finance business division refers to the provision of lending services in the PRC. From the product perspective, the inclusive finance business division is principally engaged in lending services through granting secured loans and unsecured loans to customers. The ecology finance business division which is the key revenue driver, mainly dedicates services to supply chain, loan facilitation technology, factoring, insurance agency, and equity investment business.
Executives
Chen Yannan
Zhu Tianxiao 2201 Interest of corporation controlled by you
Xiaolai Investment Co., Ltd 2101 Beneficial owner
Baoxiang Investment Co., Ltd 2101 Beneficial owner
Zhang Xiangrong 2201 Interest of corporation controlled by you
Southern Swan Investment Co., Ltd 2101 Beneficial owner
Xilai Investment Co., Ltd 2101 Beneficial owner

China Huirong Financial Holdings Headlines

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