Sheen Tai Holdings Group Co (HKSE:01335) Equity-to-Asset : 0.94 (As of Jun. 2024)

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What is Sheen Tai Holdings Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sheen Tai Holdings Group Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$705.36 Mil. Sheen Tai Holdings Group Co's Total Assets for the quarter that ended in Jun. 2024 was HK$752.63 Mil. Therefore, Sheen Tai Holdings Group Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.94.

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

HKSE:01335' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.75 Max: 0.94
Current: 0.93

During the past 14 years, the highest Equity to Asset Ratio of Sheen Tai Holdings Group Co was 0.94. The lowest was 0.37. And the median was 0.75.

HKSE:01335's Equity-to-Asset is ranked better than
96.6% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs HKSE:01335: 0.93

Sheen Tai Holdings Group Co Equity-to-Asset Historical Data

The historical data trend for Sheen Tai Holdings 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.

Sheen Tai Holdings Group Co Equity-to-Asset Chart

Sheen Tai Holdings Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Equity-to-Asset

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0.93

0.94

0.93

Sheen Tai Holdings Group Co 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															0.94	0.94	0.93	0.94	0.93

Competitive Comparison of Sheen Tai Holdings Group Co's Equity-to-Asset

For the Utilities - Renewable subindustry, Sheen Tai Holdings 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.

Sheen Tai Holdings Group Co's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sheen Tai Holdings Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sheen Tai Holdings Group Co's Equity-to-Asset falls into.

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Sheen Tai Holdings 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.

Sheen Tai Holdings 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
	=	718.576	/	769.693
	=	0.93

Sheen Tai Holdings 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
	=	705.356	/	752.63
	=	0.94

Sheen Tai Holdings Group Co (HKSE:01335) 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%.

Sheen Tai Holdings Group Co Equity-to-Asset Related Terms

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

Sheen Tai Holdings Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sheen Tai Holdings Group Co Ltd (HKSE:01335) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

No. 18 Fenwick Street, Unit 1903, 19th Floor, Jubilee Centre, Wan Chai, Hong Kong, HKG

Website

http://www.sheentai.com

Sheen Tai Holdings Group Co Ltd is an investment holding company. The company operates through four segments namely Sales of sub-processing cigarette films segment engages in trading of sub-processing cigarette films; the Properties development and related services segment engages in the development and sales of properties and providing property management services; the Generation of photovoltaic power segment engages in generating and sales of electricity; and Sales of semi-conductors engages in trading of semi-conductors. The company derives a majority of its revenue from the sales of the semiconductor segment. The company generates maximum revenue from Hong Kong.

Executives

Sheen Tai Group Holding Limited	2101 Beneficial owner
Guo Yumin	2201 Interest of corporation controlled by you
Xia Yu	2202 Interest of your spouse
Dai Jizhou	2201 Interest of corporation controlled by you
Polly Power Group Limited	2101 Beneficial owner
Bai Chaoshun	2201 Interest of corporation controlled by you
Feng Yi Capital Limited	2201 Interest of corporation controlled by you

Sheen Tai Holdings Group Co Headlines

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