Yadong Group Holdings (HKSE:01795) Equity-to-Asset : 0.34 (As of Dec. 2023)

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What is Yadong Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yadong Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$302 Mil. Yadong Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$897 Mil. Therefore, Yadong Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

HKSE:01795' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.34 Max: 0.38
Current: 0.34

During the past 7 years, the highest Equity to Asset Ratio of Yadong Group Holdings was 0.38. The lowest was 0.24. And the median was 0.34.

HKSE:01795's Equity-to-Asset is ranked worse than
74.89% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs HKSE:01795: 0.34

Yadong Group Holdings Equity-to-Asset Historical Data

The historical data trend for Yadong Group 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.

Yadong Group Holdings Equity-to-Asset Chart

Yadong Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.24

0.37

0.34

Yadong Group Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial						0.34	0.34	0.34	0.34	0.34

Competitive Comparison of Yadong Group Holdings's Equity-to-Asset

For the Textile Manufacturing subindustry, Yadong Group 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.

Yadong Group Holdings's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Yadong Group 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.

Yadong Group Holdings'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
	=	302.118	/	897.447
	=	0.34

Yadong Group Holdings'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
	=	302.118	/	897.447
	=	0.34

Yadong Group Holdings (HKSE:01795) 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%.

Yadong Group Holdings Equity-to-Asset Related Terms

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

Yadong Group Holdings (HKSE:01795) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yadong Group Holdings Ltd (HKSE:01795) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

288 Des Voeux Road, Unit B, 11th Floor Eton Building, Central, Hong Kong, HKG

Website

http://www.yadongtextile.com

Yadong Group Holdings Ltd is engaged in designing, processing and sale of textile fabric products. It is also engaged in the provision of just processing services. The company's textile fabric products are categorized into two broad types, namely plain weave Fabrics, and Corduroy fabrics. The company sell its textile fabric products mainly to garment manufacturers as well as trading companies.

Executives

Hu Beixia	2202 Interest of your spouse
Oriental Ever Holdings Limited	2101 Beneficial owner
Xue Shidong	2201 Interest of corporation controlled by you

Yadong Group Holdings (HKSE:01795) Headlines

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