GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Oriented International Holdings Ltd (HKSE:01871) » Definitions » Equity-to-Asset

China Oriented International Holdings (HKSE:01871) Equity-to-Asset : 0.70 (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is China Oriented International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Oriented International Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$207.59 Mil. China Oriented International Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$294.83 Mil. Therefore, China Oriented International Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.70.

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

HKSE:01871' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.65   Max: 0.7
Current: 0.7

During the past 9 years, the highest Equity to Asset Ratio of China Oriented International Holdings was 0.70. The lowest was 0.15. And the median was 0.65.

HKSE:01871's Equity-to-Asset is ranked better than
72.53% of 273 companies
in the Education industry
Industry Median: 0.54 vs HKSE:01871: 0.70

China Oriented International Holdings Equity-to-Asset Historical Data

The historical data trend for China Oriented International 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 Oriented International Holdings Equity-to-Asset Chart

China Oriented International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.67 0.67 0.65 0.66 0.70

China Oriented International Holdings Semi-Annual Data
Dec16 Dec17 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 0.65 0.64 0.66 0.70 0.70

Competitive Comparison of China Oriented International Holdings's Equity-to-Asset

For the Education & Training Services subindustry, China Oriented International 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 Oriented International Holdings's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Oriented International Holdings's Equity-to-Asset distribution charts can be found below:

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


;
;

China Oriented International 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 Oriented International 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
=207.347/315.393
=0.66

China Oriented International Holdings'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
=207.59/294.833
=0.70

* 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 Oriented International Holdings  (HKSE:01871) 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 Oriented International Holdings Equity-to-Asset Related Terms

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


China Oriented International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Baililiu Village, Zhutang Township, Suiping Count, Henan Province, Zhumadian, CHN
China Oriented International Holdings Ltd is engaged in providing driving training services. It has two driving schools, namely, Shun Da School and Tong Tai School. Shun Da School offers driving training services for preparation for Driving Tests of small manual cars and Tong Tai School is a qualified level I driving school offering driving training services for preparation for driving tests of both Large Vehicles and Small Vehicles. The Group's operation is regarded as one reportable and operating segment which is provision of driving training services. All of the group's revenue is derived from the PRC.
Executives
Ample Star Global Limited 2101 Beneficial owner
Greater Sino Ventures Limited 2101 Beneficial owner
China Castson 81 Finance Company Limited 2101 Beneficial owner
Hui Ching Ping 2202 Interest of your spouse
Ling Wai Leung 2201 Interest of corporation controlled by you
Pu Xiong Tou Zi You Xian Gong Si 2101 Beneficial owner
Gao Dongju 2202 Interest of your spouse
Qi Xiangzhong 2201 Interest of corporation controlled by you
China Internet Investment Finance Holdings Limited 2201 Interest of corporation controlled by you
Shou Yue Kong Gu You Xian Gong Si 2101 Beneficial owner

China Oriented International Holdings Headlines

No Headlines