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China SCE Group Holdings (HKSE:01966) Equity-to-Asset : 0.06 (As of Dec. 2023)


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What is China SCE Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China SCE Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$10,636 Mil. China SCE Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$183,634 Mil. Therefore, China SCE Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.06.

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

HKSE:01966' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.14   Max: 0.22
Current: 0.06

During the past 13 years, the highest Equity to Asset Ratio of China SCE Group Holdings was 0.22. The lowest was 0.06. And the median was 0.14.

HKSE:01966's Equity-to-Asset is ranked worse than
94.05% of 1833 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:01966: 0.06

China SCE Group Holdings Equity-to-Asset Historical Data

The historical data trend for China SCE 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.

China SCE Group Holdings Equity-to-Asset Chart

China SCE Group Holdings 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 0.12 0.12 0.11 0.10 0.06

China SCE Group Holdings 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 0.11 0.10 0.09 0.06 -

Competitive Comparison of China SCE Group Holdings's Equity-to-Asset

For the Real Estate - Development subindustry, China SCE 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.


China SCE Group Holdings's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China SCE Group Holdings's Equity-to-Asset distribution charts can be found below:

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



China SCE 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.

China SCE 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
=10635.631/183634.195
=0.06

China SCE 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
=10635.631/183634.195
=0.06

* 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 SCE Group Holdings  (HKSE:01966) 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 SCE Group Holdings Equity-to-Asset Related Terms

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


China SCE Group Holdings Business Description

Traded in Other Exchanges
Address
No. 2, Lane 1688, Shenchang Road, SCE Tower, Hongqiao Business District, Shanghai, CHN
China SCE Group Holdings Ltd is engaged in property development, commercial management, property management and long-term rental apartments business. The company has a regionally focused development strategy in the Yangtze River Delta Economic Zone, the Bohai Rim Economic Zone, the Guangdong-Hong Kong-Macao Greater Bay Area, the West Taiwan Strait Economic Zone and the Central Western Region. The group has property projects including high-rise residential buildings, offices, shopping malls and long-term rental apartments.
Executives
Wong Chiu Yeung 2201 Interest of corporation controlled by you
Newup Holdings Limited 2101 Beneficial owner
Rising Trade Holdings Limited 2101 Beneficial owner
Wealthy Gate Holdings Limited 2101 Beneficial owner
Chen Yuanlai 2201 Interest of corporation controlled by you
Cheng Hiu Lok 2201 Interest of corporation controlled by you
Keen Century Investments Limited 2101 Beneficial owner
East Waves Investments Limited 2101 Beneficial owner

China SCE Group Holdings Headlines

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