Tian Tu Capital Co (HKSE:01973) Equity-to-Asset : 0.41 (As of Jun. 2023)

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What is Tian Tu Capital Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tian Tu Capital Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$7,744.97 Mil. Tian Tu Capital Co's Total Assets for the quarter that ended in Jun. 2023 was HK$18,856.83 Mil. Therefore, Tian Tu Capital Co's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.41.

The historical rank and industry rank for Tian Tu Capital Co's Equity-to-Asset or its related term are showing as below:

HKSE:01973' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.39 Max: 0.44
Current: 0.44

During the past 4 years, the highest Equity to Asset Ratio of Tian Tu Capital Co was 0.44. The lowest was 0.37. And the median was 0.39.

HKSE:01973's Equity-to-Asset is ranked worse than
85.24% of 1721 companies
in the Asset Management industry
Industry Median: 0.83 vs HKSE:01973: 0.44

Tian Tu Capital Co Equity-to-Asset Historical Data

The historical data trend for Tian Tu Capital 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.

Tian Tu Capital Co Equity-to-Asset Chart

Tian Tu Capital Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.37

0.38

0.42

0.44

Tian Tu Capital Co Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.42	-	0.41	0.44

Competitive Comparison of Tian Tu Capital Co's Equity-to-Asset

For the Asset Management subindustry, Tian Tu Capital 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.

Tian Tu Capital Co's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tian Tu Capital Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tian Tu Capital Co's Equity-to-Asset falls into.

Tian Tu Capital 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.

Tian Tu Capital Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	8148.151	/	19601.649
	=	0.42

Tian Tu Capital Co's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7744.974	/	18856.829
	=	0.41

Tian Tu Capital Co (HKSE:01973) 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%.

Tian Tu Capital Co Equity-to-Asset Related Terms

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

Tian Tu Capital Co (HKSE:01973) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tian Tu Capital Co Ltd (HKSE:01973) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4068 Qiaoxiang Road, 23/Floor-2/3, Building B, Intelligence Plaza, Nanshan, Shenzhen, CHN

Website

http://www.tiantucapital.com

Tian Tu Capital Co Ltd is a leading private equity investor and fund manager committed to driving the growth of Chinese consumer brands and companies. It manages capital for institutional investors and high-net-worth individuals and makes investments through its funds under management and directly using its own capital.

Executives

Atrenew Inc.	2101 Beneficial owner
Liberty Yard Limited	2101 Beneficial owner
Wen Liyuan	2201 Interest of corporation controlled by you
Cao Minghui	2201 Interest of corporation controlled by you
Marvel Horizon Limited	2101 Beneficial owner
Yang Guang Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Qing Dao Hai Nuo Tou Zi Fa Zhan You Xian Gong Si	2101 Beneficial owner
Qing Dao Hai Ming Cheng Shi Fa Zhan You Xian Gong Si	2101 Beneficial owner
Chang Cheng Ji Jin Guan Li You Xian Gong Si	2301 Trustee
Qing Dao Jing Ji Ji Shu Kai Fa Qu Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Qing Dao Jing Ji Ji Shu Kai Fa Qu Jin Rong Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Shen Zhen Shi Fu Tian Yin Dao Ji Jin Tou Zi You Xian Gong Si	2101 Beneficial owner

Tian Tu Capital Co (HKSE:01973) Headlines

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