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China Sunshine Paper Holdings Co. (HKSE:02002) Equity-to-Asset : 0.39 (As of Jun. 2024)


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What is China Sunshine Paper Holdings Co. Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Sunshine Paper Holdings Co.'s Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$5,120 Mil. China Sunshine Paper Holdings Co.'s Total Assets for the quarter that ended in Jun. 2024 was HK$13,016 Mil. Therefore, China Sunshine Paper Holdings Co.'s Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.39.

The historical rank and industry rank for China Sunshine Paper Holdings Co.'s Equity-to-Asset or its related term are showing as below:

HKSE:02002' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.26   Max: 0.39
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of China Sunshine Paper Holdings Co. was 0.39. The lowest was 0.19. And the median was 0.26.

HKSE:02002's Equity-to-Asset is ranked worse than
73.01% of 289 companies
in the Forest Products industry
Industry Median: 0.55 vs HKSE:02002: 0.39

China Sunshine Paper Holdings Co. Equity-to-Asset Historical Data

The historical data trend for China Sunshine Paper Holdings 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.

China Sunshine Paper Holdings Co. Equity-to-Asset Chart

China Sunshine Paper Holdings Co. 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 0.28 0.33 0.34 0.34 0.38

China Sunshine Paper Holdings Co. 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 0.34 0.34 0.35 0.38 0.39

Competitive Comparison of China Sunshine Paper Holdings Co.'s Equity-to-Asset

For the Paper & Paper Products subindustry, China Sunshine Paper Holdings 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.


China Sunshine Paper Holdings Co.'s Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Sunshine Paper Holdings Co.'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Sunshine Paper Holdings Co.'s Equity-to-Asset falls into.



China Sunshine Paper Holdings 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.

China Sunshine Paper Holdings 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
=4997.955/13295.03
=0.38

China Sunshine Paper Holdings 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
=5120.476/13016.488
=0.39

* 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 Sunshine Paper Holdings Co.  (HKSE:02002) 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 Sunshine Paper Holdings Co. Equity-to-Asset Related Terms

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China Sunshine Paper Holdings Co. Business Description

Traded in Other Exchanges
N/A
Address
No. 607 Shouyangshan Road, Changle Economic Development Zone, Shandong, Weifang, CHN, 262400
China Sunshine Paper Holdings Co. Ltd is principally engaged in the production and sale of paper products, electricity, and steam. The business activity of the firm is operated through White Top Linerboard, Coated white top liner board, Core Board, Specialised Paper Products, Corrugated Paper, and Electricity and Steam segments. The company offers products under three categories; Paper which includes an Uncoated white top test liner, coated white top liner core boar base paper, medium, and specialty paper; Preprint products, and Carton products. The group's operations, assets, and all customers are substantially located in China.
Executives
Sha Men Jian Fa Jiang Zhi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Sha Men Jian Fa Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Sha Men Jian Fa Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Sha Men Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Hong Kong Paper Sources Co., Limited 2101 Beneficial owner
Wu Rong
Zuo Xiwei
Zheng Fasheng
Zhang Zengguo
China Sunrise Paper Holdings Limited
Wang Yongqing
Wang Yilong
Wang Dongxing
China Sunshine Paper Investments Limited
Chen Xiaojun

China Sunshine Paper Holdings Co. Headlines

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