Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fulu Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,391.3 Mil. Fulu Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,927.9 Mil.
Therefore, Fulu Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.72.
The historical rank and industry rank for Fulu Holdings's Equity-to-Asset or its related term are showing as below:
HKSE:02101'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.72 Max: 0.85
Current: 0.72
During the past 7 years, the highest Equity to Asset Ratio of Fulu Holdings was 0.85. The lowest was 0.35. And the median was 0.72.
HKSE:02101's Equity-to-Asset is ranked better than 84.45% of 1119
companies
in the Retail - Cyclical industry
Industry Median: 0.44
vs HKSE:02101: 0.72
Fulu Holdings Equity-to-Asset Historical Data
The historical data trend for Fulu 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.
Competitive Comparison of Fulu Holdings's Equity-to-Asset
For the Internet Retail subindustry, Fulu 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.
Fulu Holdings's Equity-to-Asset Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Fulu Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Fulu Holdings's Equity-to-Asset falls into.
Fulu 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.
Fulu Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Fulu Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Fulu Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Fulu Holdings Ltd is a third-party virtual goods and services platform operator in China. Its platform connects virtual goods vendors and virtual goods sales channels. It serves virtual goods vendors, covering leisure and entertainment, games, telecommunications, and lifestyle services, providing virtual goods vendors with access to a variety of sales channels, such as e-commerce and online payment platforms. It generates revenues from providing business-to-business services to virtual goods vendors and sales channels, including facilitating virtual goods transactions between virtual goods vendors and virtual goods sales channels and providing value-added services. It generates revenue from four business segments: leisure and entertainment; games; telecommunications; and lifestyle.
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