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Best Pacific International Holdings (HKSE:02111) Equity-to-Asset : 0.54 (As of Dec. 2023)


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What is Best Pacific International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Best Pacific International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,214 Mil. Best Pacific International Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$5,983 Mil. Therefore, Best Pacific International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

HKSE:02111' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.51   Max: 0.6
Current: 0.54

During the past 11 years, the highest Equity to Asset Ratio of Best Pacific International Holdings was 0.60. The lowest was 0.43. And the median was 0.51.

HKSE:02111's Equity-to-Asset is ranked better than
52.78% of 1080 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs HKSE:02111: 0.54

Best Pacific International Holdings Equity-to-Asset Historical Data

The historical data trend for Best Pacific 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.

Best Pacific International Holdings Equity-to-Asset Chart

Best Pacific International 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 0.43 0.46 0.47 0.49 0.54

Best Pacific International 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 0.48 0.49 0.53 0.54 -

Competitive Comparison of Best Pacific International Holdings's Equity-to-Asset

For the Textile Manufacturing subindustry, Best Pacific 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.


Best Pacific International Holdings's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Best Pacific International Holdings's Equity-to-Asset distribution charts can be found below:

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



Best Pacific 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.

Best Pacific 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
=3214.318/5983.396
=0.54

Best Pacific International 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
=3214.318/5983.396
=0.54

* 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.


Best Pacific International Holdings  (HKSE:02111) 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%.


Best Pacific International Holdings Equity-to-Asset Related Terms

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


Best Pacific International Holdings Business Description

Traded in Other Exchanges
Address
Xinsha Port Industrial Park, Machong Town, Dongguan, CHN
Best Pacific International Holdings Ltd is a textile manufacturing company. The company, along with its subsidiaries, is a lingerie materials manufacturer that provides one-stop solutions through its comprehensive product line of both lingerie materials and sportswear materials. Its segments are the Manufacturing and trading of elastic fabric and lace and the Manufacturing and trading of elastic webbing. Manufacturing and trading of elastic fabric and lace segments derive maximum revenue for the company. The company's operations are spread across Hong Kong and the People's Republic of China.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Zhang Haitao 2202 Interest of your spouse
Zheng Tingting 2101 Beneficial owner
Fmr Llc 2201 Interest of corporation controlled by you
Mega Brilliant Enterprises Limited 2101 Beneficial owner
Fidelity Puritan Trust 2101 Beneficial owner
Lu Yuguang

Best Pacific International Holdings Headlines

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