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China Lesso Group Holdings (HKSE:02128) Equity-to-Asset : 0.41 (As of Dec. 2024)


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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Lesso Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$25,458 Mil. China Lesso Group Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$62,276 Mil. Therefore, China Lesso Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.41.

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

HKSE:02128' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.42   Max: 0.59
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of China Lesso Group Holdings was 0.59. The lowest was 0.37. And the median was 0.42.

HKSE:02128's Equity-to-Asset is ranked worse than
56.14% of 1744 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:02128: 0.41

China Lesso Group Holdings Equity-to-Asset Historical Data

The historical data trend for China Lesso 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 Lesso Group Holdings Equity-to-Asset Chart

China Lesso Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.38 0.37 0.39 0.41

China Lesso Group Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.37 0.37 0.39 0.39 0.41

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

For the Building Products & Equipment subindustry, China Lesso 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 Lesso Group Holdings's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Lesso Group Holdings's Equity-to-Asset distribution charts can be found below:

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


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China Lesso 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 Lesso Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=25457.919/62276.307
=0.41

China Lesso Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=25457.919/62276.307
=0.41

* 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 Lesso Group Holdings  (HKSE:02128) 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 Lesso Group Holdings Equity-to-Asset Related Terms

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China Lesso Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Liansu Industrial Estate, Longjiang Town, Shunde District, Foshan, CHN, 528318
China Lesso Group Holdings Ltd is engaged in the manufacturing and selling of piping and building materials in Mainland China. The company provides high-quality products and services such as plastic piping, building materials, and home improvement, new energy, environmental protection, and operates a supply chain service platform. It has three segments Southern China, including Guangdong Province, Guangxi Zhuang Autonomous Region, Hunan Province, Fujian Province, and Hainan Province; Other than Southern China, including regions in China other than Southern China; and Outside China.
Executives
Ubs Trustees (b.v.i.) Limited 2301 Trustee
New Fortune Star Limited 2101 Beneficial owner
Wong Luen Hei 2307 Founder of a discretionary trust who can infl
Zuo Xiaoping 2305 Beneficiary of a trust
Xi Xi Development Limited 2201 Interest of corporation controlled by you

China Lesso Group Holdings Headlines

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