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China General Education Group (HKSE:02175) Equity-to-Asset : 0.88 (As of Feb. 2022)


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What is China General Education Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China General Education Group's Total Stockholders Equity for the quarter that ended in Feb. 2022 was HK$1,976.1 Mil. China General Education Group's Total Assets for the quarter that ended in Feb. 2022 was HK$2,256.1 Mil. Therefore, China General Education Group's Equity to Asset Ratio for the quarter that ended in Feb. 2022 was 0.88.

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

HKSE:02175's Equity-to-Asset is not ranked *
in the Education industry.
Industry Median: 0.52
* Ranked among companies with meaningful Equity-to-Asset only.

China General Education Group Equity-to-Asset Historical Data

The historical data trend for China General Education Group'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 General Education Group Equity-to-Asset Chart

China General Education Group Annual Data
Trend Aug18 Aug19 Aug20 Aug21
Equity-to-Asset
0.70 0.74 0.91 0.84

China General Education Group Semi-Annual Data
Aug18 Aug19 Aug20 Feb21 Aug21 Feb22
Equity-to-Asset Get a 7-Day Free Trial 0.74 0.91 - 0.84 0.88

Competitive Comparison of China General Education Group's Equity-to-Asset

For the Education & Training Services subindustry, China General Education Group'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 General Education Group's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China General Education Group's Equity-to-Asset distribution charts can be found below:

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



China General Education Group 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 General Education Group's Equity to Asset Ratio for the fiscal year that ended in Aug. 2021 is calculated as

Equity to Asset (A: Aug. 2021 )=Total Stockholders Equity/Total Assets
=1891.677/2265.729
=0.83

China General Education Group's Equity to Asset Ratio for the quarter that ended in Feb. 2022 is calculated as

Equity to Asset (Q: Feb. 2022 )=Total Stockholders Equity/Total Assets
=1976.128/2256.066
=0.88

* 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 General Education Group  (HKSE:02175) 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 General Education Group Equity-to-Asset Related Terms

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China General Education Group (HKSE:02175) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Wucheng South Road, Xiaodian District, Shanxi Province, Taiyuan, CHN
China General Education Group Ltd is principally engaged in the provision of higher education services. The company operates one college, Shanxi Technology and Business College, in which it offers bachelor's degree programs in a total of around 39 majors including three concentrations to undergraduate students including accounting, auditing, civil engineering and business administration.

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