Seacon Shipping Group Holdings (HKSE:02409) Equity-to-Asset : 0.38 (As of Dec. 2024)

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What is Seacon Shipping Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seacon Shipping Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$1,754 Mil. Seacon Shipping Group Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$4,655 Mil. Therefore, Seacon Shipping Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.38.

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

HKSE:02409' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.28 Max: 0.38
Current: 0.38

During the past 6 years, the highest Equity to Asset Ratio of Seacon Shipping Group Holdings was 0.38. The lowest was 0.02. And the median was 0.28.

HKSE:02409's Equity-to-Asset is ranked worse than
66.6% of 997 companies
in the Transportation industry
Industry Median: 0.5 vs HKSE:02409: 0.38

Seacon Shipping Group Holdings Equity-to-Asset Historical Data

The historical data trend for Seacon Shipping 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.

Seacon Shipping Group Holdings Equity-to-Asset Chart

Seacon Shipping Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Equity-to-Asset

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0.03

0.21

0.36

0.35

0.38

Seacon Shipping Group Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial				0.36	0.39	0.35	0.32	0.38

Competitive Comparison of Seacon Shipping Group Holdings's Equity-to-Asset

For the Marine Shipping subindustry, Seacon Shipping 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.

Seacon Shipping Group Holdings's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Seacon Shipping Group Holdings's Equity-to-Asset distribution charts can be found below:

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

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Seacon Shipping 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.

Seacon Shipping 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
	=	1753.679	/	4655.458
	=	0.38

Seacon Shipping 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
	=	1753.679	/	4655.458
	=	0.38

Seacon Shipping Group Holdings (HKSE:02409) 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%.

Seacon Shipping Group Holdings Equity-to-Asset Related Terms

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

Seacon Shipping Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Seacon Shipping Group Holdings Ltd (HKSE:02409) » Definitions » Equity-to-Asset

Traded in Other Exchanges

K2N:Germany

Address

No. 20 Zhuzhou Road, 23rd Floor, Block B, Building 3, Hisense Innovation Valley, Laoshan District, Shandong Province, Qingdao, CHN

Website

http://www.seacon.com

Seacon Shipping Group Holdings Ltd is an integrated shipping services provider. Its reportable segments are; Shipping business and Ship management business. The maximum revenue for the company is generated from its Shipping business segment which provides shipping services for commodity owners, traders, and shipping service companies through its controlled or chartered-in vessels.

Executives

Futu Trustee Limited	2301 Trustee
Tricor Equity Trustee Limited	2301 Trustee
Shining Friends Limited	2201 Interest of corporation controlled by you
Oceanic Flame Limited	2201 Interest of corporation controlled by you
Guo Jinkui	2501 Other
Li Xuyue	2202 Interest of your spouse
Jin Qiu Holding Ltd.	2101 Beneficial owner
Chen Meimei	2202 Interest of your spouse
Kaimei Holding Ltd.	2101 Beneficial owner
Jovial Alliance Limited	2101 Beneficial owner
Chen Zekai	2501 Other

Seacon Shipping Group Holdings Headlines

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