Fujing Holdings Co (HKSE:02497) Equity-to-Asset : 0.90 (As of Dec. 2023)

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What is Fujing Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fujing Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$371.51 Mil. Fujing Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$411.88 Mil. Therefore, Fujing Holdings Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.90.

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

HKSE:02497' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.85 Med: 0.88 Max: 0.9
Current: 0.9

During the past 4 years, the highest Equity to Asset Ratio of Fujing Holdings Co was 0.90. The lowest was 0.85. And the median was 0.88.

HKSE:02497's Equity-to-Asset is ranked better than
95.64% of 1927 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs HKSE:02497: 0.90

Fujing Holdings Co Equity-to-Asset Historical Data

The historical data trend for Fujing Holdings Co'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.

Fujing Holdings Co Equity-to-Asset Chart

Fujing Holdings Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.85

0.89

0.88

0.90

Fujing Holdings Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	May23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.88	0.88	0.90	0.90

Competitive Comparison of Fujing Holdings Co's Equity-to-Asset

For the Farm Products subindustry, Fujing Holdings Co'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.

Fujing Holdings Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fujing Holdings Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fujing Holdings Co's Equity-to-Asset falls into.

Fujing Holdings Co 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.

Fujing Holdings Co'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
	=	371.505	/	411.88
	=	0.90

Fujing Holdings Co'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
	=	371.505	/	411.88
	=	0.90

Fujing Holdings Co (HKSE:02497) 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%.

Fujing Holdings Co Equity-to-Asset Related Terms

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

Fujing Holdings Co (HKSE:02497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fujing Holdings Co Ltd (HKSE:02497) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huanhu North Road South, Nanbu Village South, Rizhuang Town Laixi, Shandong Province, Qingdao, CHN

Website

http://www.fujingnongye.com

Fujing Holdings Co Ltd is a potted vegetable producer in Shandong province of the PRC. The group mainly sells potted vegetable agricultural products, among which chrysanthemum, rapeseed, bitter chrysanthemum, lettuce, pakchoi, and lettuce are the group's main products.

Executives

Wider International Group Limited	2101 Beneficial owner
Zhang Yonggang	2201 Interest of corporation controlled by you
Beauty Sources Holdings Limited	2101 Beneficial owner
Geng Qi	2201 Interest of corporation controlled by you

Fujing Holdings Co (HKSE:02497) Headlines

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