FAR International Holdings Group Co (HKSE:02516) Equity-to-Asset : 0.54 (As of Dec. 2023)

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What is FAR International Holdings Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FAR International Holdings Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$713 Mil. FAR International Holdings Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$1,320 Mil. Therefore, FAR International Holdings Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

HKSE:02516' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54 Med: 0.76 Max: 0.83
Current: 0.54

During the past 4 years, the highest Equity to Asset Ratio of FAR International Holdings Group Co was 0.83. The lowest was 0.54. And the median was 0.76.

HKSE:02516's Equity-to-Asset is ranked better than
58.53% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs HKSE:02516: 0.54

FAR International Holdings Group Co Equity-to-Asset Historical Data

The historical data trend for FAR International Holdings Group 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.

FAR International Holdings Group Co Equity-to-Asset Chart

FAR International Holdings Group Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.71

0.82

0.83

0.54

FAR International Holdings Group Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.82	-	0.83	0.76	0.54

Competitive Comparison of FAR International Holdings Group Co's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, FAR International Holdings Group 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.

FAR International Holdings Group Co's Equity-to-Asset Distribution in the Transportation Industry

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

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

FAR International Holdings Group 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.

FAR International Holdings Group 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
	=	713.141	/	1320.316
	=	0.54

FAR International Holdings Group 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
	=	713.141	/	1320.316
	=	0.54

FAR International Holdings Group Co (HKSE:02516) 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%.

FAR International Holdings Group Co Equity-to-Asset Related Terms

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

FAR International Holdings Group Co (HKSE:02516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FAR International Holdings Group Co Ltd (HKSE:02516) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22 Changcheng Street, Room 201, Hangzhou Cross-border e-commerce, Industrial Park, Gongshu District, Zhejiang Province, Hangzhou City, CHN

Website

FAR International Holdings Group Co Ltd is a cross-border e-commerce logistics service provider based in the PRC principally engaged in the provision of end-to-end cross-border logistics services.

Executives

Lao Minzhong	2202 Interest of your spouse
Wang Quan	2201 Interest of corporation controlled by you
Zi Yue Holdings Limited	2101 Beneficial owner
Ye Jianrong	2201 Interest of corporation controlled by you
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2101 Beneficial owner
Taobao Holding Limited	2201 Interest of corporation controlled by you
Hangzhou City Gongshu District State-owned Investment Holding Group Co., Ltd.	2201 Interest of corporation controlled by you
Hangzhou Gongshu State-owned Innovation Development Co., Ltd.	2201 Interest of corporation controlled by you
Gensis Far Holdings Limited	2101 Beneficial owner

FAR International Holdings Group Co (HKSE:02516) Headlines

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