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Zhongliang Holdings Group Co (HKSE:02772) Equity-to-Asset : 0.04 (As of Dec. 2023)


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What is Zhongliang Holdings Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zhongliang Holdings Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$7,536 Mil. Zhongliang Holdings Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$197,720 Mil. Therefore, Zhongliang Holdings Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.

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

HKSE:02772' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01   Med: 0.04   Max: 0.05
Current: 0.04

During the past 8 years, the highest Equity to Asset Ratio of Zhongliang Holdings Group Co was 0.05. The lowest was -0.01. And the median was 0.04.

HKSE:02772's Equity-to-Asset is ranked worse than
94.55% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:02772: 0.04

Zhongliang Holdings Group Co Equity-to-Asset Historical Data

The historical data trend for Zhongliang 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.

Zhongliang Holdings Group Co Equity-to-Asset Chart

Zhongliang Holdings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.04 0.04 0.05 0.05 0.04

Zhongliang Holdings Group Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.05 0.05 0.05 0.05 0.04

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

For the Real Estate - Development subindustry, Zhongliang 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.


Zhongliang Holdings Group Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhongliang Holdings Group Co's Equity-to-Asset distribution charts can be found below:

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



Zhongliang 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.

Zhongliang 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
=7535.544/197720.227
=0.04

Zhongliang 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
=7535.544/197720.227
=0.04

* 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.


Zhongliang Holdings Group Co  (HKSE:02772) 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%.


Zhongliang Holdings Group Co Equity-to-Asset Related Terms

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Zhongliang Holdings Group Co (HKSE:02772) Business Description

Traded in Other Exchanges
N/A
Address
235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN
Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.
Executives
Yang Jian
Changxing International Co., Ltd
Changxing Pte. Ltd.
Liangzhong International Co., Ltd.
Ubs Group Ag 2201 Interest of corporation controlled by you
Xu Xiaoqun 2202 Interest of your spouse
Changxing Pte. Ltd. 2301 Trustee
Liangzhong international co., ltd. 2101 Beneficial owner

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