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Legend Holdings (HKSE:03396) Equity-to-Asset : 0.09 (As of Dec. 2023)


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What is Legend Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Legend Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$63,796 Mil. Legend Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$728,164 Mil. Therefore, Legend Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

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

HKSE:03396' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.18
Current: 0.09

During the past 10 years, the highest Equity to Asset Ratio of Legend Holdings was 0.18. The lowest was 0.09. And the median was 0.11.

HKSE:03396's Equity-to-Asset is ranked worse than
94.77% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs HKSE:03396: 0.09

Legend Holdings Equity-to-Asset Historical Data

The historical data trend for Legend 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.

Legend Holdings Equity-to-Asset Chart

Legend Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.09 0.09 0.09

Legend Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.09 0.09 0.10 0.09

Competitive Comparison of Legend Holdings's Equity-to-Asset

For the Computer Hardware subindustry, Legend 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.


Legend Holdings's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Legend Holdings's Equity-to-Asset distribution charts can be found below:

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



Legend 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.

Legend Holdings'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
=63796.273/728164.225
=0.09

Legend Holdings'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
=63796.273/728164.225
=0.09

* 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.


Legend Holdings  (HKSE:03396) 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%.


Legend Holdings Equity-to-Asset Related Terms

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


Legend Holdings (HKSE:03396) Business Description

Traded in Other Exchanges
Address
Room 1701, 17th Floor, Block 1, Court No. 2, Ke Xue Yuan Nanlu, Haidian District, Beinjing, CHN, 100190
Legend Holdings Ltd is a diversified industrial and investment group in China. The Company operates its business through two sectors: industrial operations and industrial incubations and investments. The Industrial operations segment includes Lenovo, which is mainly engaged in providing innovative intelligent devices and infrastructure, and creates intelligent solutions, services and software. Levima Group, which mainly engaged in the research and development, production and sales of advanced material products. The industrial incubations and investments includes Which is engaged in investment in the PE Funds and VC Funds as a limited partner and holds interest in the general partners of certain funds.

Legend Holdings (HKSE:03396) Headlines

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