China Success Finance Group Holdings (HKSE:03623) Equity-to-Asset : 0.50 (As of Dec. 2023)

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What is China Success Finance Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Success Finance Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$355.00 Mil. China Success Finance Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$705.42 Mil. Therefore, China Success Finance Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

HKSE:03623' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.5 Max: 0.96
Current: 0.5

During the past 12 years, the highest Equity to Asset Ratio of China Success Finance Group Holdings was 0.96. The lowest was 0.25. And the median was 0.50.

HKSE:03623's Equity-to-Asset is ranked worse than
66.45% of 620 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs HKSE:03623: 0.50

China Success Finance Group Holdings Equity-to-Asset Historical Data

The historical data trend for China Success Finance 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.

China Success Finance Group Holdings Equity-to-Asset Chart

China Success Finance Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.25

0.40

0.46

0.48

0.50

China Success Finance Group 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															0.46	0.44	0.48	0.49	0.50

Competitive Comparison of China Success Finance Group Holdings's Equity-to-Asset

For the Financial Conglomerates subindustry, China Success Finance 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.

China Success Finance Group Holdings's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Success Finance Group Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Success Finance Group Holdings's Equity-to-Asset falls into.

China Success Finance 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.

China Success Finance Group 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
	=	354.995	/	705.417
	=	0.50

China Success Finance Group 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
	=	354.995	/	705.417
	=	0.50

China Success Finance Group Holdings (HKSE:03623) 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%.

China Success Finance Group Holdings Equity-to-Asset Related Terms

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China Success Finance Group Holdings (HKSE:03623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » China Success Finance Group Holdings Ltd (HKSE:03623) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

28 Queen’s Road East, 604 6th Floor, Tesbury Centre, Wanchai, Hong Kong, HKG

Website

https://www.chinasuccessfinance.com

China Success Finance Group Holdings Ltd is an investment holding company. It is a guaranteed service provider offering financial and non-financial guarantee services, financial leasing, and financial consultancy services in China. The company's diversified business lines include asset management, fund management, investment and mergers and acquisitions, financial leasing, financing guarantee, overseas investment Capital, real estate finance, and microfinance The group operates two business segments: Financial services and Yangmianshan. The main business of Yangmianshan is sales of market hogs in the PRC business. The business operations of the company are carried out principally in the PRC.

China Success Finance Group Holdings (HKSE:03623) Headlines

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