Tongdao Liepin Group (HKSE:06100) Equity-to-Asset : 0.64 (As of Dec. 2023)

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What is Tongdao Liepin Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tongdao Liepin Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,164 Mil. Tongdao Liepin Group's Total Assets for the quarter that ended in Dec. 2023 was HK$4,953 Mil. Therefore, Tongdao Liepin Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

HKSE:06100' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.56 Med: 0.62 Max: 0.78
Current: 0.64

During the past 9 years, the highest Equity to Asset Ratio of Tongdao Liepin Group was 0.78. The lowest was -0.56. And the median was 0.62.

HKSE:06100's Equity-to-Asset is ranked better than
68.31% of 1095 companies
in the Business Services industry
Industry Median: 0.5 vs HKSE:06100: 0.64

Tongdao Liepin Group Equity-to-Asset Historical Data

The historical data trend for Tongdao Liepin Group'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.

Tongdao Liepin Group Equity-to-Asset Chart

Tongdao Liepin Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.71

0.65

0.61

0.62

0.64

Tongdao Liepin Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.61	0.65	0.62	0.63	0.64

Competitive Comparison of Tongdao Liepin Group's Equity-to-Asset

For the Staffing & Employment Services subindustry, Tongdao Liepin Group'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.

Tongdao Liepin Group's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tongdao Liepin Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tongdao Liepin Group's Equity-to-Asset falls into.

Tongdao Liepin Group 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.

Tongdao Liepin Group'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
	=	3164.069	/	4953.423
	=	0.64

Tongdao Liepin Group'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
	=	3164.069	/	4953.423
	=	0.64

Tongdao Liepin Group (HKSE:06100) 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%.

Tongdao Liepin Group Equity-to-Asset Related Terms

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

Tongdao Liepin Group (HKSE:06100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tongdao Liepin Group (HKSE:06100) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

TGDLF:USA

Address

Gaoliangqiaoxie Road, Room 415–3, Building No. 5, Courtyard No. 59, Haidian District, Beijing, CHN

Website

https://www.liepin.com

Tongdao Liepin Group is a China-based company engaged in the provision of talent acquisition services to individuals, businesses, and headhunters. The company provides a platform for job seekers to seek career opportunities by connecting them to companies hiring. The firm delivers talent services to individual users mainly through its website, mobile application, and WeChat official account.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fidelity Funds	2101 Beneficial owner
Yiheng Capital, Llc
Dai Kebin	2307 Founder of a discretionary trust who can infl
Song Yueting	2202 Interest of your spouse
May Flower Information Technology Co., Limited	2501 Other
Morgan Stanley	2201 Interest of corporation controlled by you
Warburg Pincus Partners Ii, L.p.	2201 Interest of corporation controlled by you
Giant Lilly Investment Ltd	2101 Beneficial owner
Warburg Pincus & Co.	2201 Interest of corporation controlled by you
Wp Global Llc	2201 Interest of corporation controlled by you

Tongdao Liepin Group (HKSE:06100) Headlines

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