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Beijing Gas Blue Sky Holdings (HKSE:06828) Equity-to-Asset : 0.28 (As of Dec. 2023)


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What is Beijing Gas Blue Sky Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beijing Gas Blue Sky Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,411 Mil. Beijing Gas Blue Sky Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$5,087 Mil. Therefore, Beijing Gas Blue Sky Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

HKSE:06828' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.53   Max: 0.75
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Beijing Gas Blue Sky Holdings was 0.75. The lowest was 0.12. And the median was 0.53.

HKSE:06828's Equity-to-Asset is ranked worse than
73.36% of 518 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs HKSE:06828: 0.28

Beijing Gas Blue Sky Holdings Equity-to-Asset Historical Data

The historical data trend for Beijing Gas Blue Sky 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.

Beijing Gas Blue Sky Holdings Equity-to-Asset Chart

Beijing Gas Blue Sky 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 0.51 0.14 0.12 0.26 0.28

Beijing Gas Blue Sky 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 0.12 0.12 0.26 0.26 0.28

Competitive Comparison of Beijing Gas Blue Sky Holdings's Equity-to-Asset

For the Utilities - Regulated Gas subindustry, Beijing Gas Blue Sky 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.


Beijing Gas Blue Sky Holdings's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Gas Blue Sky Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing Gas Blue Sky Holdings's Equity-to-Asset falls into.



Beijing Gas Blue Sky 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.

Beijing Gas Blue Sky 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
=1410.692/5086.767
=0.28

Beijing Gas Blue Sky 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
=1410.692/5086.767
=0.28

* 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.


Beijing Gas Blue Sky Holdings  (HKSE:06828) 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%.


Beijing Gas Blue Sky Holdings Equity-to-Asset Related Terms

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


Beijing Gas Blue Sky Holdings (HKSE:06828) Business Description

Traded in Other Exchanges
Address
200 Connaught Road, Room 3402-4, 34th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
Beijing Gas Blue Sky Holdings Ltd is an investment holding company engaged in the sales of natural gas and other related products. It operates in the segments of Natural gas refueling stations, Trading, and distribution of natural gas, Direct supply to industrial users, and City GasCity gas operation segment. The group's operations are located in Mainland China.
Executives
Beijing Enterprises Group (bvi) Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Group Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited 2201 Interest of corporation controlled by you
Cheng Ming Kit 2101 Beneficial owner
Lee Tsz Hang 2101 Beneficial owner
Quantum Asia Asset Management Limited 2102 Investment manager
Quantum China Asset Management Limited

Beijing Gas Blue Sky Holdings (HKSE:06828) Headlines

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