Pu`er Lancang Ancient Tea Co (HKSE:06911) Equity-to-Asset : 0.62 (As of Dec. 2023)

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What is Pu`er Lancang Ancient Tea Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pu`er Lancang Ancient Tea Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,103.0 Mil. Pu`er Lancang Ancient Tea Co's Total Assets for the quarter that ended in Dec. 2023 was HK$1,780.6 Mil. Therefore, Pu`er Lancang Ancient Tea Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.

The historical rank and industry rank for Pu`er Lancang Ancient Tea Co's Equity-to-Asset or its related term are showing as below:

HKSE:06911' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56 Med: 0.62 Max: 0.65
Current: 0.62

During the past 4 years, the highest Equity to Asset Ratio of Pu`er Lancang Ancient Tea Co was 0.65. The lowest was 0.56. And the median was 0.62.

HKSE:06911's Equity-to-Asset is ranked better than
62.46% of 1947 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs HKSE:06911: 0.62

Pu`er Lancang Ancient Tea Co Equity-to-Asset Historical Data

The historical data trend for Pu`er Lancang Ancient Tea 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.

Pu`er Lancang Ancient Tea Co Equity-to-Asset Chart

Pu`er Lancang Ancient Tea Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.65

0.63

0.56

0.62

Pu`er Lancang Ancient Tea Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial			-	0.56	0.57	0.62	-

Competitive Comparison of Pu`er Lancang Ancient Tea Co's Equity-to-Asset

For the Farm Products subindustry, Pu`er Lancang Ancient Tea 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.

Pu`er Lancang Ancient Tea Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pu`er Lancang Ancient Tea Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Pu`er Lancang Ancient Tea Co's Equity-to-Asset falls into.

Pu`er Lancang Ancient Tea 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.

Pu`er Lancang Ancient Tea 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
	=	1102.969	/	1780.646
	=	0.62

Pu`er Lancang Ancient Tea 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
	=	1102.969	/	1780.646
	=	0.62

Pu`er Lancang Ancient Tea Co (HKSE:06911) 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%.

Pu`er Lancang Ancient Tea Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Pu`er Lancang Ancient Tea Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Pu`er Lancang Ancient Tea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pu`er Lancang Ancient Tea Co Ltd (HKSE:06911) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pingzhang Road, West Suburb Hot Spring Community, Lancang Lahu Ethnic Autonomous County, Yunnan Province, Menglang Town, Puer, CHN

Website

http://www.lcgc.cn

Pu`er Lancang Ancient Tea Co Ltd is principally engaged in the development, manufacturing and sales of tea products, primarily Pu'er tea products in China.

Executives

China Credit Trust Co., Ltd	2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
Lan Cang Lv Se Zi Yuan Tou Zi You Xian Gong Si	2101 Beneficial owner
Lan Cang Xian Guo You Zi Chan Jing Ying You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Lan Cang Xian Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Sheng Song Lan Cang Sheng Shi Cha Xiang Yi Hao Si Mu Zheng Quan Tou Zi Ji Jin	2101 Beneficial owner
Dong Xing An Xin Hao Dan Yi Zi Chan Guan Li Ji Hua	2301 Trustee
Wang Chen	2201 Interest of corporation controlled by you
Zhang Liang	2201 Interest of corporation controlled by you
Zhong Guo Hai Jing Ji Tuan You Xian Gong Si	2101 Beneficial owner
Wang Chunyu	2101 Beneficial owner

Pu`er Lancang Ancient Tea Co Headlines

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