South China Vocational Education Group Co (HKSE:06913) Equity-to-Asset : 0.67 (As of Dec. 2023)

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What is South China Vocational Education Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. South China Vocational Education Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,805.7 Mil. South China Vocational Education Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$2,696.9 Mil. Therefore, South China Vocational Education Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.67.

The historical rank and industry rank for South China Vocational Education Group Co's Equity-to-Asset or its related term are showing as below:

HKSE:06913' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.55 Max: 0.67
Current: 0.67

During the past 6 years, the highest Equity to Asset Ratio of South China Vocational Education Group Co was 0.67. The lowest was 0.38. And the median was 0.55.

HKSE:06913's Equity-to-Asset is ranked better than
71.27% of 268 companies
in the Education industry
Industry Median: 0.52 vs HKSE:06913: 0.67

South China Vocational Education Group Co Equity-to-Asset Historical Data

The historical data trend for South China Vocational Education Group 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.

South China Vocational Education Group Co Equity-to-Asset Chart

South China Vocational Education Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.40

0.46

0.64

0.66

0.67

South China Vocational Education Group Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial					0.64	0.69	0.66	0.69	0.67

Competitive Comparison of South China Vocational Education Group Co's Equity-to-Asset

For the Education & Training Services subindustry, South China Vocational Education Group 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.

South China Vocational Education Group Co's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, South China Vocational Education Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where South China Vocational Education Group Co's Equity-to-Asset falls into.

South China Vocational Education Group 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.

South China Vocational Education Group 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
	=	1805.658	/	2696.911
	=	0.67

South China Vocational Education Group 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
	=	1805.658	/	2696.911
	=	0.67

South China Vocational Education Group Co (HKSE:06913) 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%.

South China Vocational Education Group Co Equity-to-Asset Related Terms

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

South China Vocational Education Group Co (HKSE:06913) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » South China Vocational Education Group Co Ltd (HKSE:06913) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 492 Da Guan Zhong Road, Tianhe District, Guangdong Province, Guangzhou, CHN

Website

https://www.scvedugroup.com

South China Vocational Education Group Co Ltd is a private formal vocational education service provider. The company offers a wide range of innovative courses and provides students with practical skills through extensive and in-depth school-enterprise cooperation projects.

Executives

Zhihui Guang Limited	2101 Beneficial owner
He Huishan	2201 Interest of corporation controlled by you
Zhou Lanqing	2201 Interest of corporation controlled by you
China Foreign Education Limited	2101 Beneficial owner
Du Wenyu	2202 Interest of your spouse
Fangyuan International Education Investment Limited	2101 Beneficial owner
Han Liqing	2202 Interest of your spouse
He Huifang	2201 Interest of corporation controlled by you
He Huifen	2201 Interest of corporation controlled by you

South China Vocational Education Group Co (HKSE:06913) Headlines

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