Million Stars Holdings (HKSE:08093) Equity-to-Asset : 0.21 (As of Dec. 2023)

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What is Million Stars Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Million Stars Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$28.6 Mil. Million Stars Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$134.5 Mil. Therefore, Million Stars Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

The historical rank and industry rank for Million Stars Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:08093' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.64 Max: 0.89
Current: 0.21

During the past 10 years, the highest Equity to Asset Ratio of Million Stars Holdings was 0.89. The lowest was 0.09. And the median was 0.64.

HKSE:08093's Equity-to-Asset is ranked worse than
80.69% of 1051 companies
in the Media - Diversified industry
Industry Median: 0.52 vs HKSE:08093: 0.21

Million Stars Holdings Equity-to-Asset Historical Data

The historical data trend for Million Stars 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.

Million Stars Holdings Equity-to-Asset Chart

Million Stars Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.73

0.61

0.66

0.55

0.09

Million Stars Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.38	-	0.09	-	0.21

Competitive Comparison of Million Stars Holdings's Equity-to-Asset

For the Advertising Agencies subindustry, Million Stars 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.

Million Stars Holdings's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Million Stars Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Million Stars Holdings's Equity-to-Asset falls into.

Million Stars 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.

Million Stars Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	13.497	/	154.603
	=	0.09

Million Stars 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
	=	28.614	/	134.545
	=	0.21

Million Stars Holdings (HKSE:08093) 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%.

Million Stars Holdings Equity-to-Asset Related Terms

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

Million Stars Holdings (HKSE:08093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Million Stars Holdings Ltd (HKSE:08093) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Granville Road, Room 702 A&B, 7th Floor, Harbour Crystal Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.millionstars.hk

Million Stars Holdings Ltd is an investment holding company. The company's operating segment includes Internet advertising agency services, Digitalization empowerment platform business. It generates maximum revenue from the Internet advertising agency services segment.

Executives

Wu Zhongyi	2201 Interest of corporation controlled by you
Jia Heng Tai Feng You Xian Gong Si	2101 Beneficial owner
Zhou Ming	2201 Interest of corporation controlled by you
Wang Fei	2101 Beneficial owner
Zhu Yongjun	2101 Beneficial owner
Web3 Group Limited	2101 Beneficial owner
Shen Guotao	2201 Interest of corporation controlled by you
Ji Lin Sheng Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Hu Tong Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Xie Ming	2101 Beneficial owner
Yao Ligang	2201 Interest of corporation controlled by you
Shang Hai Ang Ju Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Zhu Yongjun	2101 Beneficial owner
Jiang Peijie	2101 Beneficial owner
Lyu Xinyuan	2101 Beneficial owner

Million Stars Holdings (HKSE:08093) Headlines

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