Yunhong Guixin Group Holdings (HKSE:08349) Equity-to-Asset : 0.66 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Yunhong Guixin Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yunhong Guixin Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$67.76 Mil. Yunhong Guixin Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$102.60 Mil. Therefore, Yunhong Guixin Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

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

HKSE:08349' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.57 Max: 0.66
Current: 0.66

During the past 10 years, the highest Equity to Asset Ratio of Yunhong Guixin Group Holdings was 0.66. The lowest was 0.30. And the median was 0.57.

HKSE:08349's Equity-to-Asset is ranked better than
80.43% of 1691 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:08349: 0.66

Yunhong Guixin Group Holdings Equity-to-Asset Historical Data

The historical data trend for Yunhong Guixin Group 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.

Yunhong Guixin Group Holdings Equity-to-Asset Chart

Yunhong Guixin Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.65

0.61

0.62

0.63

0.66

Yunhong Guixin Group 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															0.63	-	0.65	-	0.66

Competitive Comparison of Yunhong Guixin Group Holdings's Equity-to-Asset

For the Building Products & Equipment subindustry, Yunhong Guixin Group 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.

Yunhong Guixin Group Holdings's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yunhong Guixin Group Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Yunhong Guixin Group Holdings's Equity-to-Asset falls into.

Yunhong Guixin Group 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.

Yunhong Guixin Group 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
	=	67.761	/	102.604
	=	0.66

Yunhong Guixin Group 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
	=	67.761	/	102.604
	=	0.66

Yunhong Guixin Group Holdings (HKSE:08349) 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%.

Yunhong Guixin Group Holdings Equity-to-Asset Related Terms

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

Yunhong Guixin Group Holdings (HKSE:08349) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yunhong Guixin Group Holdings Ltd (HKSE:08349) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 South Oujiang Road, Haimen ETDZ Nantong, Jiangsu, Haimen, CHN, 226100

Website

http://www.nantongrate.com

Yunhong Guixin Group Holdings Ltd is a manufacturer in the PRC engaged in the research and development, production, and sale of a variety of fiberglass reinforced plastic grating products. Its products consist of FRP grating products; phenolic grating products; and epoxy wedge strip products. The company operates into two segments: fiberglass business that involves research and development, production and sales of fiberglass reinforced plastic products in the PRC; and silica sand business consists sales of industrial silica sand materials in the PRC. Its products are widely applied in industries including petrochemical, electrical, marine engineering, plating, vessel, metallurgy, steel, papermaking, brewing, and municipal industry and are mainly used in the operating platform, and others.

Executives

Huang Xuechao	2101 Beneficial owner
Yan Qixu	2101 Beneficial owner
Li Yubao	2201 Interest of corporation controlled by you
Lf International Pte. Ltd.	2101 Beneficial owner
Wu Dong	2101 Beneficial owner
Yun Hong Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner

Yunhong Guixin Group Holdings (HKSE:08349) Headlines

No Headlines