China Oral Industry Group Holdings (HKSE:08406) Equity-to-Asset : 0.57 (As of Dec. 2023)

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What is China Oral Industry Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Oral Industry Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$114.5 Mil. China Oral Industry Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$201.0 Mil. Therefore, China Oral Industry Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.57.

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

HKSE:08406' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.62 Max: 0.73
Current: 0.57

During the past 8 years, the highest Equity to Asset Ratio of China Oral Industry Group Holdings was 0.73. The lowest was 0.45. And the median was 0.62.

HKSE:08406's Equity-to-Asset is ranked better than
60.33% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs HKSE:08406: 0.57

China Oral Industry Group Holdings Equity-to-Asset Historical Data

The historical data trend for China Oral Industry 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.

China Oral Industry Group Holdings Equity-to-Asset Chart

China Oral Industry Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.66

0.67

0.59

0.65

0.57

China Oral Industry 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															0.65	-	0.65	-	0.57

Competitive Comparison of China Oral Industry Group Holdings's Equity-to-Asset

For the Leisure subindustry, China Oral Industry 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.

China Oral Industry Group Holdings's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Oral Industry Group Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Oral Industry Group Holdings's Equity-to-Asset falls into.

China Oral Industry 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.

China Oral Industry 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
	=	114.48	/	201.009
	=	0.57

China Oral Industry 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
	=	114.48	/	201.009
	=	0.57

China Oral Industry Group Holdings (HKSE:08406) 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%.

China Oral Industry Group Holdings Equity-to-Asset Related Terms

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China Oral Industry Group Holdings (HKSE:08406) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China Oral Industry Group Holdings Ltd (HKSE:08406) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

348 Kwun Tong Road, 5th floor, Manulife Place, Kowloon, Hong Kong, HKG

Website

https://www.chinaoral.co

China Oral Industry Group Holdings Ltd is principally engaged in the manufacturing and sales of inflatable products and related accessories. Some of its products are air blowers, mini inflatable playgrounds, inflatable tents, inflatable ball pools, polyvinyl chloride (PVC) laminated oxford, plastic nails, and other accessories. The company generates revenue from customers located in China, Europe, Australia and Oceania, North America, Asia, and Central and South America.

Executives

Risen Thrive Limited	2101 Beneficial owner
Yan Ping	2201 Interest of corporation controlled by you

China Oral Industry Group Holdings (HKSE:08406) Headlines

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