Orange Tour Cultural Holding (HKSE:08627) Equity-to-Asset : 0.79 (As of Jun. 2024)

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What is Orange Tour Cultural Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Orange Tour Cultural Holding's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$94.80 Mil. Orange Tour Cultural Holding's Total Assets for the quarter that ended in Jun. 2024 was HK$119.69 Mil.

The historical rank and industry rank for Orange Tour Cultural Holding's Equity-to-Asset or its related term are showing as below:

HKSE:08627' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58 Med: 0.83 Max: 0.91
Current: 0.79

During the past 8 years, the highest Equity to Asset Ratio of Orange Tour Cultural Holding was 0.91. The lowest was 0.58. And the median was 0.83.

HKSE:08627's Equity-to-Asset is ranked better than
85.02% of 1048 companies
in the Media - Diversified industry
Industry Median: 0.5 vs HKSE:08627: 0.79

Orange Tour Cultural Holding Equity-to-Asset Historical Data

The historical data trend for Orange Tour Cultural Holding'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.

Orange Tour Cultural Holding Equity-to-Asset Chart

Orange Tour Cultural Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.83

0.87

0.86

0.84

0.83

Orange Tour Cultural Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial															-	0.80	-	0.83	0.79

Competitive Comparison of Orange Tour Cultural Holding's Equity-to-Asset

For the Advertising Agencies subindustry, Orange Tour Cultural Holding'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.

Orange Tour Cultural Holding's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Orange Tour Cultural Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Orange Tour Cultural Holding's Equity-to-Asset falls into.

Orange Tour Cultural Holding 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.

Orange Tour Cultural Holding'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
	=	95.649	/	115.536
	=	0.83

Orange Tour Cultural Holding's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	94.803	/	119.687
	=

Orange Tour Cultural Holding (HKSE:08627) 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%.

Orange Tour Cultural Holding Equity-to-Asset Related Terms

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Orange Tour Cultural Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Orange Tour Cultural Holding Ltd (HKSE:08627) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Composite Building, Xiazhang Village, Yicheng Subdistrict, Jiangsu Province, Yixing, CHN

Website

http://www.otch.com.cn

Orange Tour Cultural Holding Ltd is a marketing services company. The company provides event management services; and design and production services. Its customer base includes government authorities, resident committees, state-owned enterprises, real estate corporations, automobile dealers, crafts companies, artists, and other corporate customers. The company acts as an event manager and provides planning for a variety of cultural, artistic, recreational, and corporate promotional events.

Executives

Carbon Neutral Technology (asia) Investment Holding Group Limited	2101 Beneficial owner
Zhang Shifang	2201 Interest of corporation controlled by you
Qy Investment Holding Limited	2101 Beneficial owner
Song Ruiqing	2201 Interest of corporation controlled by you
Zhou Yang	2201 Interest of corporation controlled by you
Fan Yajun	2201 Interest of corporation controlled by you
Sru Investment Limited	2101 Beneficial owner
Zhou Jianyuan	2202 Interest of your spouse

Orange Tour Cultural Holding Headlines

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