JF Wealth Holdings (HKSE:09636) Equity-to-Asset : 0.62 (As of Dec. 2023)

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What is JF Wealth Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JF Wealth Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,657 Mil. JF Wealth Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$2,689 Mil. Therefore, JF Wealth Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.

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

HKSE:09636' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.26 Med: 0.06 Max: 0.62
Current: 0.62

During the past 5 years, the highest Equity to Asset Ratio of JF Wealth Holdings was 0.62. The lowest was -0.26. And the median was 0.06.

HKSE:09636's Equity-to-Asset is ranked better than
65.06% of 269 companies
in the Education industry
Industry Median: 0.52 vs HKSE:09636: 0.62

JF Wealth Holdings Equity-to-Asset Historical Data

The historical data trend for JF Wealth 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.

JF Wealth Holdings Equity-to-Asset Chart

JF Wealth Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.26

0.06

0.39

0.62

JF Wealth Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.06	-	0.39	0.46	0.62

Competitive Comparison of JF Wealth Holdings's Equity-to-Asset

For the Education & Training Services subindustry, JF Wealth 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.

JF Wealth Holdings's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JF Wealth Holdings's Equity-to-Asset distribution charts can be found below:

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

JF Wealth 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.

JF Wealth 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
	=	1656.853	/	2689.171
	=	0.62

JF Wealth 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
	=	1656.853	/	2689.171
	=	0.62

JF Wealth Holdings (HKSE:09636) 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%.

JF Wealth Holdings Equity-to-Asset Related Terms

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

JF Wealth Holdings (HKSE:09636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JF Wealth Holdings Ltd (HKSE:09636) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Xumin East Road, 3rd-5th Floor, Yintech Finance Center, Qingpu District, Shanghai, CHN

Website

https://jfwealth.investorroom.com

JF Wealth Holdings Ltd is an online investment decision-making solution provider in China with a focus on the online investor content service market. The company offers online investor content services, including online high-end investor education services and online financial literacy education services, and financial information software services to help individual investors to understand the financial market and make investment plans or decisions.

Executives

Lee Cheuk Ho	2201 Interest of corporation controlled by you
Chang Qing Investment Management Company Limited	2101 Beneficial owner
Silver Runner Limited
Tct (bvi) Limited
The Core Trust Company Limited
Coreworth Investments Limited	2101 Beneficial owner
Harmony Creek Investments Limited	2101 Beneficial owner
Chen Ningfeng	2201 Interest of corporation controlled by you
Rich Horizon Investments Limited	2101 Beneficial owner
Embrace Investments Limited	2101 Beneficial owner
Lee Cheuk Ho	2101 Beneficial owner
Chen Wenbin	2201 Interest of corporation controlled by you
Yan Ming	2201 Interest of corporation controlled by you

JF Wealth Holdings (HKSE:09636) Headlines

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