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JTF International Holdings (HKSE:09689) Equity-to-Asset : 0.83 (As of Jun. 2024)


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What is JTF International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JTF International Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$463.7 Mil. JTF International Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$562.4 Mil.

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

HKSE:09689' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.83   Max: 0.89
Current: 0.83

During the past 9 years, the highest Equity to Asset Ratio of JTF International Holdings was 0.89. The lowest was 0.08. And the median was 0.83.

HKSE:09689's Equity-to-Asset is ranked better than
85.9% of 1064 companies
in the Oil & Gas industry
Industry Median: 0.51 vs HKSE:09689: 0.83

JTF International Holdings Equity-to-Asset Historical Data

The historical data trend for JTF International 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.

JTF International Holdings Equity-to-Asset Chart

JTF International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.84 0.86 0.65 0.85 0.87

JTF International Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 - 0.86 0.87 0.83

Competitive Comparison of JTF International Holdings's Equity-to-Asset

For the Oil & Gas Refining & Marketing subindustry, JTF International 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.


JTF International Holdings's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, JTF International Holdings's Equity-to-Asset distribution charts can be found below:

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



JTF International 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.

JTF International 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
=471.964/543.331
=0.87

JTF International Holdings'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
=463.723/562.364
=

* 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.


JTF International Holdings  (HKSE:09689) 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%.


JTF International Holdings Equity-to-Asset Related Terms

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


JTF International Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Yanjiang Road, Shazhuang Tujiang Village, Shitan Town, Zengcheng District, Guangdong Province, Guangzhou, CHN
JTF International Holdings Ltd is an investment holding company. It is engaged in the blending and sale of fuel oil, refined oil, and other petrochemicals in China. Its products are used as fuels in marine vessels, vehicles, & machinery equipment, for retail sale at gas stations, and as raw materials for oil refineries. It generates the majority of its revenue from the sale of refined oil and rest of the revenue is derived from other petrochemical products and fuel oil.
Executives
Xu Yayi 2201 Interest of corporation controlled by you
Kang Shi Tou Zi You Xian Gong Si 2101 Beneficial owner
Huang Sizhen 2202 Interest of your spouse
Xu Ziming 2201 Interest of corporation controlled by you
Choi Sio Peng 2201 Interest of corporation controlled by you
Xing Ming You Xian Gong Si 2101 Beneficial owner

JTF International Holdings Headlines

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