Ximei Resources Holding (HKSE:09936) Equity-to-Asset : 0.53 (As of Dec. 2023)

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What is Ximei Resources Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ximei Resources Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,127 Mil. Ximei Resources Holding's Total Assets for the quarter that ended in Dec. 2023 was HK$2,109 Mil. Therefore, Ximei Resources Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

HKSE:09936' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.56 Max: 0.61
Current: 0.53

During the past 8 years, the highest Equity to Asset Ratio of Ximei Resources Holding was 0.61. The lowest was 0.53. And the median was 0.56.

HKSE:09936's Equity-to-Asset is ranked worse than
57.67% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs HKSE:09936: 0.53

Ximei Resources Holding Equity-to-Asset Historical Data

The historical data trend for Ximei Resources 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.

Ximei Resources Holding Equity-to-Asset Chart

Ximei Resources Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.61

0.58

0.55

0.53

Ximei Resources Holding Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial								0.58	0.49	0.55	0.56	0.53

Competitive Comparison of Ximei Resources Holding's Equity-to-Asset

For the Specialty Chemicals subindustry, Ximei Resources 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.

Ximei Resources Holding's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ximei Resources Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ximei Resources Holding's Equity-to-Asset falls into.

Ximei Resources 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.

Ximei Resources 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
	=	1126.601	/	2109.056
	=	0.53

Ximei Resources Holding'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
	=	1126.601	/	2109.056
	=	0.53

Ximei Resources Holding (HKSE:09936) 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%.

Ximei Resources Holding Equity-to-Asset Related Terms

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

Ximei Resources Holding (HKSE:09936) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ximei Resources Holding Ltd (HKSE:09936) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hongqiao Village, Qiaotou Town, Guangdong Province, Yingde, CHN

Website

http://www.zhiyuanm.com

Ximei Resources Holding Ltd produces tantalum- and niobium-based metallurgical products in China. Tantalum- and niobium-based metallurgical products are essential in the downstream manufacture of many products used in high-tech industries, such as special alloy, chemical, electronic ceramics, aeronautics, aerospace, high-end electronics, defence and hard alloy. Its principal products are tantalum pentoxide and niobium pentoxide. It also produces and sells potassium heptafluorotantalate. The company sells processed products such as tantalum bars, tantalum carbide, niobium bars and niobium powder, which are produced by engaging third-party metallurgy companies to process the pentoxide products and potassium heptafluorotantalate it produces or purchased from third-party metallurgy companies.

Ximei Resources Holding (HKSE:09936) Headlines

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