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Huabao International Holdings (Huabao International Holdings) Equity-to-Asset : 0.78 (As of Dec. 2023)


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What is Huabao International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huabao International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,747.9 Mil. Huabao International Holdings's Total Assets for the quarter that ended in Dec. 2023 was $2,241.1 Mil. Therefore, Huabao International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

HUIHY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66   Med: 0.78   Max: 0.88
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Huabao International Holdings was 0.88. The lowest was 0.66. And the median was 0.78.

HUIHY's Equity-to-Asset is ranked better than
78.61% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs HUIHY: 0.78

Huabao International Holdings Equity-to-Asset Historical Data

The historical data trend for Huabao 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.

Huabao International Holdings Equity-to-Asset Chart

Huabao International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.67 0.77 0.76 0.78

Huabao International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.77 0.79 0.76 0.79 0.78

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

For the Specialty Chemicals subindustry, Huabao 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.


Huabao International Holdings's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huabao International Holdings's Equity-to-Asset distribution charts can be found below:

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



Huabao 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.

Huabao 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
=1747.911/2241.129
=0.78

Huabao International 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
=1747.911/2241.129
=0.78

* 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.


Huabao International Holdings  (OTCPK:HUIHY) 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%.


Huabao International Holdings Equity-to-Asset Related Terms

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


Huabao International Holdings (Huabao International Holdings) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 3008, 30th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Huabao International Holdings Ltd is an investment holding company. Its segments are Flavours and fragrances, Tobacco raw materials, aroma raw materials, and Condiments. The company generates maximum revenue from Flavours and fragrances segment. Its Flavours and fragrances segment includes research and development, production and sale of flavors and fragrances products.

Huabao International Holdings (Huabao International Holdings) Headlines

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