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China Fortune Investments (Holding) (STU:NLY5) Equity-to-Asset : 0.91 (As of Jun. 2021)


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What is China Fortune Investments (Holding) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Fortune Investments (Holding)'s Total Stockholders Equity for the quarter that ended in Jun. 2021 was €13.51 Mil. China Fortune Investments (Holding)'s Total Assets for the quarter that ended in Jun. 2021 was €14.84 Mil. Therefore, China Fortune Investments (Holding)'s Equity to Asset Ratio for the quarter that ended in Jun. 2021 was 0.91.

The historical rank and industry rank for China Fortune Investments (Holding)'s Equity-to-Asset or its related term are showing as below:

STU:NLY5' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.56   Med: 0.51   Max: 0.91
Current: 0.91

During the past 13 years, the highest Equity to Asset Ratio of China Fortune Investments (Holding) was 0.91. The lowest was -0.56. And the median was 0.51.

STU:NLY5's Equity-to-Asset is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.44 vs STU:NLY5: 0.91

China Fortune Investments (Holding) Equity-to-Asset Historical Data

The historical data trend for China Fortune Investments (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.

China Fortune Investments (Holding) Equity-to-Asset Chart

China Fortune Investments (Holding) Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.47 0.15 -0.43 0.80

China Fortune Investments (Holding) Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -0.56 - 0.80 - 0.91

Competitive Comparison of China Fortune Investments (Holding)'s Equity-to-Asset

For the Specialty Retail subindustry, China Fortune Investments (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.


China Fortune Investments (Holding)'s Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Fortune Investments (Holding)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Fortune Investments (Holding)'s Equity-to-Asset falls into.



China Fortune Investments (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.

China Fortune Investments (Holding)'s Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=13.808/17.194
=0.80

China Fortune Investments (Holding)'s Equity to Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

Equity to Asset (Q: Jun. 2021 )=Total Stockholders Equity/Total Assets
=13.505/14.838
=0.91

* 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.


China Fortune Investments (Holding)  (STU:NLY5) 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%.


China Fortune Investments (Holding) Equity-to-Asset Related Terms

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


China Fortune Investments (Holding) (STU:NLY5) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Shops 212-213, 2nd Floor, Shun tak Centre, Sheung Wan, Hong Kong, HKG
China Fortune Investments (Holding) Ltd is an investment holding company, engages in the wholesale and retail of wines and cigars and golf products in Hong Kong. The company offers red wines, white wines, champagnes, whiskeys and other liquors and spirits; and golf-related products, such as golf clubs, balls, shoes, gloves, clothing and other accessories of various brands. It operates through the following segments: Sale of Wine and Cigar; Sale of Golf Products; Sale of Watch and Jewellery; Provision of Money Lending Services, and Others. The firm's Wine and Cigar segment generate major revenue for the firm.

China Fortune Investments (Holding) (STU:NLY5) Headlines

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