China East Education Holdings (HKSE:00667) Equity-to-Asset : 0.60 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is China East Education Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China East Education Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,133 Mil. China East Education Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$10,162 Mil. Therefore, China East Education Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.

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

HKSE:00667' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.6 Max: 0.63
Current: 0.6

During the past 8 years, the highest Equity to Asset Ratio of China East Education Holdings was 0.63. The lowest was 0.31. And the median was 0.60.

HKSE:00667's Equity-to-Asset is ranked better than
60.82% of 268 companies
in the Education industry
Industry Median: 0.52 vs HKSE:00667: 0.60

China East Education Holdings Equity-to-Asset Historical Data

The historical data trend for China East Education 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.

China East Education Holdings Equity-to-Asset Chart

China East Education Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.63

0.62

0.59

0.60

China East Education Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial									0.59	0.59	0.60	0.60	0.60

Competitive Comparison of China East Education Holdings's Equity-to-Asset

For the Education & Training Services subindustry, China East Education 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.

China East Education Holdings's Equity-to-Asset Distribution in the Education Industry

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

* The bar in red indicates where China East Education Holdings's Equity-to-Asset falls into.

China East Education 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.

China East Education 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
	=	6133.434	/	10162.445
	=	0.60

China East Education 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
	=	6133.434	/	10162.445
	=	0.60

China East Education Holdings (HKSE:00667) 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 East Education Holdings Equity-to-Asset Related Terms

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

China East Education Holdings (HKSE:00667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China East Education Holdings Ltd (HKSE:00667) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ZX3:Germany

Address

No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Anhui Province, Hefei, CHN

Website

https://www.chinaeastedu.com

China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. It runs schools under six brands: New East, Omick, Xinhua Internet, Wisezone, Wontone, and On-mind. It also operates customized catering experience centers under Cuisine Academy. Its average students enrolled was 142,765 as of Dec. 31, 2022. In 2022, China East Education's revenue breakdown by major businesses was 59% in culinary arts, 20% in information & internet technology, 19% in auto services.

China East Education Holdings (HKSE:00667) Headlines

No Headlines