China Education Group Holdings (HKSE:00839) Equity-to-Asset : 0.44 (As of Aug. 2023)

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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Education Group Holdings's Total Stockholders Equity for the quarter that ended in Aug. 2023 was HK$16,815 Mil. China Education Group Holdings's Total Assets for the quarter that ended in Aug. 2023 was HK$38,604 Mil. Therefore, China Education Group Holdings's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.44.

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

HKSE:00839' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.48 Max: 0.85
Current: 0.44

During the past 9 years, the highest Equity to Asset Ratio of China Education Group Holdings was 0.85. The lowest was 0.41. And the median was 0.48.

HKSE:00839's Equity-to-Asset is ranked worse than
61.8% of 267 companies
in the Education industry
Industry Median: 0.52 vs HKSE:00839: 0.44

China Education Group Holdings Equity-to-Asset Historical Data

The historical data trend for China Education Group 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 Education Group Holdings Equity-to-Asset Chart

China Education Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Aug19

Aug20

Aug21

Aug22

Aug23

Equity-to-Asset

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0.43

0.48

0.41

0.42

0.44

China Education Group Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Equity-to-Asset	Get a 7-Day Free Trial												0.41	0.41	0.42	0.45	0.44

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

For the Education & Training Services subindustry, China Education Group 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 Education Group Holdings's Equity-to-Asset Distribution in the Education Industry

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

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

China Education Group 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 Education Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	16815.219	/	38603.528
	=	0.44

China Education Group Holdings's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	16815.219	/	38603.528
	=	0.44

China Education Group Holdings (HKSE:00839) 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 Education Group Holdings Equity-to-Asset Related Terms

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

China Education Group Holdings (HKSE:00839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Education Group Holdings Ltd (HKSE:00839) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CEGHF:USA C3W:Germany

Address

18 Harbour Road, Suite 6703–04, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.chinaeducation.hk

China Education Group Holdings Ltd is a leading ultra-large-scale private education group in China with 30 years of experience in higher education operations. CEG's schools offer both higher vocational education and secondary vocational education. The school network spans domestic China and overseas. CEG also offers continuing education to full-time working adults. The group's total enrolled full-time students in China expanded more than 3 times over the last six years to about 248,000 as of August 2023. The rapid growth is primarily attributable to school acquisitions. CEG currently operates 14 schools, up from only 3 in 2017.

China Education Group Holdings (HKSE:00839) Headlines

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