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Xtep International Holdings (HKSE:01368) Equity-to-Asset : 0.51 (As of Dec. 2023)


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What is Xtep International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Xtep International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$9,694 Mil. Xtep International Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$18,950 Mil. Therefore, Xtep International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

HKSE:01368' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.58   Max: 0.61
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Xtep International Holdings was 0.61. The lowest was 0.50. And the median was 0.58.

HKSE:01368's Equity-to-Asset is ranked better than
61.77% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs HKSE:01368: 0.51

Xtep International Holdings Equity-to-Asset Historical Data

The historical data trend for Xtep 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.

Xtep International Holdings Equity-to-Asset Chart

Xtep International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.58 0.54 0.50 0.51

Xtep International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 0.54 0.52 0.50 0.53 0.51

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

For the Apparel Retail subindustry, Xtep 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.


Xtep International Holdings's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Xtep International Holdings's Equity-to-Asset distribution charts can be found below:

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



Xtep 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.

Xtep 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
=9693.688/18950.233
=0.51

Xtep 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
=9693.688/18950.233
=0.51

* 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.


Xtep International Holdings  (HKSE:01368) 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%.


Xtep International Holdings Equity-to-Asset Related Terms

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


Xtep International Holdings (HKSE:01368) Business Description

Traded in Other Exchanges
Address
No. 89 Jiayi Road, Xiamen Xtep Tower, Guanyinshan Siming District, Fujian Province, Xiamen, CHN, 361008
Xtep International Holdings Ltd owns the Chinese sportswear brand XTEP. The company markets its brand as a stylish professional sports brand with a focus on running gear. Footwear accounts for more than half of the company's revenue. The remaining revenue comes from apparel sales. The company has thousands of XTEP retail stores in China that are primarily operated by the company's distributors or authorized retailers. It also sells online through its website and third-party e-commerce platforms. In addition to China, Xtep has distributors in the Middle East, Europe, and Southeast Asia.

Xtep International Holdings (HKSE:01368) Headlines

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