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Postalvings Bank Of China Co (HKSE:01658) Equity-to-Asset

: 0.06 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Postalvings Bank Of China Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,044,420 Mil. Postalvings Bank Of China Co's Total Assets for the quarter that ended in Dec. 2023 was HK$17,201,457 Mil.

The historical rank and industry rank for Postalvings Bank Of China Co's Equity-to-Asset or its related term are showing as below:

HKSE:01658' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.06
Current: 0.06

During the past 9 years, the highest Equity to Asset Ratio of Postalvings Bank Of China Co was 0.06. The lowest was 0.04. And the median was 0.05.

HKSE:01658's Equity-to-Asset is ranked worse than
82.46% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs HKSE:01658: 0.06

Postalvings Bank Of China Co Equity-to-Asset Historical Data

The historical data trend for Postalvings Bank Of China Co'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.

Postalvings Bank Of China Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.06 0.06 0.06 0.06

Postalvings Bank Of China Co Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only - 0.06 0.06 0.06 0.06

Competitive Comparison

For the Banks - Regional subindustry, Postalvings Bank Of China Co'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.


Postalvings Bank Of China Co Equity-to-Asset Distribution

For the Banks industry and Financial Services sector, Postalvings Bank Of China Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Postalvings Bank Of China Co's Equity-to-Asset falls into.



Postalvings Bank Of China Co 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.

Postalvings Bank Of China Co'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
=1044419.926/17201456.932
=0.06

Postalvings Bank Of China Co'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
=1044419.926/17201456.932
=

* 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.


Postalvings Bank Of China Co  (HKSE:01658) 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%.


Postalvings Bank Of China Co Equity-to-Asset Related Terms

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Postalvings Bank Of China Co (HKSE:01658) Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG
Postal Savings Bank of China is headquartered in Beijing. The bank is the fifth-largest commercial bank in China by deposits. The bank was established in 2007 as the postal savings and remittance business of its parent, China Post Group. The bank completed its joint-stock reform in 2012. The bank got listed on Hong Kong and Shanghai stock exchanges in 2016 and 2019 respectively. It boasts over 500 million individual customers and more than 40,000 outlets, which are among the largest customer bases and distribution networks in China.

Postalvings Bank Of China Co (HKSE:01658) Headlines

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