Highest Performances Holdings (Highest Performances Holdings) Equity-to-Asset : 0.80 (As of Jun. 2023)

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

What is Highest Performances Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Highest Performances Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $30.31 Mil. Highest Performances Holdings's Total Assets for the quarter that ended in Jun. 2023 was $37.92 Mil. Therefore, Highest Performances Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.80.

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

HPH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56 Med: 0.8 Max: 0.85
Current: 0.8

During the past 7 years, the highest Equity to Asset Ratio of Highest Performances Holdings was 0.85. The lowest was 0.56. And the median was 0.80.

HPH's Equity-to-Asset is ranked worse than
52.31% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs HPH: 0.80

Highest Performances Holdings Equity-to-Asset Historical Data

The historical data trend for Highest Performances 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.

Highest Performances Holdings Equity-to-Asset Chart

Highest Performances Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

Get a 7-Day Free Trial

0.84

0.85

0.69

0.56

0.80

Highest Performances Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial								0.69	0.60	0.56	0.71	0.80

Competitive Comparison of Highest Performances Holdings's Equity-to-Asset

For the Asset Management subindustry, Highest Performances 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.

Highest Performances Holdings's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Highest Performances Holdings's Equity-to-Asset distribution charts can be found below:

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

Highest Performances 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.

Highest Performances Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	30.306	/	37.916
	=	0.80

Highest Performances Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	30.306	/	37.916
	=	0.80

Highest Performances Holdings (NAS:HPH) 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%.

Highest Performances Holdings Equity-to-Asset Related Terms

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

Highest Performances Holdings (Highest Performances Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Highest Performances Holdings Inc (NAS:HPH) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 Zhujiang West Road, 42nd Floor, Pearl River Tower, Zhujiang New Town, Tianhe, Guangdong Province, Guangzhou, CHN

Website

https://www.puyiwm.com

Puyi Inc is the third-party wealth management services provider in China. The company provides wealth management services, corporate finance services and asset management services. It generates a majority of the revenue from wealth management services under which it distributes wealth management products both online and offline through its branch network. Products distributed online include publicly raised fund products, exchange administered products and asset management plans. Products distributed offline include privately raised fund products. In addition, the company also has a corporate finance services business, under which it provides corporate borrowers with financing solutions, including product design, identification of sources of funding, compliance and risk management.