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Core Economy Investment Group (HKSE:00339) Liabilities-to-Assets : 0.48 (As of Dec. 2023)


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What is Core Economy Investment Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Core Economy Investment Group's Total Liabilities for the quarter that ended in Dec. 2023 was HK$6.69 Mil. Core Economy Investment Group's Total Assets for the quarter that ended in Dec. 2023 was HK$14.00 Mil. Therefore, Core Economy Investment Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.48.


Core Economy Investment Group Liabilities-to-Assets Historical Data

The historical data trend for Core Economy Investment Group's Liabilities-to-Assets 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.

Core Economy Investment Group Liabilities-to-Assets Chart

Core Economy Investment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.03 0.15 0.46 0.48

Core Economy Investment Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.15 0.26 0.46 0.55 0.48

Competitive Comparison of Core Economy Investment Group's Liabilities-to-Assets

For the Asset Management subindustry, Core Economy Investment Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Core Economy Investment Group's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Core Economy Investment Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Core Economy Investment Group's Liabilities-to-Assets falls into.



Core Economy Investment Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Core Economy Investment Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=6.691/14.001
=0.48

Core Economy Investment Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=6.691/14.001
=0.48

* 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.


Core Economy Investment Group  (HKSE:00339) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Core Economy Investment Group Liabilities-to-Assets Related Terms

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Core Economy Investment Group (HKSE:00339) Business Description

Traded in Other Exchanges
N/A
Address
25 Harbour Road, 18 Floor, Harbour Centre, Room 1805, Wanchai, Hong Kong, HKG
Core Economy Investment Group Ltd is an investment company. It is engaged in the investment and trading of listed and unlisted equity securities. The investment objective of the company is to achieve earnings in the form of capital appreciation as well as income from interest and dividends mainly through investment in a diversified portfolio of listed and unlisted companies, in Hong Kong or China, or any other countries where such investment is considered profitable. The group's turnover is majorly derived from its investments in listed equity securities. The business activities of the company are carried out in Hong Kong.
Executives
Yang Zhicheng 2101 Beneficial owner
Zhong Jin Ke Ji Shi Ye You Xian Gong Si 2101 Beneficial owner
Zhu Wen Juan 2101 Beneficial owner
Huan Yu Shi Ji Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Hk Jin Tai Feng Group Limited 2101 Beneficial owner
Liu Sihan 2101 Beneficial owner
Sun Bo 2101 Beneficial owner
Zhong Bai Ke Ji Shi Ye Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Liu Li 2201 Interest of corporation controlled by you
Wan Shi Xing Da Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Cheng Yun Hang 2101 Beneficial owner
Zhongmei Energy International Limited 2101 Beneficial owner
He Nan Sheng Ren Min Zheng Fu 2201 Interest of corporation controlled by you
He Yu 2101 Beneficial owner
Sun Oxford Co., Limited 2101 Beneficial owner

Core Economy Investment Group (HKSE:00339) Headlines

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