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China Star Entertainment (HKSE:00326) Equity-to-Asset : 0.51 (As of Dec. 2023)


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What is China Star Entertainment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Star Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,661.1 Mil. China Star Entertainment's Total Assets for the quarter that ended in Dec. 2023 was HK$5,184.6 Mil. Therefore, China Star Entertainment's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

HKSE:00326' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.66   Max: 0.85
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of China Star Entertainment was 0.85. The lowest was 0.51. And the median was 0.66.

HKSE:00326's Equity-to-Asset is ranked worse than
50.38% of 1052 companies
in the Media - Diversified industry
Industry Median: 0.52 vs HKSE:00326: 0.51

China Star Entertainment Equity-to-Asset Historical Data

The historical data trend for China Star Entertainment'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 Star Entertainment Equity-to-Asset Chart

China Star Entertainment 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 0.68 0.64 0.58 0.56 0.51

China Star Entertainment 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 0.58 0.57 0.56 0.55 0.51

Competitive Comparison of China Star Entertainment's Equity-to-Asset

For the Entertainment subindustry, China Star Entertainment'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 Star Entertainment's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Star Entertainment's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Star Entertainment's Equity-to-Asset falls into.



China Star Entertainment 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 Star Entertainment'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
=2661.142/5184.596
=0.51

China Star Entertainment'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
=2661.142/5184.596
=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.


China Star Entertainment  (HKSE:00326) 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 Star Entertainment Equity-to-Asset Related Terms

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


China Star Entertainment (HKSE:00326) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 3409 Shun Tak Centre, West Tower, Hong Kong, HKG
China Star Entertainment Ltd is an investment holding company. It operates in two segments namely Film related business operations engaged in investment, production, distribution and licensing of films and television drama series and provision of other film related services including artist management services; Property development and investment operations engaged in investment and development of properties. Majority of the revenue is derived from Film related business operations segment.
Executives
Chen Ming Yin, Tiffany
Heung Wah Keung
Heung Wah Keung Family Endowment Limited
Heung Wah Keung Family Endowment Limited

China Star Entertainment (HKSE:00326) Headlines

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