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Huashi Group Holdings (HKSE:01111) Equity-to-Asset : 0.58 (As of Dec. 2022)


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What is Huashi Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huashi Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2022 was HK$105.1 Mil. Huashi Group Holdings's Total Assets for the quarter that ended in Dec. 2022 was HK$181.7 Mil. Therefore, Huashi Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.58.

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

HKSE:01111' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.58   Max: 0.65
Current: 0.53

During the past 4 years, the highest Equity to Asset Ratio of Huashi Group Holdings was 0.65. The lowest was 0.53. And the median was 0.58.

HKSE:01111's Equity-to-Asset is ranked better than
52.92% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.51 vs HKSE:01111: 0.53

Huashi Group Holdings Equity-to-Asset Historical Data

The historical data trend for Huashi Group 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.

Huashi Group Holdings Equity-to-Asset Chart

Huashi Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.65 0.54 0.58 0.53

Huashi Group Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Equity-to-Asset 0.65 0.54 0.58 0.53

Competitive Comparison of Huashi Group Holdings's Equity-to-Asset

For the Advertising Agencies subindustry, Huashi Group 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.


Huashi Group Holdings's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huashi Group Holdings's Equity-to-Asset distribution charts can be found below:

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



Huashi Group 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.

Huashi Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=105.114/181.654
=0.58

Huashi Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=105.114/181.654
=0.58

* 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.


Huashi Group Holdings  (HKSE:01111) 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%.


Huashi Group Holdings Equity-to-Asset Related Terms

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


Huashi Group Holdings (HKSE:01111) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN
Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.

Huashi Group Holdings (HKSE:01111) Headlines

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