CNQC International Holdings (HKSE:01240) Equity-to-Asset : 0.21 (As of Dec. 2023)

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What is CNQC International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CNQC International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,379 Mil. CNQC International Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$11,121 Mil. Therefore, CNQC International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

HKSE:01240' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1 Med: 0.26 Max: 0.35
Current: 0.21

During the past 12 years, the highest Equity to Asset Ratio of CNQC International Holdings was 0.35. The lowest was 0.10. And the median was 0.26.

HKSE:01240's Equity-to-Asset is ranked worse than
83.28% of 1824 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:01240: 0.21

CNQC International Holdings Equity-to-Asset Historical Data

The historical data trend for CNQC International 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.

CNQC International Holdings Equity-to-Asset Chart

CNQC International Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.25

0.27

0.30

0.23

0.21

CNQC International Holdings Semi-Annual Data
	Mar14	Sep14	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															0.30	0.30	0.23	0.24	0.21

Competitive Comparison of CNQC International Holdings's Equity-to-Asset

For the Real Estate - Diversified subindustry, CNQC International 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.

CNQC International Holdings's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CNQC International Holdings's Equity-to-Asset distribution charts can be found below:

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

CNQC International 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.

CNQC International Holdings'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
	=	2378.962	/	11121.372
	=	0.21

CNQC International Holdings'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
	=	2378.962	/	11121.372
	=	0.21

CNQC International Holdings (HKSE:01240) 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%.

CNQC International Holdings Equity-to-Asset Related Terms

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

CNQC International Holdings (HKSE:01240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CNQC International Holdings Ltd (HKSE:01240) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

39 Wang Chiu Road, 8th floor, Enterprise Square Phase Three, Kowloon Bay, Hong Kong, HKG

Website

https://www.cnqc.com.hk

CNQC International Holdings Ltd is engaged in the development of properties. Along with subsidiaries, the company operates through four segments. The Foundation and construction - Hong Kong and Macau segment mainly represent the provision of foundation and construction work to property developers, loaning of labor and rental of machinery in Hong Kong and Macau. The Construction - Singapore and Southeast Asia segment mainly represents the provision of construction work to property developers, sales of goods, loaning of labor and rental of equipment in Singapore and Southeast Asia. The Property development - Singapore and Southeast Asia and Property development - Hong Kong segment represent the sales of completed property units in Singapore and Southeast Asia and Hong Kong.

Executives

Qingdao Zhixinda Enterprise Management Partnership(limited Partnership)	2201 Interest of corporation controlled by you
Qingdao Qingjian Holdings Co	2201 Interest of corporation controlled by you
Guotsing Holding Group Co. Ltd.	2201 Interest of corporation controlled by you
Du Bo	2201 Interest of corporation controlled by you
Du Dexiang	2201 Interest of corporation controlled by you
Shang Hai He Li Yuan Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Cnqc Development Limited	2101 Beneficial owner
Zuo Haibin	2101 Beneficial owner
Zhang Zhihua	2101 Beneficial owner

CNQC International Holdings (HKSE:01240) Headlines

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