China Tianbao Group Development Co (HKSE:01427) Equity-to-Asset : 0.17 (As of Dec. 2023)

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What is China Tianbao Group Development Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Tianbao Group Development Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,109 Mil. China Tianbao Group Development Co's Total Assets for the quarter that ended in Dec. 2023 was HK$6,638 Mil. Therefore, China Tianbao Group Development Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.17.

The historical rank and industry rank for China Tianbao Group Development Co's Equity-to-Asset or its related term are showing as below:

HKSE:01427' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.2 Max: 0.3
Current: 0.17

During the past 8 years, the highest Equity to Asset Ratio of China Tianbao Group Development Co was 0.30. The lowest was 0.16. And the median was 0.20.

HKSE:01427's Equity-to-Asset is ranked worse than
87.34% of 1824 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:01427: 0.17

China Tianbao Group Development Co Equity-to-Asset Historical Data

The historical data trend for China Tianbao Group Development Co'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 Tianbao Group Development Co Equity-to-Asset Chart

China Tianbao Group Development Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.18

0.20

0.19

0.16

0.17

China Tianbao Group Development Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial								0.19	0.20	0.16	0.16	0.17

Competitive Comparison of China Tianbao Group Development Co's Equity-to-Asset

For the Real Estate - Diversified subindustry, China Tianbao Group Development Co'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 Tianbao Group Development Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Tianbao Group Development Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Tianbao Group Development Co's Equity-to-Asset falls into.

China Tianbao Group Development Co 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 Tianbao Group Development Co'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
	=	1109.06	/	6638.285
	=	0.17

China Tianbao Group Development Co'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
	=	1109.06	/	6638.285
	=	0.17

China Tianbao Group Development Co (HKSE:01427) 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 Tianbao Group Development Co Equity-to-Asset Related Terms

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

China Tianbao Group Development Co (HKSE:01427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Tianbao Group Development Co Ltd (HKSE:01427) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

No. 33, Guanyun East Road, Hebei Province, Zhuozhou, CHN

Website

https://www.chinatbjt.com

China Tianbao Group Development Co Ltd is a property developer and construction company in Zhuozhou, a city in Hebei Province, China. The group operates through two segments: Property development and other business; and construction contracting businesses. The property development business is engaged in the development and sales of residential properties, and leasing and operation of an investment property. The construction contracting business provides construction contracting services mainly as a general contractor for building construction projects, infrastructure construction projects, and industrial and commercial construction projects.

Executives

Ai Xinting	2101 Beneficial owner
Jixiang International Industrial Company Limited	2101 Beneficial owner
Li Baotian	2201 Interest of corporation controlled by you
Zhou Chunlan	2202 Interest of your spouse

China Tianbao Group Development Co (HKSE:01427) Headlines

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