GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tianli International Holdings Ltd (HKSE:01773) » Definitions » Equity-to-Asset

Tianli International Holdings (HKSE:01773) Equity-to-Asset : 0.26 (As of Feb. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Tianli International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tianli International Holdings's Total Stockholders Equity for the quarter that ended in Feb. 2024 was HK$2,469 Mil. Tianli International Holdings's Total Assets for the quarter that ended in Feb. 2024 was HK$9,686 Mil. Therefore, Tianli International Holdings's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.26.

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

HKSE:01773' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.4   Max: 0.6
Current: 0.26

During the past 8 years, the highest Equity to Asset Ratio of Tianli International Holdings was 0.60. The lowest was 0.22. And the median was 0.40.

HKSE:01773's Equity-to-Asset is ranked worse than
81.11% of 270 companies
in the Education industry
Industry Median: 0.52 vs HKSE:01773: 0.26

Tianli International Holdings Equity-to-Asset Historical Data

The historical data trend for Tianli 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.

Tianli International Holdings Equity-to-Asset Chart

Tianli International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial 0.60 0.52 0.45 0.23 0.22

Tianli International Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.25 0.23 0.23 0.22 0.26

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

For the Education & Training Services subindustry, Tianli 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.


Tianli International Holdings's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tianli International Holdings's Equity-to-Asset distribution charts can be found below:

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



Tianli 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.

Tianli International Holdings's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=2230.08/10312.972
=0.22

Tianli International Holdings's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=2469.496/9686.447
=0.25

* 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.


Tianli International Holdings  (HKSE:01773) 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%.


Tianli International Holdings Equity-to-Asset Related Terms

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


Tianli International Holdings (HKSE:01773) Business Description

Traded in Other Exchanges
N/A
Address
Qingyang Industrial Zone, Tower T25, Sichuan Province, Chengdu, CHN
Tianli International Holdings Ltd operates as a private education service provider in Western China. The Company provides clients with integrated education management and diversified services. Its services mainly include comprehensive education services, training services, study trip services, early childhood education services, canteen operations, management and franchise, as well as supply chain management services. The Company also offers extracurricular programs in music, arts, physical education and languages, as well as licensing rights to its brands for early childhood centers. Geographically, it derives revenue from PRC.
Executives
Luo Shi 2201 Interest of corporation controlled by you
First Beijing Investment Limited 2102 Investment manager
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Tu Mengxuan 2202 Interest of your spouse
Sky Elite Limited 2101 Beneficial owner

Tianli International Holdings (HKSE:01773) Headlines

No Headlines