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Meilleure Health International Industry Group (HKSE:02327) Equity-to-Asset : 0.74 (As of Dec. 2023)


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What is Meilleure Health International Industry Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Meilleure Health International Industry Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,254.2 Mil. Meilleure Health International Industry Group's Total Assets for the quarter that ended in Dec. 2023 was HK$1,697.2 Mil. Therefore, Meilleure Health International Industry Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

The historical rank and industry rank for Meilleure Health International Industry Group's Equity-to-Asset or its related term are showing as below:

HKSE:02327' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.72   Max: 0.82
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Meilleure Health International Industry Group was 0.82. The lowest was 0.46. And the median was 0.72.

HKSE:02327's Equity-to-Asset is ranked better than
82.22% of 540 companies
in the Conglomerates industry
Industry Median: 0.44 vs HKSE:02327: 0.74

Meilleure Health International Industry Group Equity-to-Asset Historical Data

The historical data trend for Meilleure Health International Industry Group'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.

Meilleure Health International Industry Group Equity-to-Asset Chart

Meilleure Health International Industry Group Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.82 0.82 0.77 0.74

Meilleure Health International Industry Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 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 0.82 0.78 0.77 0.72 0.74

Competitive Comparison of Meilleure Health International Industry Group's Equity-to-Asset

For the Conglomerates subindustry, Meilleure Health International Industry Group'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.


Meilleure Health International Industry Group's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Meilleure Health International Industry Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Meilleure Health International Industry Group's Equity-to-Asset falls into.



Meilleure Health International Industry Group 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.

Meilleure Health International Industry Group'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
=1254.155/1697.209
=0.74

Meilleure Health International Industry Group'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
=1254.155/1697.209
=0.74

* 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.


Meilleure Health International Industry Group  (HKSE:02327) 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%.


Meilleure Health International Industry Group Equity-to-Asset Related Terms

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Meilleure Health International Industry Group (HKSE:02327) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Unit 2906, Tower 1, Lippo Centre, Admiralty, Hong Kong, HKG
Meilleure Health International Industry Group Ltd is an investment holding company principally engaged in the trading of healthcare products, chemical materials, and building materials. The company's operating segment includes Trading business; Agency service; Property development; Property investment and leasing; Healthcare related business and Industrial hemp business. The Trading business segment includes the trading of construction materials. Geographically, it derives a majority of revenue from PRC.
Executives
Shunda Investment Limited 2201 Interest of corporation controlled by you
Zhongjia U-home Investment Limited 2101 Beneficial owner
Zhou Xuzhou 2201 Interest of corporation controlled by you
Haitong Ut Leasing Hk Limited 2106 Person having a security interest in shares
U-home Group International Ltd
Haitong International Finance Company Limited

Meilleure Health International Industry Group (HKSE:02327) Headlines

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