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Harbour Centre Development (HKSE:00051) Equity-to-Asset : 0.85 (As of Dec. 2023)


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What is Harbour Centre Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Harbour Centre Development's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$14,329 Mil. Harbour Centre Development's Total Assets for the quarter that ended in Dec. 2023 was HK$16,896 Mil. Therefore, Harbour Centre Development's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.85.

The historical rank and industry rank for Harbour Centre Development's Equity-to-Asset or its related term are showing as below:

HKSE:00051' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.65   Max: 0.85
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of Harbour Centre Development was 0.85. The lowest was 0.55. And the median was 0.65.

HKSE:00051's Equity-to-Asset is ranked better than
90.14% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:00051: 0.85

Harbour Centre Development Equity-to-Asset Historical Data

The historical data trend for Harbour Centre Development'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.

Harbour Centre Development Equity-to-Asset Chart

Harbour Centre Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.65 0.76 0.80 0.85

Harbour Centre Development Semi-Annual Data
Jun14 Dec14 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 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 0.76 0.79 0.80 0.82 0.85

Competitive Comparison of Harbour Centre Development's Equity-to-Asset

For the Real Estate - Development subindustry, Harbour Centre Development'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.


Harbour Centre Development's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Harbour Centre Development's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Harbour Centre Development's Equity-to-Asset falls into.



Harbour Centre Development 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.

Harbour Centre Development'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
=14329/16896
=0.85

Harbour Centre Development'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
=14329/16896
=0.85

* 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.


Harbour Centre Development  (HKSE:00051) 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%.


Harbour Centre Development Equity-to-Asset Related Terms

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


Harbour Centre Development (HKSE:00051) Business Description

Traded in Other Exchanges
N/A
Address
Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
Harbour Centre Development Ltd has engaged in the acquisition, development, design, construction, sales, and marketing of properties in China. The operating business segments are investments, development property, investment property, and hotels. The Development property segment do activities relating to the acquisition, development, design, construction, sales, and marketing of properties in Mainland China. The Investment property segment represents the property leasing of the company's investment properties in Hong Kong. The Hotel segment represents the operations of Marco Polo Hongkong Hotel and Marco Polo Changzhou. It also includes The Murray, which is under construction. Its maximum revenue is driven by the Development property segment and from the Mainland China region.
Executives
Hsbc Trustee (c.i.) Limited 2301 Trustee
Wheelock And Company Limited 2201 Interest of corporation controlled by you
Wharf Real Estate Investment Company Limited 2201 Interest of corporation controlled by you

Harbour Centre Development (HKSE:00051) Headlines

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